EIA of the TGEP
The Company is pleased to announce receipt of EIA approval from the
EIA of the gas treatment plant and compression station
The Company advises that the EIA process related to CPF is progressing well. The initial meeting of the National Committee from the
Tendrara Gas Export Pipeline corridor rights
The Company advises that ongoing discussions with the representatives of the
Tendrara Gas Sales Agreement MOU
The Company confirms that GSA negotiations continue and, as indicated in the announcement made on
The Company continues to work on a Build-Own-Operate-Transfer funding solution for the infrastructure at the Tendrara Concession in parallel with progressing the previously announced proposed sale of a substantial stake in the Company's Eastern Morocco Portfolio.
The Company believes that the developments cited above are important milestones in the process of developing and commercialising the Tendara Concession and as the Company progresses towards the Final Investment Decision (when binding development capital commitments are to be made) for the concession.
Contact:
Patrick d'Ancona
Tel: 44 (0)20 7390 0230
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
(C) 2020 Electronic News Publishing, source