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Aminex plc ( (GB:AEX) ) has provided an announcement.
Aminex PLC has announced that its Ntorya Gas Development project in Tanzania has entered the construction phase, with the pipeline contract awarded and groundwork set to begin in January 2026. The project is expected to significantly impact Tanzania’s energy landscape by increasing gas production and replacing polluting fuels, thereby alleviating energy poverty and supporting industrial growth. Aminex’s strategic positioning in this development is supported by strong governmental and regulatory backing, ensuring a stable environment for future operations and shareholder value growth.
More about Aminex plc
Aminex PLC operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is primarily involved in the Ntorya Gas Development project in Tanzania, which aims to enhance the country’s energy supply and security by providing cleaner, reliable gas for power, industry, and agriculture.
Average Trading Volume: 5,115,070
Technical Sentiment Signal: Buy
Current Market Cap: £93.24M
For detailed information about AEX stock, go to TipRanks’ Stock Analysis page.