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An update from Aminex plc ( (GB:AEX) ) is now available.
Aminex has announced significant progress in its Ntorya gas development project in Tanzania, with key milestones like the pipeline delivery, well pad construction, and advanced service contract negotiations. The Ntorya development is poised to supply Tanzania’s growing domestic gas market, marking a notable step forward for both Aminex’s operations and the country’s energy security and economic growth.
More about Aminex plc
Aminex plc is an oil and gas exploration and development company focused primarily on Tanzania, holding a 25% non-operational interest in the Ntorya gas field project. The company aims to contribute to the growing domestic gas market in Tanzania, alleviating energy poverty and supporting the energy transition, while being carried financially through its interests in the Ntorya project up to a gross capital expenditure of $140 million.
Average Trading Volume: 7,444,556
Technical Sentiment Signal: Hold
Current Market Cap: £64.79M
Find detailed analytics on AEX stock on TipRanks’ Stock Analysis page.