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Aminex plc ( (GB:AEX) ) has shared an update.
Aminex plc has announced that the Tanzania Petroleum Development Corporation has awarded an EPC contract for a gas pipeline from the Ntorya gas field to the Madimba gas processing plant to Chinese companies. This development marks a significant milestone for Aminex and underscores the Tanzanian government’s commitment to leveraging the Ntorya gas field as a valuable resource for energy and industrial development, with Aminex holding a 25% interest in the project.
More about Aminex plc
Aminex plc is an oil and gas exploration and development company primarily focused on operations in Tanzania. The company is involved in the development of the Ntorya gas field and aims to contribute to the domestic gas market, addressing energy poverty and supporting industrial growth in the region.
Average Trading Volume: 3,784,464
Technical Sentiment Signal: Sell
Current Market Cap: £50.63M
See more data about AEX stock on TipRanks’ Stock Analysis page.