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Botala Energy Ltd. ( (AU:BTE) ) has provided an announcement.
Botala Energy Ltd has made significant strides in its Serowe CBM Project, securing a mining license and a major commercial customer, SCAW South Africa, for its LNG production. This partnership, along with strategic agreements with FFS Refiners and NOVO Energy, positions Botala as a key player in addressing Southern Africa’s impending gas shortage, with plans to commence LNG supply by 2027/2028.
More about Botala Energy Ltd.
Botala Energy Ltd is a leader in Botswana’s Coal Bed Methane (CBM) industry, focusing on transforming its Serowe CBM Project into a commercially viable venture to address the emerging gas shortage in Southern and Central Africa.
YTD Price Performance: 10.0%
Average Trading Volume: 111,606
Technical Sentiment Signal: Sell
Current Market Cap: A$16.51M
For an in-depth examination of BTE stock, go to TipRanks’ Stock Analysis page.