Posted on : Tuesday , 22nd December 2015
Final well maintenance work is currently in progress to bring Kiliwanie North-1 on stream
Dublin-listed oil and gas firm Aminex has secured a further six month extension for the repayment of its $7.6 million corporate loan facility to allow it to continue work at its Kiliwani North gas field in Tanzania.
The group now has until July 31st to repay the loan.
Aminex previously secured a six month extension for the facility in June.
The extension is intended to provide flexibility during the commissioning and testing phase of the Kiliwani North gas field.
Aminex also said on Monday that negotiations over a gas sales agreement have now been completed and submitted to the Tanzanian Attorney General for final approval.
Final well maintenance work is currently in progress to bring Kiliwanie North-1 on stream, the group said.
Expogroup is a full service exhibition organiser with over eighteen years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
EXPOGROUP © 1996 - 2025 | Privacy PolicyJoin our mailing list and receive latest news and advice from us in our monthly Newsletter
Yes, I would like to receive Expogroup E-newsletters