Aminex plc (GB:AEX) has released an update.
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Aminex plc announced the receipt of a 25-year Development Licence for the Ntorya gas field in Tanzania, marking a significant step in the country’s efforts to harness natural gas for energy production and economic growth. The company, with a non-operated 25% interest, is carried through the ongoing work program with no cost, expecting initial production of 40-60 million standard cubic feet per day. This project, backed by government commitment, aims to boost regional industrial development and could potentially lead to increased production with further investment.
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