Botala Energy Confirms Path to LNG Production

Botala Energy Ltd. (AU:BTE) has released an update.

Botala Energy Ltd. has completed a substantial feasibility study and pre-feasibility concept study for the Serowe Gas Project, confirming the project’s viability and outlining a path to commercial LNG production, with potential expansion aligned with South Africa’s looming gas shortage. The studies indicate the project could be bankable with secured off-take agreements and suggest various downstream options to maximize commercial potential. CEO Kris Martinick expressed confidence in becoming a low-cost LNG producer by 2026, funded through a mix of debt and well-generated cash flow.

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