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Indus Gas Awaits PSC Extension Amidst Operations

Indus Gas Awaits PSC Extension Amidst Operations

Indus Gas (GB:INDI) has released an update.

Indus Gas Limited has announced that the extension of the Production Sharing Contract (PSC) for Block RJ-ON/6 is currently under consideration for an additional 10 years. Despite ongoing operations, there has been a reduced gas offtake due to maintenance work at the ultimate customer’s power plant. The company will provide further updates as developments occur.

For further insights into GB:INDI stock, check out TipRanks’ Stock Analysis page.

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