• Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.
• This will cover sales of up to 60 mmcf/d that will be sold locally on a take or pay basis for a minimum of ten years. The gas will be delivered via the Maghreb-Europe Gas Pipeline.
• This is an important step ahead of the signing of a GSA with a very credible counter party. This would also unlock access to debt. The signature of a GSA is expecte ....

12 Dec 2022
Chariot Limited (AIM: CHAR): Agreeing long term offtake gas sales principles is a very important step

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Chariot Limited (AIM: CHAR): Agreeing long term offtake gas sales principles is a very important step
Chariot Limited (CHAR:LON) | 14.2 0 1.6% | Mkt Cap: 136.9m
- Published:
12 Dec 2022 -
Author:
Stephane Foucaud -
Pages:
5 -
• Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.
• This will cover sales of up to 60 mmcf/d that will be sold locally on a take or pay basis for a minimum of ten years. The gas will be delivered via the Maghreb-Europe Gas Pipeline.
• This is an important step ahead of the signing of a GSA with a very credible counter party. This would also unlock access to debt. The signature of a GSA is expecte ....