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Morocco: Sound Energy enters into letter of exclusivity for Tendrara Phase 1 Development


Morocco: Sound Energy enters into letter of exclusivity for Tendrara Phase 1 Development
04 Jan 2021
Sound Energy has provided an update in relation to the Company s proposed
micro liquefied natural gas ( mLNG ) phase 1 development project for the TE-5 Horst (the Phase 1 Development ) at the
Tendrara Production Concession, onshore Morocco.
Letter of Exclusivity
The Company has announced that
Sound Energy Morocco East Limited ( SEMEL ), the Company s wholly owned subsidiary, has entered into a letter of exclusivity (the LoE ) with
Italfluid Geoenergy pursuant to which the parties have agreed to use their reasonable endeavours to negotiate and enter into a binding project contract which will on entry commit Italfluid to design, construct, commission, operate, maintain and let to SEMEL a mLNG Plant which can produce LNG. The mLNG Plant, which will also treat and process raw gas from the Phase 1 Development prior to liquefaction, is a substantial ....

Italfluid Geoenergy , Mohammed Seghiri , Moroccan Energy Group , Energy Morocco East Limited , Sound Energy , Tendrara Production Concession , Sound Energy Morocco East Limited , Project Contract , Initial Payments , Daily Rental , Proposed Transaction , Leading Moroccan Energy , Gas Offtaker , Chief Operating Officer , மொராக்கோ ஆற்றல் குழு , ஆற்றல் மொராக்கோ கிழக்கு வரையறுக்கப்பட்டவை , ஒலி ஆற்றல் , ஒலி ஆற்றல் மொராக்கோ கிழக்கு வரையறுக்கப்பட்டவை , ப்ராஜெக்ட் ஒப்பந்த , ஆரம்ப கொடுப்பனவுகள் , தினசரி வாடகை , ப்ரபோஸ்ட் பரிவர்த்தனை , முன்னணி மொராக்கோ ஆற்றல் , தலைமை இயங்குகிறது அதிகாரி ,

Tendrara: Phase 1 Development Update, 23 Dec 2020 01:00


 
The Company is delighted to announce that Sound Energy Morocco East Limited ( SEMEL ), the Company s wholly owned subsidiary, has entered into a letter of exclusivity (the LoE ) with Italfluid Geoenergy S.r.l. ( Italfluid ) pursuant to which the parties have agreed to use their reasonable endeavours to negotiate and enter into a binding project contract (the Project Contract ) which will on entry commit Italfluid to design, construct, commission, operate, maintain and let to SEMEL a mLNG Plant (the mLNG Plant ) which can produce LNG. The mLNG Plant, which will also treat and process raw gas from the Phase 1 Development prior to liquefaction, is a substantial part of the surface facilities required to be built and operated as part of the Phase 1 Development. ....

Ben Jeynes , Russell Cook , Italfluid Geoenergy , Andy Thacker , Chris Mcmahon , Graham Lyon , Mohammed Seghiri , Energy For The Phase , Moroccan Energy Group , Energy Morocco East Limited , Vigo Communications , Tendrara Production Concession , Sound Energy Morocco East Limited , Project Contract , Initial Payments , Daily Rental , Proposed Transaction , Leading Moroccan Energy , Gas Offtaker , Sound Energy , Chief Operating Officer , Pope Investments , Market Abuse Regulations , ரஸ்ஸல் சமைக்கவும் , ஆண்டி தாக்கர் , கிறிஸ் மக்மேயந் ,