This is a serious statement and suggests the Namisange/likonde/Ntorya prospects are going to be the fairway. Today was the first time Sudi had been mentioned by Aminex in a while . The Sudi prospect lies closer to the sea than the others so are they trying to tie Sudi into the fairway or is it the oil potential they are interested in !!
Intelligent response from greyingsurfer over on advfn:
Can anyone put this into an Aminex perspective?
Not directly. This is an application to set a rate for transport and processing of gas that will be charged directly, or indirectly, to the end user according to how the sale and pricing is done. In the case of AEX they are going to be paid at the wellhead, so the cost of processing and transport will be charged to the consumer by TPDC, adding on what AEX get paid. Converting to SCF, it's around $4 mSCF
One note of interest is the clear statement that the proposed charge is a flat rate. There is no suggestion that gas from different sources will be charged differently. Therefore the agreed Wentworth price, of just over $3 mSCF should correspond closely to what's in the AEX GSA. Wentworth have supplied the infrastructure to deliver to the processing plant, whereas at KN1 TPDC are building the 2km pipeline to make the connection. The cost of doing that may be reflected in the GSA price, but I wouldn't expect it to be a large amount per mSCF.
Yes mate, consolidated gains on a great update. Nothing really new just showing on target. Under promise and over deliver. Personally I think Nyuni is on the brink of a deal.......just a hunch though !!
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