Member Info for gaslady

@Watchhouse

you made excellent timing with your last buy 😊

well done

Nice!

Agreed crusty.

Historically they have drilled in December for I think my memory tells me all previous operations....an available rig may not be in TZ ATM... Will check Baker Hughes for the latest count...

Would a December spud for CH1 be feasible rig source permitting?

Err..4?

Oh and not forgetting condensate extraction locally...😊

Once processed at Madimba the gas could be piped / supplied onwards I guess.

More infrastructure / connections required eventually.

Unclear atm how the LNG will be connected or CNG supplied too...it will no doubt all become clear.

The Ntorya gas project is set to deliver transformative industrial benefits for Tanzania and the broader East African region. Some of the key ways the project will impact industry, infrastructure, and the national economy:

Reliable, Affordable Energy for Industry::

Rapid-Response Solution: Ntorya's onshore location allows for lower development and operating costs compared to offshore projects, enabling a quicker start and more affordable energy for industries

Meeting Growing Demand: The field will provide a rapid, scalable solution to Tanzania’s 8–10% annual energy demand growth, ensuring industries can expand with guaranteed energy supply.

Industrial Offtake: The project targets direct supply to domestic industries such as fertilizer, cement, and plastics plants, gas-fired power stations, and CNG stations for vehicles, boosting Tanzania’s manufacturing capability and economic diversification.

Power Generation and Grid Stability:

Major Electricity Boost: Ntorya gas will support new and expanded gas-fired power plants, strengthening Tanzania’s electricity grid, reducing blackouts, and supporting industrialization, including in the Mtwara region.

Cleaner Industrial Energy: By replacing coal and wood with natural gas, the project enables industries to adopt cleaner, more efficient production with lower emissions..

Support for Rural Electrification: Ntorya is aligned with national goals to extend power access to rural communities, fostering industrial growth outside major urban centers.

Local communities are expected to gain several significant benefits from the Ntorya gas project, particularly in the Mtwara region and broader southern Tanzania:

**Improved electricity availability**:

The project will enable substantial new quantities of natural gas to be delivered for power generation, directly strengthening and expanding electricity access in the region. Increased and more reliable electricity will support everyday life and economic activity.

**Job creation and business opportunities**:

The development and ongoing operation of gas fields, pipeline construction, and associated infrastructure (such as processing facilities and camps) bring direct and indirect employment. Local businesses and entrepreneurs are poised to benefit from procurement, services, transportation, and construction contracts.

**Industrial development**:

The reliable supply of natural gas from Ntorya will support the growth of domestic industries such as fertilizer, cement, and plastics production, as well as vehicle CNG, domestic LPG, and gas-fired power stations. This industrial growth will further stimulate local economies and job markets.

**Knowledge transfer and skills development**:

The project operators have expressed intentions to build strong partnerships with local businesses and entrepreneurs, sharing expertise and developing a home-grown gas industry hub. This can raise skill levels and open up sustainable career paths for local residents.

**Reduction in energy poverty**:

By displacing dirtier traditional fuels (like coal and wood) with natural gas, the project will help alleviate energy poverty and improve health outcomes through cleaner energy access.

**Potential for increased community prosperity**:

The government has emphasized that the benefits of natural gas resources should directly improve citizens' lives, not only through jobs but also through improved infrastructure and public services made possible by new government revenue from gas sales.

The project is also described as a catalyst for national transformation, aiming to unlock significant prosperity for both local communities and the nation by boosting economic activity, supporting industrial growth, and increasing the reliability and reach of energy supplies.

"Following production from the Ntorya-1 well (NT-1), Ntorya-2 well (NT-2) and the planned Chikumbi- 1 well (CH-1), the FDP anticipates a phased development increasing the field production rate within around a five-year period from 60 mmscf/d to 140 mmscf/d to 280 mmscf/d, subject to the necessary export routes and offtake markets being built and sourced for the additional production. This will be achieved through a drilling program of an additional 13 wells in the coming decade."

https://www.worldoil.com/news/2025/3/5/aminex-announces-significant-progress-on-tanzania-s-ntorya-gas-development/

"an additional 13 wells."....that's a lot of gas to be exploited and utilized

Perhaps Mr Moi could help you out?

Rojo, You don't know what I think at all..hey, why not ask skinwalker, apache66 etc all..they may be able to help you.

Good luck!

"ramping is misleading, deceitful and insidious."

Quite..so is using multiple IDs..

I doubt he has any of those things...☺️

Https://dailynews.co.tz/tpdc-energetech-ink-gas-transport-deal/

A little more on this story...very interesting...🎈

Https://m.miningweekly.com/article/tpdc-and-energetech-tantel-sign-landmark-mou-2025-07-03

Wonder where the source gas will be coming from?

🎈

Crusty,,no worries I can repost

I;ve left an epc factor out as it's not clear at the moment who will construct / set up the hub linking the pipe to the wells (it may be part of the contract) but that will come out eventually.

😊

The future prospects for Aminex’s oil and gas projects, particularly in Tanzania, are robust and trending positively, driven by significant operational progress, government support, and updated resource estimates.

Key factors shaping Aminex’s outlook:

Ntorya Gas Project Expansion:

Aminex, together with operator ARA Petroleum Tanzania (APT), has updated and expanded the field development plan (FDP) for the Ntorya gas field following a successful 3D seismic program. The plan now anticipates a phased production increase:

Initial production: 60 million standard cubic feet per day (mmscf/d)

Medium-term target: 140 mmscf/d

Long-term target: 280 mmscf/d within five years

This will be achieved by drilling up to 13 additional wells over the next decade.

Resource Upside:

The seismic data has led to a significant upward revision of Ntorya’s gas resources. The field is now assessed to hold a P50 estimate of 3.45 trillion cubic feet (tcf) of gas, up from 1.64 tcf in 2018. In a best-case scenario, this could reach 7.95 tcf (P10, unrisked).

There is also considerable undrilled exploration potential in the broader Ruvuma licence area, with a risked Pmean of 2.2 tcf (excluding Ntorya).

Infrastructure and Monetization:

Pipeline construction: The tender process for the Ntorya to Madimba gas pipeline is complete, the EPC contract has been awarded to  China Petroleum Pipeline and China Petroleum Technology & Development Corporation. This pipeline is essential for connecting Ntorya gas to the national grid via the Madimba Gas Processing Plant, enabling large-scale commercialization.

First gas timeline: First gas from Ntorya is expected as soon as the pipeline is finished, with initial flows targeted for mid-2026.

Government and Regulatory Support:

Aminex has secured a 25-year development license and a long-term gas sales agreement with the Tanzania Petroleum Development Corporation (TPDC), ensuring regulatory stability and market access.

Financial Position:

Aminex expects to fund its capital expenditure through its “Carry” arrangement and future revenues from Ntorya, minimizing the need for additional shareholder dilution or external financing.

Strategic Importance:

The Ntorya project is positioned to increase Tanzania’s gas production by 20–80%, supporting the country’s industrialization, energy security, and transition away from dirtier fuels like coal and wood.

Aminex Ntorya Project Outlook

Aspect

Status / Plan

Resource Estimate

3.45 tcf (P50); up to 7.95 tcf (P10, unrisked)

Production Targets

60 ? 140 ? 280 mmscf/d over five years

Drilling Program

Up to 13 additional wells in next decade

Pipeline Status

EPC tender nearly complete; construction to follow

First Gas Timeline

Targeting mid-2026

Government Support

25-year development license; gas sales agreement in place

Financial Position

Capex covered by Carry and future revenues

Strategic Impact

20–80% increase

Hmm..more bought than sold:

Trades 88

Vol. Bought 5,029,443

Bought Value £74.03k

Vol. Sold 4,879,915

Sold Value £68.39k

-0.68% change in SP.....negligible..

From Wikipedia:

The Mtwara–Dar es Salaam Natural Gas Pipeline 542 km

Construction began in June 2013, with commissioning in October 2015.

This took 28 months – at a build rate - 542km / 28months =19.36km per month

The construction contract for that was awarded to China Petroleum and Technology Development Co.

Madimba to Ntorya 35km, if build rate similar = 1.8 months

Note: Same contractor CPPCPTC as Mtwara–Dar es Salaam above.