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Oil & Gas

Solo Oil and Aminex boosted as pipeline reaches Kiliwani gas field

A gas pipeline has now been completed to connect Solo Oil (LON:SOLO) and Aminex’s (LON:AEX) Kiliwani gas project to a processing plant.

The pipe to the Songo Songo facility has been completed to within 20 metres of the production well head, Solo said in a statement.

It is the latest step in the companies’ achieving first revenues from Tanzania.

The pipeline will shortly be hooked up and commissioned, and in the meantime discussions continue with the authorities over a gas sales agreement.

"As we reach the point of gas commercialisation we are naturally tracking the process very closely and shortly expect to see final hook-up and pressure testing get underway,” said chairman Neil Ritson.

“With the imminent hook-up we also remain extremely confident that the GSA will be signed in time to commence exports of gas from the field as soon as the facilities are complete."

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