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The Markets
by Proactive
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Oil & Gas

Quadrise Fuels expects Morocco fuel trials to begin shortly after customs cleared

Quadrise Fuels International PLC (AIM:QFI, OTC:QDRSF) said both its MSAR and bioMSAR heavy oil have cleared customs in Morocco and are now on-site with its client.

The bioMSAR was delivered in December and the company today said the MSAR has now also cleared customs.

Fuel trials are expected to begin before the end of March, it added, with the trial schedule currently being finalised with the client.

Following the trials, a commercial fuel supply agreement is expected in the first half, Quadrise said last month.

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