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Block Energy Plc signs MoU for gas offtake from West Rustavi Licence

Paul Haywood, director of Block Energy Plc (LON:BLOE), tells Proactive's Andrew Scott they've  inked a new agreement for gas sales at the West Rustavi project in Georgia.

A memorandum of understanding with Bago Ltd, one of the largest private gas firms in Georgia, sets out the proposed terms for the sale of at least 1,000 cubic metres of gas per day

Quick facts: Block Energy PLC

Price: 5.199 GBX

AIM:BLOE
Market: AIM
Market Cap: £20.46 m
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Investor Update: SIMEC Atlantis chosen for demo project in Japan

Headlines from the Proactive UK newsroom. SIMEC Atlantis Energy (LON:SAE) has been chosen to supply tidal generation equipment and offshore construction services for a demonstration project in Japan. The project is located in the straits of Naru Island.  Block Energy (LON:BLOE) has...

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