Over the years, Morocco has discovered numerous gas deposits located right next to pipelines and a large network of industrial units to the point of having a strong natural gas potential.
The British company Sound Energy announced that it has made progress in the context of phase 1 of the development of the Tendrara gas project. This is the result of the work done by the Italian contractor Italfluid, which is carrying out the installations for Sound Energy Morocco East Limited (SEMEL), a wholly-owned subsidiary of Sound Energy.
Sound Energy has announced the start of site preparation work for the construction of its small-scale gas liquefaction plant at the Tendrara field.
Sound Energy announced on Tuesday that it has concluded an agreement with the National Office of Hydrocarbons and Mines (ONHYM) for the connection to the Maghreb-Europe gas pipeline (GME).
The British company Sound Energy and the National Office of Electricity and Drinking Water (ONEE) have just extended by three months the deadline for examining the terms of the natural gas marketing agreement from the Tendrara concession, signed at the end of November last year.
The British company Sound Energy has extended its binding gas sale and purchase agreement (the "GSA") concerning the development of phase 2 of the Tendrara production concession with the National Office of Hydrocarbons and Mines (ONHYM).
Sound Energy PLC announced on Wednesday that work on the first phase of the Tendrara onshore gas treatment and liquefaction facility will begin in the coming days.
Afriquia Gaz has granted a $18 million loan to the British company Sound Energy to finance the development of the first phase of the natural gas production project in Tendrara. This loan financing runs until 2033.
The British company Sound Energy intends to give new life to the Maghreb-Europe gas pipeline (GME) . In this sense, it has concluded a binding gas sale and purchase agreement (the "GSA") concerning the development of phase 2 of the Tendrara production concession with the Moroccan state-owned company.
The British company Sound Energy is considering commissioning a new gas pipeline to supply gas to Morocco and even export it to Spain and Portugal, after Algeria closed the Maghreb-Europe gas pipeline which provided 90% of the kingdom’s gas consumption.
Sound Energy has decided not to disperse its activities in Morocco, especially after the termination of the Maghreb-Europe gas pipeline (GME) contract by Algeria. But it will first have to settle its tax disputes with the State.
The British company Sound Energy has signed an agreement with Afriquia gaz, the Moroccan leader in the distribution of liquefied petroleum gas, butane and propane, for the marketing of gas, for a period of 10 years.