CatalystWireBeta

Ntorya to Madimba Pipeline

In brief · summary, not quotable

Aminex PLC announced that the pipeline materials for the Ntorya to Madimba gas pipeline have arrived in Tanzania, with groundwork and pipelaying scheduled to begin in February 2026, keeping the project on track. The company holds a 25% non-operated interest and is carried through the work program up to a gross capital expenditure of $140 million, meaning Aminex will incur no cost until commercial gas production commences from the Ntorya field.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your AEX notes

Aminex, the oil and gas exploration and development company focused on Tanzania, is pleased to announce that the pipe required for construction of the pipeline from the Ntorya gas field to the Madimba gas processing plant has arrived from China into Mtwara port, Tanzania and that groundwork and pipelaying remains on schedule to commence in February 2026.

Charles Santos, Executive Chairman of Aminex, commented:

"We are very pleased to report that the pipe for the Ntorya to Madimba pipeline has arrived ahead of schedule, demonstrating the commitment of TPDC and the Government of Tanzania to move this project forward to completion. We will provide a further operational update shortly."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note