TotalEnergies Statement re the Shetland Gas Plant

Kistos (LSE: KIST), a joint venture partner in the Greater Laggan Area and co-owner of the Shetland Gas Plant, today provides an update on the recent shutdown of the plant.

TotalEnergies the operator of the plant has released the following statement;

"Yesterday an element of the heating medium system at Shetland Gas Plant failed, resulting in a release of steam. Personnel were called to muster and everyone has been accounted for. Thankfully everyone is safe and well. To help us investigate the situation, we shut down the plant. Production remains shutdown whilst we conduct an investigation into the incident. Separately, we are also assessing when it will be safe to restart production. We will not restart production until it is safe to do so."

Kistos remains in regular contact with the operator and will provide further updates as appropriate.