Aminex Gets Paid

Sunday, August 21, 2016

Aminex received first payment in relation to gas produced from the Kiliwani North-1 well in Tanzania. The gas produced was supplied to Tanzania’s sate-run firm TPDC.

Gas produced was paid in USD and in accordance with the company’s GSA with TPDC.  Scheduled future payments will be in accordance with the agreed GSA.

Aminex continues to work with TPDC during the current commissioning period to achieve an optimal rate and during this phase is being paid for all gas produced.

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