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Monday, June 11, 2018
Sound Energy submitted its application for the development of the Tendrara gas discovery to the Moroccan Ministry of Mines, Energy, Water and Environment. According to the company’s CEO, James Parson the submission of the application is an important milestone.
“I am delighted with the achievement of this important milestone with the first, development concession in Eastern Morocco. The concession award, expected later this year, will be a significant step to both de-risk the development and commercialize the gas discovery.
The company continues to make excellent progress on all fronts and, in addition to the FEED award announced June 7, the company continues to advance discussions in relation to a gas sales agreement.”
Sound Energy’s application for the Phase-1 development of Tendrara, which will now be reviewed by the Ministry, covers the technical and commercial aspects of the field development plan and the outline of the development area.
Once onstream, the existing discovery is expected by the company to produce some 60 million standard cubic feet per day of natural gas, and be monetized through a future 120km pipeline to the Gazoduc Maghreb Europe (GME) pipeline which is part of the infrastructure subject to the recent front end engineering and design (‘FEED’) award.
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