- Global Markets: LNG Buyers in Asia Look to Resell Supply
- Global Oil & Gas: EU Rules on Methane Curbs May Boost LNG Industry - Exxon
- Global Oil & Gas: Venture Global Accused of Reneging on LNG Contracts for Europe
- Global Oil & Gas: Oil Unchanged as Market Struggles for Direction
- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
Mozambique Energy: Ncondezi Energy reviewing contract bids for Moz project
Ncondezi Energy said a joint development agreement for its 300MW power and coal mine project in Mozambique was still targeted for completion by the end of July.
The company said proposals for engineering, procurement, and construction and operations and maintenance contracts had been received. However more information was required, it said, with a deadline of 23 April to receive complete proposals.
An internal review of the proposals was in process and targeted for completion by the end of May.
The company said its cash position, as of mid-April, of $317k was ‘sufficient to cover activities until August 2018’.
At 8:36am: [LON:NCCL] Ncondezi Energy Limited share price was +0.1p at 4.9p