London-based minnow Sound Energy on 11 December completed the sale of a 55% operator’s stake in the Tendrara gas project in the country’s far east to Moroccan mining firm Managem for “up to $45.2mn” (MEES, 21 June).
Construction is underway on Phase-1 which will see output of 10mn cfd from 2025 trucked to industrial end users after on-site liquefaction at a ‘micro LNG’ plant. (CONTINUED - 217 WORDS)