Moroccan and European focused upstream gas company, Sound Energy said it obtained regulatory approval for a proposed pipeline route from a discovery in Eastern Morocco to monetise the gas.
Wilaya of the L'Oriental Region in Morocco, a local authority in Eastern Morocco gave preliminary approval for the pipeline necessary to transit gas from Sound Energy's Eastern Moroccan interests to the Gazoduc Maghreb Europe (GME) pipeline, the company said in a statement.
The approval will now be followed up by engineering and commercial activities necessary to support final authorisation, Sound Energy said. The pipeline will support the infrastructure required for the early monetisation of gas from the TE-5 Horst discovery at Tendrara.
James Parsons, Sound Energy CEO, said, "I am delighted to have received this confirmation, which supports the significant progress we have made in developing our Moroccan portfolio to date. The approval is also further evidence of the relationships that Sound Energy has built in country since entering in 2015, and the mutual co-operation that exists with local, regional and governmental authorities."
In early July, Sound Energy successfully flared gas from its onshore Koba-1 well at Sidi Moktar, Morocco.