Sound Energy, the Moroccan-focused upstream company, said it received approval from Morocco’s authorities to build and operate a new gas pipeline.
The Tendrara Gas Export Pipeline, 120 km long and 20 inch wide, will connect the proposed gas treatment plant and compression station to Gazoduc Maghreb Europe pipeline. The pipeline will cross the Matarka Commune (Province of Figuig) and Merija Commune (Province of Jerada) to reach the delivery point of the GME.
The company continues to work on a Build-Own-Operate-Transfer funding solution for the infrastructure at the Tendrara Concession in parallel with progressing the previously announced proposed sale of a substantial stake in its Eastern Morocco portfolio, Sound said in a statement.
Sound Energy said the developments are important milestones in the process to develop and commercialise the Tendrara Concession and as the company progresses towards the final investment decision for the concession.