{"id":3271,"date":"2015-08-26T11:07:06","date_gmt":"2015-08-26T11:07:06","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=3271"},"modified":"2015-08-26T11:46:04","modified_gmt":"2015-08-26T11:46:04","slug":"tanzanias-kiliwani-north-gas-agreement-signed-q3-2015","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tanzanias-kiliwani-north-gas-agreement-signed-q3-2015\/","title":{"rendered":"Tanzania\u2019s Kiliwani North Gas Agreement to be Signed in Q3 2015"},"content":{"rendered":"

Production from the Kiliwani North Field could start in 2015 with the Tanzanian authorities having advised that production should start within Q3 2015 now that the main pipeline has been pressure tested and with the Gas Agreement expected to be signed this quarter.<\/p>\n

The completion of a Gas Sales Agreement (GSA) is subject to finalizing satisfactory payment protection guarantees and, following the recent start of production into the pipeline in the south of the country which Aminex says it believes that a GSA should be signed in time to achieve the near-term production timetable advised by the Tanzania Petroleum Development Corporation (TPDC).<\/p>\n

According to the latest half year report released today the company also believes that the agreement will help increase the pace at Ntorya appraisal wells.<\/p>\n

\u201cAminex is looking forward to first gas production from Kiliwani North within the current quarter in line with the timetable issued by the Tanzanian authorities following the commencement of production into the new main gas pipeline in the south of the country. The signing of the Kiliwani North Gas Sales Agreement, expected in the near future, should also assist the acceleration of the Company\u2019s other activities, particularly appraisal drilling at Ntorya,\u201d says Aminex CEO Jay Bhattacherjee.<\/p>\n

Kiliwani North where Aminex holds 65% withholding interest through its Tanzania subsidiary Ndovu\u00a0 Resources is close to the producing Songo-Songo gas field and new gas processing and transportation facilities and is only awaiting the signing of the gas sales agreement to sell gas to the market.<\/p>\n

Other partners in the Joint Venture include Solo Oil which it recently offloaded<\/a> to 6.5% of KNDL for $3.5 million having received formal approval from the Tanzanian Authorities to sell up to 13% of its interest in Kiliwani North Development Licence (KNDL) to the company.<\/p>\n

As per the last\u00a0a technical evaluation<\/a> on the resources of\u00a0Kiliwani North Development Licence\u00a0by Senergy, an independent oil and gas consultancy firm the PSA PMean Gas Initially in Place (GIIP) of 44 BCF (gross) of which 28 BCF (gross) booked as Contingent Resources (Best Estimate, 2C)<\/p>\n

 <\/p>\n

As a result of the share placing in June 2015, the Company says ithas sufficient funding for the current level of operations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Production from the Kiliwani North Field could start in 2015 with the Tanzanian authorities having advised that production should start within Q3 2015 now that the main pipeline has been … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11,1],"tags":[137,1201,1321,3528,3527,1784,2342,2472,2543],"class_list":["post-3271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","category-uncategorized","tag-aminex","tag-jay-bhattacherjee","tag-kiliwani-north","tag-ministry-of-energy-and-mining","tag-ndovu-resources","tag-ntorya","tag-solo-oil","tag-tanzania-petroleum-development-corporation","tag-tpdc","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/kiliwani-north.jpg?fit=498%2C565&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-QL","jetpack-related-posts":[{"id":3873,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tpdc-to-acquire-5-interest-in-the-kiliwani-north-license\/","url_meta":{"origin":3271,"position":0},"title":"TPDC to acquire 5% interest in the Kiliwani North License","author":"","date":"October 5, 2015","format":false,"excerpt":"Aminex has said that the Tanzania Petroleum Development Corporation (TPDC) has notified the Company of its intention to acquire a 5% working interest in the Kiliwani North Development (KNDL) and will become a full working interest partner going forward. Under the terms of the Nyuni East Songo-Songo Production Sharing Agreement\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/kiliwani-north.jpg?fit=498%2C565&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2577,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-draws-closer-gas-production-kiliwani-north-1-well\/","url_meta":{"origin":3271,"position":1},"title":"Tanzania draws closer to gas production from the Kiliwani North 1 well","author":"","date":"February 19, 2015","format":false,"excerpt":"Aminex has notified shareholders that the Tanzanian Petroleum Development Corporation (TPDC), through its contractors, has now begun constructing the Skid Metering Unit within the boundaries of the Kiliwani North Development Licence (KNDL) and have completed laying pipe to the KNDL boundary. Once construction is complete the Kiliwani North 1 well\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/kiliwani-north.jpg?fit=498%2C565&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4246,"url":"https:\/\/www.oilnewskenya.com\/index.php\/aminex-signs-gas-sales-agreement-with-tanzania-government\/","url_meta":{"origin":3271,"position":2},"title":"Aminex signs Gas Sales Agreement with Tanzania Government","author":"","date":"January 13, 2016","format":false,"excerpt":"Aminex is set to start first production in Africa following reports that it has executed a fully-termed Gas Sales Agreement (GSA) with the Tanzania Petroleum Development Corporation (TPDC) for its Kiliwani North gas field. Highlights of the Gas Sales Agreement include: Take-or-pay depletion contract with gas revenues payable in US\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"Mnazi Bay Field","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/Mnazi-Bay-Field.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4740,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzanias-kiliwani-north-well-commissioned\/","url_meta":{"origin":3271,"position":3},"title":"Tanzania’s Kiliwani North Well Commissioned","author":"","date":"June 6, 2016","format":false,"excerpt":"The Kiliwani North production license operator Ndovu Resources Limited (a subsidiary of Aminex plc) has announced that initial production that\u00a0started in April and the first Kiliwani North-1 (KN-1) gas was processed and entered the pipeline system connecting the Songo Songo plant with the national pipeline on 2nd June. This follows\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Kiliwani-North.png?fit=379%2C538&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4316,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kiliwani-north-1-well-set-for-production-starting-mid-february\/","url_meta":{"origin":3271,"position":4},"title":"Kiliwani North 1 Well Set for production starting mid-February","author":"","date":"February 1, 2016","format":false,"excerpt":"Aminex has informed its shareholders the Tanzanian Petroleum Development Corporation has advised Kiliwani North-1 well could start production in mid February and is currently undergoing final well integrity testing prior to first production. This development follows the signing of a Gas Sales Agreement (GSA) in January which saw the gas\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Kiliwani-North.png?fit=379%2C538&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4343,"url":"https:\/\/www.oilnewskenya.com\/index.php\/solo-oil-invests-additional-equity-in-kiliwani-north-tanzania\/","url_meta":{"origin":3271,"position":5},"title":"Solo Oil Invests Additional Equity in Kiliwani North, Tanzania","author":"","date":"February 11, 2016","format":false,"excerpt":"Solo Oil has announced that it has acquired a further interest in the Kiliwani North Development Licence from concession operator Aminex to reach 10% from the current 6.175% interest in the KNDL where the Kiliwani North-1 well is located and will pay Aminex US$2.16 million. The increase in ownership follows\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/solo-oil.jpg?fit=320%2C320&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=3271"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3271\/revisions"}],"predecessor-version":[{"id":3273,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3271\/revisions\/3273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1913"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=3271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=3271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=3271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}