Aminex Share Discussion Threads

[rangenoresources] 25/1/2024 07:53

Any news from AMINEX or have they given up?

[closetotheedge1] 12/1/2024 19:20

geoff tamarin
Gone post happy these last few days!!

Have you lost your RangenoBrain ADVFN login again.

🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣

[blackgold00] 12/1/2024 16:36

" How you feeling now BG? knowing the GSA made no difference whatsoever?"

Yes, fine Thankyou, Mr windup merchant. 🙂

[skinwalker] 12/1/2024 16:29

A post ?
More like a couple of hundred posts !

[geoff96] 12/1/2024 16:18

They all do Skin to fit their narrative.

Pretty sure if you go back through the archives of the last 8 years you will find a post from BG telling everyone good times are just around the corner ;)

[skinwalker] 12/1/2024 16:05

I think you've been telling porkies greyingsurfer !!

[geoff96] 12/1/2024 15:58

Haider, noticed you didn't take me up on that wager then? Sensible!

[haideralifool] 12/1/2024 14:43

Zanzibar — TANZANIA: TANZANIA envisions to cut fuel imports by 28 per cent come 2050 following the increasing exploration and drilling of local natural gas.

Deputy Prime Minister and Minister for Energy Dr Dotto Biteko revealed that on Wednesday, after witnessing the signing of the cooperation agreement for the natural gas project in the Ruvuma block (Mainland) between the Tanzania Petroleum Development Corporation (TPDC) and Ndovu Gas Drilling Company.

The event also involved the signing of documents for establishing relations to build infrastructures to distribute the natural gas. Dr Biteko is in Zanzibar for the 60th anniversary of the 1964 revolution celebrations which will climax tomorrow (January 12).
Elaborating, he said the government through his office has been taking different measures to ensure availability of natural gas for people and industries to reduce fuel dependence in the country.

"The strategy of the Ministry of Energy is to ensure the implementation of the gas policy, which includes ensuring wide distribution of clean energy and reaches various customers easily and affordably. As a nation we should look into things that will quickly get people out of poverty," Dr Biteko said.

He said that currently 80 per cent of the gas produced in the country is used as a source of electricity to generate power, while 38 per cent is for industrial use and 10 per cent for domestic use.

In addition, Dr Biteko said that in order to reach many people, there is a need to covert gas into liquid and transport it in different parts of the country.


Explaining about the project, TPDC Director General Mr Mussa Makame said that the signed project will increase availability of natural gas and definitely contribute to the country's economic growth. He said that currently a total of 1.6 billion cubic feet have been explored and tested, adding that this year, TPDC, in collaboration with the companies that signed the agreement, has planned new drilling points to increase the amount of gas produced.

"The new project is expected to produce 60 million cubic feet per day up to 140 million feet in the first three years," he said, adding that after completion of the contract will enable other activities to be carried out, including the drilling of wells to produce gas.

He said that under the new cooperation, there will be construction of infrastructures to collect gas from the wells, the infrastructure for initial transportation, including the construction of a 34-kilometre pipeline to transport gas from Gas collection point to the gas processing plant located in Mtwara.

As regards to the construction project of the infrastructure to convert natural gas into liquid, he said that the project will be the first to be implemented in the country and a milestone in the energy sector.

On his part, Mtwara Regional Commissioner (RC), Ahmed Abbas said that the project will be sustained for the people at the source of the gas drilling areas and the nation in general.

[geoff96] 12/1/2024 14:13

How you feeling now BG? knowing the GSA made no difference whatsoever?

Where is your breakout to 2p Whoopy?

Don't rush in everyone, the pipeline may complete this decade?

[skinwalker] 12/1/2024 12:19

I think you just made that up greyingsurfer !

[skinwalker] 12/1/2024 11:24

Really GS ?!
They better get cracking on the pipeline then !
Where will the pipeline end - at a sea-port ?

[greyingsurfer] 12/1/2024 10:01

No, Ruvuma has gas, and Tanz plans to substitute domestic gas for imported oil. FFS, it's not hard to understand!

[skinwalker] 12/1/2024 09:49

You're way out Range !
It says delays until 2030 and no pipeline (ever) !

[skinwalker] 12/1/2024 09:48

Oil ?
We ain't got no oil !
Maybe that's why the price of gas is not stated...?

[haideralifool] 12/1/2024 09:33

bg. I got rask.ai to do the first 40s.

The v/o was fine, but when the minister speaks it cuts out. Also only get I min free on task.ai You could try just linking after 40s and see if you can get more ...

Here's what it did:

The Deputy Prime Minister, who is also Tanzania's Minister of Energy, witnessed the signing of the agreement between TPDC and the organization as part of GACC of Siliya, in Eneo, Lantoria, in Kitalu, Charuvuma and ARA Petroleum and Ndovu Resource Ltd, an event that was held closed ears. The Minister of Energy has said that it is estimated that when it reaches two thousand and fifty, Tanzania will reduce its dependence on oil and reduce the import of oil into the country.

[rangenoresources] 12/1/2024 09:14

Blackgold - it says More Delays for 2024 and no pipeline to 2025

[blackgold00] 12/1/2024 08:47

I'd like someone to translate that video if possible 🙂

[edgar222] 12/1/2024 08:36

I agree, BG.So they are duty bound to RNS a MOU about LNG. If it applies to Aex. They didn't. Is my point. And why I'm sceptical.

[blackgold00] 12/1/2024 08:17

Swahili anyone 🙂

[edgar222] 12/1/2024 07:54

HaiderFeels like reaching to me but I like it!Aex are not operator. It may be that the operator has a plan negotiated with the authorities for a mini LNG route to market. They havent told Aex yet. The news of the signing ceremony was published and Aex had to rush out a RNS. They didnt mention LNG cos they didnt know about it.Also reaching, but you started it. ;)

[haideralifool] 12/1/2024 07:48

Edgar the way I rationalised the lack of RNS is that based on my (fairly uninformed) understanding an MoU can mean jack (depending on how it is worded).

I can't remember specific names but IIRC other plc's who've RNS'd MoUs have been held up as smoke/mirrors merchants.

Given the under-delivery so far, I'd not be surprised if AEX want to avoid making another promise that won't be delivered on - especially if it is based on something with no legal value anyway.

[edgar222] 11/1/2024 23:53

But not the RNS!Go figure.U may be right but it is odd!

[haideralifool] 11/1/2024 18:01

The mention of mini LNG is on the huge sign behind the APT and Tanz govt people who are signing the docs.