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The Company has recently executed the Gas
Sales Agreement with the SSGC, a state run gas transmission company, to
supply about 25MMSCFD gas from its under development field
‘Zarghun South Field’. Besides drilling a development well, the field
development work includes; construction of gas processing facilities,
gas gathering system and laying of a 65km gas export pipeline. The
project having estimated capital outlay of around US$40 million is
expected to commence commercial production during the first half of year
2010. |
