From Aminex's (operator of Kiliwani-N in which KEY has 20%) half yearly report just released
New seismic survey now complete over Kiliwani North and gas plant expansion likely to be given regulatory go-ahead in near future
... The new seismic survey recently completed over Songo-Songo Island will help define and quantify the Kiliwani North discovery and enable development plans to be made. The destination for Kiliwani North gas is clearly the Songas pipeline to Dar es Salaam and Aminex has recently been informed by the government of Tanzania that obstacles to necessary expansion of a process plant, which will enable access for Kiliwani North gas, are likely to be overcome in the near future.
Lets hope this happens soon ....
KEY Price at posting:
10.8¢ Sentiment: LT Buy Disclosure: Held