REG - Aminex PLC - Ntorya to Madimba Pipeline

AminexAnnouncement

23/01/2026 07:02

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RNS Number : 0479Q  Aminex PLC  23 January 2026

23 January 2026

 

Aminex plc

 ("Aminex" or "the Company")

 

Ntorya to Madimba Pipeline

 

Aminex, the oil and gas exploration and development company focused on
Tanzania, is pleased to announce that the pipe required for construction of
the pipeline from the Ntorya gas field to the Madimba gas processing plant has
arrived from China into Mtwara port, Tanzania and that groundwork and
pipelaying remains on schedule to commence in February 2026.

 

Charles Santos, Executive Chairman of Aminex, commented:

"We are very pleased to report that the pipe for the Ntorya to Madimba
pipeline has arrived ahead of schedule, demonstrating the commitment of TPDC
and the Government of Tanzania to move this project forward to completion. We
will provide a further operational update shortly."

 For further information:

 Aminex PLC                            +44 203 355 9909
 Charles Santos, Executive Chairman

 Knights Media & Public Relations      +44 203 653 0200
 Jason Knights, Anthea Pitt

 Davy                                  +353 1 679 6363
 Brian Garrahy

 Shard Capital                         +44 20 7186 9952
 Damon Heath

 Axis Capital Markets                  +44 203 026 0320
 Richard Hutchison

Notes to Editors:

The Ntorya Development Licence area lies adjacent to a region containing
supergiant world-class LNG projects, extending from offshore Tanzania into
Mozambique waters to the south. The JV partners intend to produce Ntorya gas
into the growing domestic gas market, helping to alleviate energy poverty and
boost the energy transition in Tanzania.

Aminex, with a 25% non-operated interest, is carried throughout the ongoing
work programme to a maximum gross capital expenditure of $140 million ($35
million net to Aminex). The carry is expected to see the Company through to
the commencement of commercial gas production from the Ntorya field at zero
cost to the Company.

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