Morocco: Sound secures LNG deal with Afriquia, but gets tax headache


Issue 444 - 26 Aug 2021 | 1 minute read

London AIM-listed Sound Energy announced that its Sound Energy Morocco East (Semel) subsidiary’s micro liquified natural gas (mLNG) phase one development plan at Tendrara had secured a binding ten-year, take-or-pay LNG sale and purchase agreement with, and equity placing by, major Moroccan corporate Afriquia Gaz.

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