AIM-listed Chariot Oil & Gas has signed a Memorandum of Understanding ( MOU ) along with its partner the Office National des Hydrocarbures et des Mines ( ONHYM ) with the Ministry of Industry, Trade and Green and Digital Economy in Morocco. The MOU relates to the Ministry s support of Chariot and ONHYM s Anchois Gas Development project.
Gas Market Memorandum of Understanding Signed in Morocco
Moroccan Government Support for Value Accretive Gas Development
Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused transition energy company, is pleased to announce that it has signed a Memorandum of Understanding ( MOU ) along with its partner the Office National des Hydrocarbures et des Mines ( ONHYM ) with the Ministry of Industry, Trade and Green and Digital Economy ( Ministry ) in Morocco (the Parties ). The MOU relates to the Ministry s support of Chariot and ONHYM s Anchois Gas Development project as a potential provider of significant gas to the Moroccan gas market.
The MOU states that the Ministry will support the Anchois Gas Development to enhance job creation, regional integration through the development of strategic infrastructure and the promotion of clean and competitive energy for consumption by the Moroccan industrial sector. This reflects the Ministry s active promotion of the use of natural gas ext
Morocco Signs MoU on Anchois Gas Project Support
Mar 2, 2021 8:00:am
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by: Joe Murphy
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Morocco Signs MoU on Anchois Gas Project Support
Morocco s industry and trade ministry has signed a memorandum of understanding (MoU) with London-listed Chariot Oil & Gas and Moroccan state-owned partner ONHYM on support for the offshore Anchois gas development. The MoU states that the ministry will support the Anchois gas development to enhance job creation, regional integration through the development of strategic infrastructure and the promotion of clean and competitive energy for consumption by the Moroccan industrial sector, Chariot said in a statement on March 2.