Georgia Project III Gas Development
Sector: Raw Materials • Location: Georgia
Source: Proactive financial news
Block Energy PLC signed a binding framework agreement with China's Zhijiang Sanning Energy to farm out its Project III gas assets in Georgia. The deal includes a $75 million fully carried cost arrangement where Sanning acquires a 51% interest, while Block retains 49% and remains operator. The project covers appraisal and production facilities at the Patardzueli-Samgori, Rustavi, and Teleti fields,
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Block Energy PLC signed a binding framework agreement with China's Zhijiang Sanning Energy to farm out its Project III gas assets in Georgia. The deal includes a $75 million fully carried cost arrangement where Sanning acquires a 51% interest, while Block retains 49% and remains operator. The project covers appraisal and production facilities at the Patardzueli-Samgori, Rustavi, and Teleti fields, with significant contingent resources and a high estimated net present value. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |