Chariot Signs Tie-In Deal to Transport Gas Through Moroccan Pipeline

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“I am very pleased to announce the signing of this Pipeline tie-in Agreement with our partner on the Lixus license, ONHYM,” stated Pierre Raillard, Head of Gas Business and Morocco Country Director at Chariot, adding, “This moves Chariot a step closer towards delivering first gas from the Anchois Gas Field to potential customers using the GME Pipeline. The Anchois Gas Pipeline is a highly strategic asset given the continued volatility of global energy markets and combined with its proximity to the international GME Pipeline, we are well-placed to bring gas online as quickly as possible.”

Covering an area of approximately 1,794km2, the Anchois Gas Project is situated within the Lexus license in water depths of up to 850m. Assessments indicate the presence of an estimated 637 billion cubic feet (bcf) of contingent resources and up to 754 bcf of prospective resources.

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Onur Yilmaz

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