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On 30 August 2024, Indus Gas Limited reported that the extension of the PSC for Block RJ-ON/6 for a period of 10 years is under consideration. Additionally, the Company's ultimate customer's power plant maintenance is ongoing, resulting in a reduced gas offtake.
| Date | 30 Aug 2024 |
| Time | 11:00:00 |
| Category | Corporate updates |
| ID | 3344C |
30 August 2024
Indus Gas Limited
("Indus" or the "Company")
Corporate and Operational Update
Further to the Company's announcement on 25 June 2024, the Company understands that extension of the PSC for Block RJ-ON/6 for a period of 10 years is under consideration. Operations continue, but the maintenance of the ultimate customer's power plant is still ongoing resulting in a reduced offtake of gas.
Further updates will be made as and when appropriate.
-ENDS-
For further information please contact:
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Indus Gas Limited
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Jonathan Keeling
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+44 (0) 20 8133 3375 |
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Strand Hanson Limited (Nominated & Financial Adviser and Broker)
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Ritchie Balmer, Rory Murphy
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+44 (0) 20 7409 3494 |