Article length: 571 words
Cameroon: VOG signs LoI for Etinde gas
Victoria Oil & Gas (VOG) has signed a letter of intent with operator New Age (African Global Energy) to buy gas from the long-stranded Etinde field. The project would involve building 60km of new pipeline from Limbe to Douala, opening up opportunities for gas supply along the route. Under the terms of the agreement, VOG and New Age will seek to conclude a 20-year gas supply agreement (GSA) to supply 25-30mcf/d of processed gas to VOG subsidiary Gaz du Cameroun (GDC) at Limbe.
Credit value: 6