Aminex said its proposed sale of gas assets in Tanzania to UK exploration group Bowleven will not now proceed following the failure of the two firms to reach agreement on a forward work programme.
The two companies agreed a deal in December that would see Bowleven acquire a 25 per cent interest in the Kiliwani North licence and a 50 per cent interest in Ruvuma in Tanzania from Aminex in return for a cash and...
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