Following yesterday’s RNS, new disclosures confirm Expressions of Interest for rig services have already been issued — ahead of schedule.
Yesterday’s RNS: Two Key Milestones
On 27th August, Aminex released an RNS confirming significant operational progress at Ntorya:
-
Pipeline:
-
Contractors have begun procurement of pipe and equipment for the 35 km Ntorya–Madimba pipeline.
-
Mobilisation of construction equipment is scheduled for September 2025.
-
Groundwork and pipelaying are due to start in January 2026, with completion by July 2026.
-
-
Rig Tender:
-
The Petroleum Upstream Regulatory Authority (PURA) has approved the tender strategy for a drilling rig.
-
This approval enables drilling of Chikumbi-1 (CH-1) and a workover of Ntorya-1 (NT-1).
-
The RNS stated that Expressions of Interest (EOIs) from service contractors would be requested next week.
-
-
Condensate Discussions:
-
TPDC, APT, and Aminex also discussed the processing and storage of condensate, highlighting an additional revenue stream beyond gas sales.
-
Today’s Update: Ahead of Schedule
Less than 24 hours later, it has been confirmed via today’s release on X (formerly Twitter) that the Expressions of Interest have already been issued, a full week earlier than suggested in the RNS.
This over-performance signals:
-
Strong operator momentum from APT.
-
A clear alignment with Tanzanian regulators and stakeholders.
-
A demonstration that the project is moving faster than timelines originally set out.
Why This Matters for Investors
The combination of pipeline procurement, firm groundwork dates, and now the early launch of the rig tender process creates visible momentum on all fronts:
-
De-risked schedule: Procurement and mobilisation show the pipeline is firmly on track.
-
Accelerated rig contracting: The early release of EOIs means CH-1 and NT-1 are moving closer to execution.
-
Additional upside: Condensate monetisation discussions could provide another layer of value.
This update underscores the Government of Tanzania’s and APT’s commitment to delivering Ntorya gas to the Madimba plant on time — and potentially even ahead of schedule.
Closing Thought
Investors have long waited to see Ntorya move from planning into visible execution. With procurement underway, mobilisation imminent, and the rig tender already advancing faster than expected, that moment has arrived.
The project is not just progressing — it is gathering pace.