Botala Energy (ASX:BTE) signed binding letter of Intent to complete a liquefied natural gas (LNG) offtake agreement with SCAW South Africa Proprietary, according to a Thursday Australian bourse filing.
SCAW will purchase up to 3.5 petajoules per annum of LNG from the Serowe CBM project's first phase in Botswana, with an option to expand to 4.7 petajoule per annum in total.
The agreement will also integrate SCAW into the bankable feasibility study.
The agreement has an initial term of 10 years, with an option to extend up to 20 years. The deal has a revenue potential of around AU$381 million annually, targeting first LNG supply in 2027 or 2028.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。