Sound Energy announces extension of agreements with ONEE & Attijariwafa Bank

The British Sound Energy company announced on Wednesday the extension of its “Gas Sales Agreement” (GSA) sealed with ONEE (Office National de l’Electricité et de l’Eau Potable) and Attijariwafa bank funding deal until 31st December 2023.

Executive Chairman of the company Graham Lyon) said: “various elements within the GSA are being amended to meet the debt funders criteria and to meet international standards.”

Thus, “Sound Energy, National Office of Hydrocarbons & Mines (ONHYM), ONEE and Attijariwafa bank are engaged under the auspices of the Ministry of Energy to conclude a revised GSA by year end,” he stressed.