Chariot Oil & Gas has received a pair of non-binding expressions of interest from financial institutions that are considering bankrolling development of the UK-listed player’s Anchois gas discovery off Morocco.
The company said on Wednesday that the Africa Finance Corporation (AFC), a pan-African multilateral development financial institution, is interested in providing development debt finance for the discovery located within the Lixus licence.
The AFC is also considering financing the development of future discoveries from the wider prospect portfolio of the licence, which is estimated to contain around 2 trillion cubic feet of prospective resources.
