Pasca A4 offshore gas project

Twinza welcomes endorsement of Pasca development

The Government is ready to commence negotiations with Twinza on the Gas Agreement in the near term, setting out the fiscal terms to allow the Project to enter the Front End Engineering and Design phase later this year.

Haiveta wants Twinza project to proceed

Governor Chris Haiveta said currently the country and his province need the investment and he wants the project to begin soon.

He made the comments following the flaring of the Pasca A4 well yesterday.

Congratulating Twinza on its milestone, Haiveta urged the government to move forward with the project even if the GTA is not ready.

The GTA spells out the equity participation and benefit sharing arrangement of the project.