Sonagas SAE Gas Gathering Limited

KICL formed a joint venture with Sonagas SAE Gathering Limited, a subsidiary of government-owned Sonagas GE, to invest in the exploration and extraction of LNG, as well as the development of port facilities and development zones in Equatorial Guinea. The project is highly recognized by the local government and presidential office. KICL has made a total commitment of Euro 2B, payable over the course of a few years starting in 2024 and it has been budgeted for in the government’s financial plan.