New Englia

[myungpartikrasi]

Petroenglia Statement on the Rossfadda Term Contract Tender

Petroenglia confirms that, following internal technical review and consultations with the Confederate Government and Administrative Zone authorities, the Rossfadda oil and gas tender will be expanded to include a third 10-year export term contract. This adjustment reflects updated production modelling, infrastructure readiness at the Galebrough and Lonmouth terminals, and the field’s demonstrated capacity to sustain higher long-term output while maintaining domestic supply stability.

The addition of a third contract is intended to enhance competitive bidding conditions and maximise industrial, fiscal, and strategic benefits for New Englia. All pre-qualified bidders will be invited to submit revised commercial and technical proposals under the updated tender structure.

Petroenglia further confirms that the final award of the three Rossfadda term contracts is scheduled for announcement on 25 August 5713, following completion of technical evaluation, regulatory compliance review, and contractual negotiations.

Petroenglia remains committed to conducting a fair, transparent, and commercially rigorous process in line with its mandate to safeguard New Englia’s long-term energy and economic interests.

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