State Gas Limited (STGSF) CNG Facility Construction Update

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide an update on preconstruction activities for its compressed natural gas ("CNG") facility which will support the processing and initial sale of production testing gas from its Rolleston West Project.

Environmental and cultural heritage clearance has been obtained for all construction areas including pipeline alignments. The pre-commissioned components of the CNG Facility and other associated construction components and materials will be shipped to site in the week beginning 9 October 2023 with civil site works to commence later that week. The total construction timetable remains unchanged at six to eight weeks, followed by an extended period of plant commissioning. The long term forecast over that period suggests favourable weather conditions.

Executive Chairman, Richard Cottee said "State Gas is committed to keeping its shareholders and other stakeholders updated as the Company completes a series of critical milestones on the path to delivering initial gas production from its Rolleston West Project. The Company has made excellent progress over the last month in finalising procurement, completing pre-commissioning work and completing final site surveys. As a result, site works will commence in the week beginning 9 October 2023, with the Company on track for CNG plant commissioning and first gas by late November 2023."

Doug McAlpine
Chief Executive Officer
Phone: 0488 007 889
Email: doug@stategas.com

Richard Cottee
Executive Chairman
Phone: 0458 517 850
Email: richard@stategas.com

News Provided by ABN Newswire