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Sound Energy plc
David Blewden's Company Details
Sound Energy is an upstream gas company with assets in Morocco, listed on the AIM market of the London Stock Exchange. Sound energy is focussed on providing lower carbon footprint fuels, powering the region's energy transition through cash generative developments.Sound Energy is developing Phase 1 of its operations in the Tendrara production concession, a Micro LNG facility to supply gas to Moroccan industry. Phase 2 will see gas delivered to the Maghreb-Europe pipeline. Our exploration portfolio continues to hold multi-Tcf upside potential.Natural gas is a key part of Morocco's de-carbonisation strategy, displacing power generation from carbon-intensive coal. Morocco has substantial growth plans that will drive increasing energy demand and envisages this demand to be met from renewable energies and natural gas. Sound aims to fuel the country's energy transition, and has the potential to export gas to Europe via the Maghreb-Europe pipeline once domestic demand has been met.