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Company Centamin PLC
TIDM CEY
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Market Update - EGPC Resumes Fuel Supply

Released 07:37 14-Dec-2012
Number 5371T07

RNS Number : 5371T
Centamin PLC
14 December 2012
 



For immediate release

14 December 2012

 

Centamin plc ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

 

 

Market Update - EGPC Resumes Fuel Supply

 

Centamin advises that its fuel supplier Chevron has received notification from Egyptian General Petroleum Corporation (EGPC) that fuel supply to Sukari may be resumed and that no retrospective payment is currently due.  The escalation in diesel pricing that the company experienced from local to international in January 2012 is currently before the courts and has been for some months.  This case will also deal with any retrospective claim.

 

A further update on the status of gold exports will be provided in due course as this will determine when operations at Sukari may resume.

 

 

For more information please contact:

 

Centamin plc

Josef El-Raghy, Chairman

Andy Davidson, Head of Business Development and Investor Relations

(andy.davidson@centamin.co.uk)

+44 20 7569 1671

Buchanan

Bobby Morse

Cornelia Browne

Gabriella Clinkard

+ 44 20 7466 5000

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Market Update - EGPC Resumes Fuel Supply - RNS