Regulatory Story
Go to market news section View chart   Print
Centamin PLC  -  CEY   

Market Update - EGPC Resumes Fuel Supply

Released 07:37 14-Dec-2012

RNS Number : 5371T
Centamin PLC
14 December 2012

For immediate release

14 December 2012


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




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


+44 20 7569 1671


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

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


Market Update - EGPC Resumes Fuel Supply - RNS