- Natural gas producer Sound Energy said it had struck an early-stage agreement with a potential partner for its proposed liquified natural gas facility in Morocco.

The company said it had entered into a 'heads of terms' with a Moroccan conglomerate under which it would discuss potential offtake and financing deals.

Exclusivity had been granted to the conglomerate in relation to a proposed transaction until 31 December.

At 8:59am: [LON:SOU] Sound Energy PLC share price was +0.37p at 1.68p

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