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Quadrise PLC - London-based residual oil technology that produces synthetic heavy fuel oil MSAR - Provides an update on its fuel trial in Morocco, saying it remains ‘in close touch’ with the client and notes that the client team and operations at the fuel trial site were not directly affected by the recent earthquake. Says it continues to monitor the situation closely, with a Quadrise team now on site installing and commissioning the replacement pump. Says the trial will re-commence at the next available client production window, which is now estimated to be early next month. AFP reported that the 6.8-magnitude earthquake on Friday last week. It was the most powerful in Morocco on record. According to an official toll issued late on Monday, at least 2,862 people have died and more than 2,500 have been injured. Current stock price: 0.91 pence, down 6.3% 12-month change: down 26% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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