Libya’s Energy Future: Industry and Political risk outlook was launched at a Chatham House seminar in London on 20 July.
Based on African Energy’s unparalleled track record in following Libya’s energy story and careful, originally sourced reporting from Libya and global markets, this updated and enlarged special report analyses the major issues and the financial and political trends influencing development of Libya's energy industries. Read more
A detailed guide to electrification in Africa
A 400-page study published in Paris by Karthala, L’Electricité au Coeur des Défis Africains (available in French only) includes an overview of the continental electricity supply industry and examples of generation, transmission and distribution projects. A chapter on decentralised rural electrification is followed by another on the establishment of decentralised services companies.
The book draws on articles and materials from a number of experts and sources, including African Energy.
Order a copy now, priced €36 / £30 plus postage and packing. Email: nick@africa-energy.com
AfricaHardball is an executive dialogue that brings together policy-makers, industry leaders and analysts to discuss the key political issues affecting the African energy industry in frank and open terms.
The last AfricaHardball roundtable was held on 29 June, prior to the start of EnergyNet Ltd’s annual Africa Energy Forum (AEF), in Basel. Read more
A detailed and frank analysis of Libya’s energy sector
Launched at a Chatham House round table seminar on Tuesday 20 July, Libya’s Energy Future 2010/11 builds on a special issue of African Energy that was published last year, one month before the 40th anniversary of Colonel Muammar Qadhafi’s ‘Great El Fatah Revolution’. Extensively rewritten and expanded by John Hamilton, supported by correspondents in Libya and third countries, and by Cross-border Information’s team of writers and researchers, it is intended to give an informed overview and analysis of the electricity, and upstream and downstream gas and oil industries in the Great Socialist People’s Libyan Arab Jamahiriya (State of the Masses).
Libya’s Energy Future offers not only detailed insight into specific projects and players, but also a clear understanding and analysis of the dominant issues, making it essential reading for anyone serious about doing business in Libya
Read moreabout Libya's Energy Future and the Chatham House launch seminar
Royal Dutch Shell, Vitol Group and Africa-focused private investment firm Helios Investment Partners have entered into exclusive negotiations for the potential joint acquisition by Vitol and Helios of equity in Shell’s downstream businesses in 19 countries in Africa. more
LIBERIA
LPRC contract resurfaces
Scottish engineering contractor Motherwell Bridge has announced a $22m contract with Liberian Petroleum Refining Company for the building and refurbishment of oil storage tanks. A row over the granting of a similar contract to Zakhem International Construction Company led to the sacking last year of former LPRC boss Harry Greaves. more
NIGERIA
Nigerians talk up sector reform with PIB expected ‘within weeks’
The controversial Petroleum Industry Bill (PIB), designed by the previous government to implement the largest energy sector shake-up in recent Nigerian history, will be passed into law by the end of August, according to petroleum minister Diezani Allison-Madueke. more
ALGERIA
As BP ponders Algerian assets, IOCs look for flexibility from the energy sector’s new top team
While Algiers tries to gain better control over Sonatrach’s operations, IOCs remain concerned that the authorities are prone to inflexibility and obsessed with outmoded concepts of national interest. It is in this complex operating environment that speculation is mounting that BP might sell its Algerian assets, write Jon Marks and John Hamilton. more
Sonelgaz bail-out shows how state solutions still predominate
Recent events at state utility Sonelgaz Holding seem to point to the limits of radical thinking on major Algerian energy sector problems. more
GHANA
Refiner eyes fresh import credits
One of West Africa’s worst-performing borrowers, the state-owned Tema Oil Refinery (TOR), is lining up new import finance from Ghana Commercial Bank (GCB), formerly its main lender. more
Issue 191 - 23 July 2010
NAMIBIA
Namcor won’t bid for BP assets
The government has decided not to support a bid by the state Namcor to buy BP’s local downstream assets. more
EGYPT
OCI to acquire Rotterdam ammonia terminal
Orascom Construction Industries’ OCI Fertilizer International subsidiary has signed an agreement to acquire 100% of the shares in Micro Chemie BV. more
LIBYA
Libya charts new course for NOC to weather the coming storm
New management, new strategy and possible new institutions are shaking up Libya’s energy sector, but first it must get over the recent lack of commercial discoveries and a number of thorny political issues more
EAST
As big guns pile into East Africa’s offshore, Aminex hopes for its own gas hub
Plans for a big East African regional pipeline may take some time to get off the ground, but Tanzania pioneer Aminex is hopeful it can develop significant reserves of gas with a relatively simple infrastructure more
NIGERIA
AccuGas transaction kicks off Nigerian gas financing, bankers see more such deals to come
A big new loan for a Nigerian gas project underlines growing interest from private investors in the country’s potential, writes Kevin Godier more
Too many Maghreb projects stalled on the drawing board
The first of a new series of Downstream hydrocarbons update tables suggests there are plenty of projects awaiting lift-off to add value to North African oil and gas producers. But too many schemes in the Maghreb remain stalled for lack of finance and serious development partners more
Issue 190 - 9 July 2010
CAMEROON
Foster Wheeler wins pre-FEED for LNG scheme
France’s GDF-Suez has given Foster Wheeler’s Global Engineering and Construction Group a contract to carry out the pre-front-end engineering and design (pre-FEED) for the development of an onshore liquefied natural gas (LNG) plant and offshore gas-gathering infrastructure. more
SUDAN
Minister: southern pipeline does not make economic sense
Building a pipeline from South Sudan through Kenya would not make economic sense, Sudan’s new national petroleum minister, a leading southerner, has said. more
MOROCCO
All eyes on Akhannouch
The sale of the latest block of Royal Dutch Shell’s African distribution assets – of which the Anglo-Dutch major’s Moroccan network comprising 322 service stations is by far the biggest component – and speculation about a new round of downstream investment in the kingdom is driving speculation about the intentions of Berber entrepreneur turned politician Aziz Akhannouch. more
TANZANIA
Tanzania emerges as a diversified gas play
With Songas planning a major expansion of its domestic gas-to-power operation, BG assessing the potential of its Ophir farm-in and several other deals in the works, Tanzania’s gas industry is becoming an emerging force in East Africa. Critical questions now revolve around the extent of upstream reserves and the ability of regulatory structures and other local issues to support a bigger industry, writes Jon Marks more
GHANA
Tema thermal plant nears financial close as Ghana struggles with its gas policy
Financial close for the Gecad venture’s 126MW thermal plant at Tema is expected by the end of July, with commissioning envisaged for May 2011, developer Aldwych International’s project director Christian Wright told the Africa Energy Forum (AEF) in Basel on 30 June. more
POINTERS
COUNTRIES AND MARKETS
EGYPT: IFC invests in Egyptian Refining Company more