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African oil explorers are rapidly revising budgets to take account of the latest market developments. Global oil demand is forecast to fall by 6m b/d in April as countries shut down in an attempt to control the spread of the Covid-19 pandemic. At the same time, the collapse of Opec production cuts means countries led by Saudi Arabia are increasing output to try to preserve market share. West Africa-focused Kosmos Energy said on 17 March it would reduce its planned 2020 capital expenditure by about a third, suspending the dividend and working with BP to defer Phase 1 spending on the Greater Tortue LNG project offshore Mauritania and Senegal.
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6 December 2022, online
This online roundtable will evaluate progress towards a Continental System Master Plan for transmission infrastructure and cross-border interconnections and consider the impact which this plan will have on African electricity supply industries.
The roundtable is part of the monthly AIX membership programme and will be chaired by African Energy's John Hamilton with contributions from guests.
The meeting is free for all AIX members and African Energy subscribers.