Featured
Issue 405 -
Egypt: US support for EMG pipeline
The US International Development Finance Corporation has agreed to provide $430m in insurance for Noble Energy’s project to restore the 90km East Mediterranean Gas (EMG) pipeline to transport gas from fields offshore Israel. The agreement was signed on 23 November at the...
Issue 405 -
Egypt
Issue 405 -
South Africa: JDA signed for gas imports
Total, South Africa’s Gigajoule Group and Matola Gas Company (MGC) signed a joint development agreement (JDA) on 27 November for a project to import LNG to Matola port to supply local and regional markets.The project involves a permanently moored floating storage and...
Issue 405 -
South Africa
Issue 405 -
Mozambique: AfDB funding for LNG scheme
The African Development Bank (AfDB) board on 26 November approved a long-term senior loan of $400m to support the Total-led Mozambique LNG project, which will monetise gas from Offshore Area 1. The AfDB said it was joining a global syndicate of commercial banks, development...
Issue 405 -
Mozambique
Issue 404 -
Angola’s refinery plans face challenges
Angola’s Ministry of Mineral Resources and Petroleum has laid out plans to increase oil refining capacity to 435,000 b/d by 2025 from just 75,000 b/d at present. State-owned Sonangol, whose entire board was unceremoniously sacked by President João Lourenço in May over its...
Issue 404 -
Angola
Issue 404 -
Algeria makes the right noises to IOCs but Sonatrach remains unstable
Algeria’s lower house of parliament on 14 November approved the long-awaited – but hotly contested – revised hydrocarbons law, in the run-up to a presidential election announced for 12 December by interim president Abdelkader Bensalah. IOCs welcome the changes but will proceed...
Issue 404 -
Algeria
Issue 403 -
Mauritania: Gas find could support third LNG hub
Kosmos Energy has announced a gas discovery with the Orca-1 exploration well in the BirAllah area offshore Mauritania. Kosmos said Orca and the earlier Marsouin-1 well had de-risked enough gas to support a third LNG hub in addition to Greater Tortue Ahmeyim (GTA) and Yakaar....
Issue 403 -
Mauritania
Issue 402 -
Rwanda: Dry port opens
DP World on 21 October formally inaugurated the Kigali Logistics Platform (KLP), a dry port facility which aims to process cargo for the region. The facility, which has been operational since September 2018, has capacity of 50,000 20-foot equivalent units.DP World said the KLP...
Issue 402 -
Rwanda
Consultancy
