Featured
Issue 418 -
Algeria/Tunisia: Naturgy ‘can’t declare force majeure’ on contract
Sonatrach cannot consider coronavirus as an acceptable basis for Spanish gas buyer Naturgy Energy Group to lower prices and declare force majeure on its imports from Algeria, energy minister Mohamed Arkab told parliament’s finance and budget committee on 17 June. The official...
Issue 418 -
Algeria, Tunisia
Issue 418 -
Algeria/Tunisia: Gas sales extended to 2027
Following concessions on the pricing of Algerian gas taken by Tunisia through the Trans-Mediterranean Gas Pipeline, Sonatrach and Société Tunisienne d’Electricité et de Gaz (Steg) have agreed to renew their offtake agreement through to 2027, with a possible extension of the...
Issue 418 -
Algeria, Tunisia
Issue 417 -
Algeria takes majority Medgaz stake to secure Spanish market
Concerns are rising about Algeria’s ability to finance major projects from its fast-diminishing foreign reserves, but state energy giant Sonatrach continues to make strategic investments, on 30 May completing the purchase of 8.04% of the Medgaz pipeline company’s equity. The...
Issue 417 -
Algeria
Issue 416 -
Kenya: Oil marketers seek relief from sales losses
The government has turned down a request from oil marketers to adjust fuel prices to cushion their losses from sharply lower sales as drivers stay home amid the coronavirus lockdown. On 6 May, the Supply Coordination Committee, which groups 17 oil marketing companies based in...
Issue 416 -
Kenya
Issue 415 -
Equatorial Guinea: Gas contracts
The Ministry of Mines and Hydrocarbons and Noble Energy and Marathon Oil’s Atlantic Methanol Production Company have given US company Nexant a contract to carry out a feasibility study for the construction of a formaldehyde production plant in Punta Europa. The ministry, which...
Issue 415 -
Equatorial Guinea
Issue 415 -
Mozambique gas use studies under way
Two studies under way on regional gas usage and associated economic development for the Nepad Business Foundation (NBF) are scheduled to be completed in June.The NBF is working with the Southern African Develop-ment Community (SADC) Secretariat to develop the first phase of the...
Issue 415 -
Mozambique
Issue 414 -
South Africa’s PayGas plans expansion of LPG to serve low-income communities
Cape Town-based LPG retailer PayGas plans to open six new refilling stations in Cape Town’s low-income townships. The new stations had been planned for the end of May, though timelines are likely to be affected by the coronavirus pandemic. Chief executive and founder Philippe...
Issue 414 -
South Africa
Consultancy
