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German renewables developer CleanPower Generation has signed a financing agreement with Denmark’s Frontier Energy for the development of three on-grid solar PV projects totalling around 82MW.

Guinea
Issue 425 - 22 October 2020

Guinea awaits Condé win

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The final result could take days more, but leaks from initial counting suggested incumbent president Alpha Condé will win the 18 October election without a need for a second round, having polled far more heavily than his 11 opponents.

Guinea
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Guinea’s ruling party confirmed on 31 August that President Alpha Condé would stand for a third term in elections on 18 October. That the 82-year-old president made no personal announcement may reflect the controversial nature of his decision amid rising political tensions.

Guinea
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As he campaigns ahead of a controversial election on 18 October, President Alpha Condé can point to progress in improving services and infrastructure during his second four- year term. Many of Guinea’s estimated 12m-13m population remain mired in poverty; the World Bank put gross domestic product at around only $885 per head in 2018, with over one third of the population surviving on less than $1.90/day.

Guinea
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In the latest round in a long-running legal saga over a private power supplier contracted by Electricité de Guinée (EDG), the Abuja-based Ecowas Court of Justice has ordered the Guinean government to pay $47.5m in compensation to K Energie SA for violation of the company’s property rights in depriving it of the use of its assets. Delivering judgment on 9 July, the court also ordered the government to return all the assets of the company, including its offices and power production and distribution equipment.

Guinea
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While past attacks in the Gulf of Guinea often involved Nigerian militants targeting the oil industry, kidnapping is now the main threat as piracy shifts from politics to personal gain. The collapse in the oil price means illegal bunkering is no longer nearly as profitable and kidnapping is more lucrative as well as logistically easier than stealing oil or other cargo. Cyrus Mody of the International Maritime Bureau (IMB) told African Energy the Gulf of Guinea remained one of the world’s most dangerous regions for piracy.

Guinea
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The Agency for Rural Electrification (Ager) invites expressions of interest by 12 June from private contractors to develop a detailed proposal for the electrification of a dozen rural localities within the framework of the Guinea Electricity Access Scale Up Project.The localities will be electrified through hybrid systems composed of solar PV power plants with storage and diesel generators and mini-grids, and will be spread over a maximum of four zones to be finalised by Ager within the tender process.

Guinea
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Russia’s Nordgold Group has signed an engineering, procurement and construction agreement with China’s Sumec Group Corporation to design and construct a 33MW HFO power plant at its Lefa gold mine. The new power plant, which will replace an existing facility, will reduce fuel consumption for electricity production by 15% and engine oil consumption by 30%, resulting in a 17,000 t/yr reduction of greenhouse gas emissions, Nordgold announced on 20 April.

Guinea
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Electricité de Guinée has launched an international call for tenders for the study, installation, testing and commissioning of ten Cummins KTA50-G3 gensets in Kankan, the country’s second largest city in the region of Haute-Guinée. The deadline for bids is 25 May. Interested bidders can obtain tender documents by written request on payment of GNF2m ($210). Contact: Salifou Camara, Département Projets, EDG Building, 4th floor, office No 419, Cité Chemin de Fer, Conakry, Guinea. Email: salifou.camara@edg.com.gn.

Guinea
Issue 413 - 17 April 2020

Guinea: Total seeks offshore blocks

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President Alpha Condé on 13 March signed a decree approving the start of negotiations with Total to license offshore blocks A4 and C2. In October 2017, Total signed a technical evaluation agreement for a larger, 55,000km2 area of the offshore, of which the two blocks are part. PGS carried out a multi-client 3D seismic survey over blocks A4 and A5 in 2019.

Guinea
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The 105MW Karadeniz Powership Ibrahim Bey in Conakry harbour began supplying power to the city in mid February. Karpowership said it signed a one-year contract with Electricité de Guinée in December 2019.

Guinea
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PGS announced on 23 September that it had completed fast-track processing of 3D data from a multi-client survey offshore Guinea. The Ramform Atlas seismic survey vessel started operations in mid-February and acquired 3D seismic data over blocks A4 and A5. Time migration data will be ready in Q4 this year and will further enhance the imaging, PGS said.

Guinea
Issue 399 - 13 September 2019

Guinea: USTDA grant for LNG project

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The US Trade and Development Agency has agreed a grant for West Africa LNG Group Guinea SA to fund a feasibility study for an LNG import terminal and distribution network near Kamsar port in the Boké region. The study will be conducted by the United States’ Plum Energy LLC and will assess the economic, financial and technical viability of the project. The aim is to supply LNG or natural gas initially to bauxite producers and an industrial park to serve the industrial, mining and agro-processing sectors.

Guinea
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The government has approved a deal for private US company High Power Exploration (HPX) to acquire the 95% interest in the Nimba iron ore deposit held by BHP, Newmont Goldcorp and French nuclear power group Orano (the former Areva).HPX is run by Canadian mining magnate Robert Friedland and former Rio Tinto head of exploration Eric Finlayson. Two directors of Friedland’s Ivanhoe Mines, former South African president Kgalema Motlanthe and Belgian financier Guy de Selliers, will become co-chairs of the HPX subsidiary that will hold the Nimba asset and join the board of Société des Mines de Fer de Guinée (SMFG), the Guinean company operating the project.

Guinea
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As generators hum into action and power cuts intensify during the dry season, it seems hard to believe that providing electricity to the population in Conakry and other urban centres will be a major selling point when, as is widely expected, President Alpha Condé launches his campaign to win a third term in 2020. But the pace of recent generation and transmission projects supports the view of many Conakry residents that ‘power is coming’.

Guinea