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Western governments are determined to interdict the Indian-flagged tanker containing a cargo of Libya crude sold to an Emirati buyer by the Cyrenaica-based parallel management of National Oil Corporation (NOC). On 27 April, the vessel was located in waters south-east of Malta, having been turned back by the authorities in Valletta the previous day. Failure to prevent it from unloading the cargo and completing the transaction in defiance of a United Nations Security Council resolution banning unauthorised crude exports would destroy the credibility of the Tripoli-based Government of National Accord (GNA).

Libya
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Zimbabwe Energy Regulatory Authority (Zera) confirmed in early June that the beleaguered Zimbabwe Electricity Distribution Company (ZETDC) has applied for a tariff review for 2017, citing increases in the cost of power production. Zera acting chief executive Misheck Siyakatshana said a decision on the tariff review would have to wait until an audit of the utility’s operations and structures by Deloitte & Touche is completed. ZETDC is the transmission and distribution subsidiary of Zesa Holdings.

Zimbabwe
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The influential central committee of the ruling Patriotic Front (PF) party has called on the Ministry of Energy to resolve an impasse over talks to extend an agreement that allows Copperbelt Energy Corporation (CEC) to buy power in bulk from Zesco for resale to mining companies.“The central committee (of the PF) directed the Ministry of Energy to amicably resolve the impasse between the two institutions. As you might be aware, CEC is single bulk buyer of power from Zesco.

Zambia
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In the midst of a financial crisis that threatens its very existence, the European Union is focusing on another critical issue for long-term survival, that of securing its energy future. Algeria could be key to this process, but formal agreement remains elusive

Algeria
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A Nigerian court has ordered the seizure of $40m worth of jewellery and a customised gold iPhone belonging to former oil minister Diezani Alison-Madueke, the Economic and Financial Crimes Commission (EFCC) said on 5 July. A list of items published by the court included 419 bangles, 315 rings and 189 wristwatches.

Nigeria
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Plans for a joint venture between leading Cairo-based private equity company Citadel Capital and Qatar Islamic Bank-backed investment company QInvest to build regasification facilities and import gas for Egypt’s domestic market have caused a degree of puzzlement in the industry. A 22 November statement from Citadel does not explain where the gas will come from or how the infrastructure and gas will be paid for. It says Citadel, QInvest and a group of Qatari investors will form a joint venture to “construct and own the facilities required to position a floating LNG storage and regasification unit (FSRU) at a location in Egypt to deliver natural gas to high-volume end-users”.

Egypt
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The government has passed legislation aimed at improving regulation and governance in the oil and gas sector, though the speed with which it was processed has been criticised by opposition MPs and civil society groups. The Petroleum Act was passed on 5 July, followed by the Oil & Gas Revenue Management Act and the Tanzania Extractive Industry (Transparency & Accountability) Act the following day. Opposition parties accused the ruling Chama Cha Mapinduzi party of pushing through the legislation without giving parliament time to adequately consider its contents.

Tanzania
Issue 240 - 04 October 2012

Backers line up for Lamu Corridor scheme

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Of all the assorted regional infrastructure projects jostling for supremacy in East Africa, the growing credibility of the Lamu Corridor project raises the possibility of a new East African power axis of Kenya and an emergent Ethiopia.

Kenya | South Sudan | Uganda | Ethiopia
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The New York-based International Centre for Settlement of Investment Disputes (ICSID) constituted a tribunal in March to hear the arbitration claim brought by Maersk Olie Algeriet against the Peoples’ Democratic Republic of Algeria.

Algeria
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Greenpeace activists gatecrashed the annual Oil & Money Conference dinner at London’s Grosvenor Hotel on 8 October to protest at IOCs’ role in climate change. The activists unfurled a banner reading “BP and Shell Climate Criminals” at the event, hosted by Energy Intelligence, where the Energy Executive of the Year award was due to pass from BP’s outgoing chief executive Bob Dudley, who is due to step down next year, to Royal Dutch Shell’s Ben van Beurden.

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There is a growing international effort to revitalise the Southern African Power Pool (SAPP) as a key element in getting cross-border projects with a big regional impact off the ground. The World Bank is preparing a project to facilitate priority energy projects in the SAPP region. And the US Power Africa initiative – which is gaining momentum across the continent – has also made building up regional pools a priority. It is putting transaction advisers – embedded specialist consultants – into the SAPP, East African Power Pool (EAPP) and West African Power Pool (WAPP).

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Algeria’s long-awaited hydrocarbons law revisions were finally approved by parliament on 21 January, five months after the law was adopted by the government and Council of Ministers. Some international oil executives gave them a cautious welcome, while others said the new terms were too little too late. The revised text was passed by an overwhelming majority of deputies, who voted to amend 58 articles and introduce nine new ones to Law 05-07.

Algeria
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A new blockade of Marsa al-Harigah port in eastern Libya by an armed group that has not been involved in previous disruptions has prevented tankers from loading crude and caused a sharp drop in exports, which had previously been running at about 360,000 b/d. The protesters, from a faction of the Petroleum Facilities Guard (PFG), are seeking payment of five months’ back wages rather than any major political concessions. But the action shows how easily production and exports can still be disrupted by relatively small groups.

Libya
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Has a new trend of co-operation replaced confrontation in the management of maritime borders in north-west Africa? Morocco and Spain are synchronising controversial exploration around the popular holiday destination of the Canary Islands, separating their interests by a ‘courtesy corridor’ inside which neither country can operate. Libya and Malta have also decided to jointly explore the disputed area of the Medina Bank. The Canaries archipelago could contain up to 1.4bn bbls of oil in fields capable of producing up to 140,000 b/d. The islands’ President Paulino Rivero has previously criticised Spanish central government plans to explore near Lanzarote and Fuerteventura as incompatible with tourism on the islands.

Morocco
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African Energy’s Atlas 2010 charts patterns of activity in key sectors of the continent’s energy industry in maps and analysis that give an overview of recent developments and look ahead to trends in 2010 and beyond. The project has been led by cartographer David Burles, news editor Thalia Griffiths and publishing director Nick Carn