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The Zambia Public Procurement Authority has selected Glencore Energy as the preferred bidder to supply 1.4m tonnes of petroleum feedstock over the next two years (AE 181/25).

Zambia
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Uncertainty over the regulatory framework has slowed oil and gas exploration for several years, but with new legislation in place the pace is finally picking up, writes Thalia Griffiths, recently in Johannesburg

South Africa
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The Brazzaville government has received some reward for the closure in 2008 of Congolaise de Trading (Cotrade), the controversial marketing arm of parastatal Société Nationale des Pétroles du Congo (SNPC) that was chaired by the president’s son, Denis-Christel Sassou Nguesso. Cotrade’s closure came after pressure from the International Monetary Fund and, on 28 January, the World Bank and IMF announced an agreement that will allow Republic of Congo to reduce its external debt by $1.9bn and benefit from the Heavily Indebted Poor Countries (HIPC) initiative.

Congo Brazzaville
Issue 181 - 26 February 2010

Sasol expands further in Mozambique

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Sasol Petroleum International is expanding gas production from Mozambique, where the central processing facility produces 300mcf/d from the Pande and Temane fields, and a $500m expansion is under way

Mozambique
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ANGOLA: Big tanker order for DSME; NIGERIA: KBR awarded contract for Eleme plant revamp; TUNISIA: IDB, Steg sign loan for gas supply project

Angola | Nigeria | Tunisia
Issue 181 - 26 February 2010

Platform Petroleum board members

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Professor Oluwafeyisola Sylvester Adegoke – the chairman is a former geology lecturer at Ife University who lives in retirement in the Ogudu government reserved area of Lagos.

Issue 181 - 26 February 2010

Tender scandal over fuel supply

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The latest chapter in the long-running saga of Zambia’s oil procurement and refining problems involves the selection of an international firm to supply and deliver 1.44m tonnes of commingled petroleum feedstock in cargo lots of 60,000-90,000 tonnes for the 2010/11 period.

Zambia
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Failure to resolve Tema Oil Refinery’s payment defaults is dragging down Ghana’s reputation as an African borrower of choice, and adds to the cost of oil imports, write Jon Marks and Kevin Godier

Ghana
Issue 181 - 26 February 2010

Bankers predict upturn in oil lending

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Oil sector financiers are anticipating another busy year, led by the need for new money in the hydrocarbons sectors in East and West Africa, writes Kevin Godier

Ghana | Egypt | Nigeria | Uganda | Gabon
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SUDAN: Khartoum refinery expansion deal this year; UGANDA: Foster Wheeler in refinery study

Sudan | Uganda
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Victoria Oil and Gas (VOG) announced an update on the passive seismic spectroscopy survey at its Logbaba gas and condensate project in Cameroon as African Energy went to press. VOG said it indicated a major

Cameroon
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Plans to remove or cut the duty on equipment and capital goods will boost projects, with several projects in the pipeline but needing support, writes John Hamilton

Egypt
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Total was forced to declare force majeure on shipments of Girassol crude from Block 14 after swordfish punctured an oil loading pipe.

Angola
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Two Egyptian refining projects expect to complete loan finance arrangements early this year, writes John Hamilton

Egypt
Issue 179 - 22 January 2010

Morocco needs to find more gas

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Some MD1,586m ($199m) was invested in hydrocarbons exploration in 2009, of which MD1,497m was spent by Office National des Hydrocarbures et des Mines (Onhym’)s partners, according to

Morocco