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REPUBLIC OF CONGO: Brazilians push for biofuels projects; EGYPT: USTDA grant for petrochems; MOROCCO: Samir financing

Officials at this month’s gas master plan roadshows emphasised how well positioned Nigeria was in terms of gas export potential. “Regionally, we are positioning ourselves very strongly and recently started

Oilinvest Group’s new chief executive Isam Zanati has sought to dampen speculation that the state-owned group is looking for a new strategic investor for Tamoil.

Engineering services company Willbros Group has agreed to pay $32.3m to settle US investigations into the payment of bribes to officials in Nigeria and Ecuador in violation of the Foreign Corrupt Practices Act.

Nigerian energy officials have taken important steps to move forward key policy goals, despite reports of delays and in-fighting across the Yar’Adua administration.

The government is hoping a compromise proposal can end a dispute over ownership of the Mombasa refinery and allow a badly-needed upgrade to go ahead.

Nigerian National Petroleum Corporation (NNPC) general manager for refinery projects Sola Alabi has said Nigeria plans to introduce legislation to oblige international oil companies to refine a part of their crude production in the country.

An ExxonMobil-led consortium is putting together a huge project financing for a proposed liquefied natural gas scheme in PNG. Encouragingly for other emerging economies, despite the turmoil in global financial markets the sponsors of PNG LNG are confident they can raise an estimated $9.9bn in debt finance.

Nigeria is to hold roadshows in Abuja, London and Singapore to publicise investment opportunities from the Gas Master Plan approved by president Umaru Musa Yar’Adua in February (AE 134/4).

Algeria has started selling liquefied natural gas directly in Spain, bypassing local distributors and using its own subsidiary.

The race for a stake in the Abu Qir gas field, plans for a second LNG train at Damietta and fresh investment from Italy show that Petroleum Minister Sameh Fahmy’s willingness to negotiate higher prices for gas sold locally has won Egypt renewed favour with IOCs – but the price to pay is a growing subsidies bill, writes Nadine Marroushi.

Sonatrach has signed engineering, procurement and construction contracts for the construction of two fertiliser plants in the Arzew industrial zone.

Following its partnership with Petroleum Company of Trinidad and Tobago (Petrotrin), New York-based World GTL is looking to work with national oil companies (NOCs) across Africa to build and operate gas-to-liquids (GTL) facilities.

The deals signed during President Vladimir Putin’s working visit to Libya, discussed below in African Energy view, said much about the fast-evolving shape of global gas markets and strategy, in a similar vein to Gazprom’s interest in Nigerian operations and the planned Trans-Saharan Gas Pipeline (TSGP) to Algeria (AE 135/1).

Global Energy is planning to plant castor as the first stage of a project to produce non-edible oil for the biodiesel industry. The Mozambique government has signed an agreement with Oilmoz to build a 350,000 b/d oil refinery. Sasol has selected Foster Wheeler South Africa to carry out a pre-feasibility study for the proposed Project Mafutha coal-to-liquids (CTL) facility .