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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.

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 .

Germany’s RWE Dea has signed a gas sales agreement with Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (Egas) to deliver natural gas to the domestic market from its North Idku offshore concession in the Nile Delta.

London-based Invensys Process Systems has joined the local Engineering for the Petroleum & Process Industries (Enppi) and Egyptian Natural Gas Company (Gasco) in a joint venture to create Invensys Process System Egypt.

In an unusually frank interview by Libyan standards, National Oil Corporation (NOC) chairman Shokri Ghanem has told state-owned newspaper Al-Shams that petrol supply shortages were linked to excessive demand stimulated by heavily subsidised

Nigeria agreed to supply Ghana with 60,000 b/d of crude on a government-to-government basis, during talks in Abuja between President Umaru Musa Yar’Adua and his Ghanaian counterpart John Agyekum Kufuor.

IOCs and consumer governments are indulging in intense speculation about Gazprom’s Nigerian love-in, with indications that Moscow might also revive co-operation with Algeria and invest big in several other African gas plays.

Australia’s CityView Corporation says it has teamed up with “a

A flurry of deals, some confirmed some still speculative, suggests that a lengthy hiatus in the development of Libya’s downstream sector may have broken, writes John Hamilton.

President Jakaya Kikwete has given his support for plans by Artumas Group to export compressed natural gas to Kenya, signalling an apparent change of heart by the Tanzanian government.

A flurry of deals, some confirmed some still speculative, suggests that after years of false starts National Oil Corporation is now pushing refurbishment plans at its two main refineries and actively soliciting investments for new projects.

Vancouver-based Winfield Resources has been advocating projects across north-west Africa where few downstream players yet venture. So far, most of its …………………..

Sonatrach has secured a revised deal with Norway’s StatoilHydro that underlines the Algerian state company’s determination to build up a much greater international profile by working in tandem with IOC partners, with a 1 March agreement to extend a liquefied natural gas (LNG) supply accord and give it access to a US east coast regasification terminal.