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Energy and power development minister Zhemu Soda has removed the board of directors of state petroleum company PetroTrade for alleged malpractice, including recruiting senior staff without following company procedures.

Zimbabwe
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An imminent increase in pump prices is expected, with the Zambian government planning to reinstate value-added tax (VAT) and excise duty from 1 October in an effort to make prices more closely aligned with market realities.

Zambia
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Algeria underlined its commitment to supplying increased volumes of gas to Italy, when Sonatrach president director-general Toufik Hakkar said on 21 September that deliveries would rise by around 13% this year to 25.2bcm.

Algeria
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Parastatal Société Nationale de Raffinage (Sonara) has agreed to restructure its debt with Dutch energy and commodity trading house Vitol. Sonara is the sole importer of refined products into Cameroon. It also has an 80% stake in, and operates the country’s only refinery, Limbe.

Cameroon
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Island nations Seychelles, Mauritius and Comoros are assessing initiatives to encourage more private investment in renewable energy, according to a World Bank Group (WBG) report published on 20 September.

Mauritius | Seychelles | Comoros
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Mozambique’s first liquefied natural gas (LNG) exports are expected to be dispatched “on or around” 14 October, shipping industry publication Trade Winds said on 21 September citing sources working with Eni’s Coral Sul 3.4m t/yr floating liquid natural gas (FLNG) plant. The Rome-headquartered supermajor is said to be moving towards ordering a second FLNG vessel.

Mozambique
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Zambia has, in the past 12 months – and with a new International Monetary Fund facility now in place – sought to reform petroleum trading, to help reduce the government’s liabilities, including some $500m in arrears to fuel suppliers, and ensure pump prices becomes more responsive to market dynamics.

Zambia
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Price hikes are expected to follow Zambia’s $1.3bn IMF bailout package, which should help to consolidate economic gains made in the last year. But further reform, including the divestment of state utility Zesco’s operating assets, is causing some trepidation among Zambians.

Zambia
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Recently dismissed National Oil Corporation chairman Mustafa Sanalla claims his successor Farhat Bengdara is planning a deal with UAE-based Al-Ghurair Group over the Ras Lanuf oil refinery that could end up costing NOC up to $600m/yr. For a decade, Al-Ghurair subsidiary Trasta Energy and NOC have been in a relentless dispute over the Libyan Emirati Refining Company (Lerco) joint venture – and the refinery hasn’t operated since 2013.

Libya
Issue 468 - 15 September 2022

Nigeria-Morocco Gas Pipeline MoUs signed

Subscriber

A memorandum of understanding (MoU) was signed on 15 September between Morocco’s Office National des Hydrocarbures et des Mines (Onhym), Nigerian National Petroleum Company (NNPC) and the Economic Community of West African States (Ecowas) to progress the 7,000km Nigeria-Morocco Gas Pipeline (NMGP) project.

Mauritania | Nigeria | Morocco | Senegal
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Progress has been reported on a $400m compressed natural gas (CNG) plant on the shores of Lake Kivu, at Bwishyura, in the Karongi district of Western Province. Methane gas from Lake Kivu will be converted into CNG, which will be used as a substitute for petrol and diesel fuel and liquid petroleum gas (LPG).

Rwanda
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According to energy minister January Makamba, the host government agreement (HGA) for the $30bn Lindi LNG project is expected to be completed by December.

Tanzania
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Eni’s Coral Sul floating liquefied natural gas (FLNG) platform will dispatch its first cargo “within a few days”, EU high representative Josep Borrell said on 8 September. The senior EU diplomat was talking in Maputo, where he also committed European backing to the Rwanda military mission to Mozambique.

Mozambique
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The Greater Tortue Ahmeyim (GTA) LNG project’s phase one remains on track for first exports by end-2023, with a Phase II development decision expected in Q3 22 for first gas from end-2026. Kosmos Energy says that in a booming global market, it is looking to sell its share of gas into spot markets, even if that means paying penalties to partner BP, writes Marc Howard.

Mauritania | Senegal
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Algeria's 4.5bcm/yr Touat gas processing plant is expected to resume production “shortly”, in Q3 2022, having been shut-in due to mechanical problems since last November. The unit “remained shut-in throughout the second quarter as repairs and clean-up operations continued”, operator Neptune Energy said in its 11 August Q2 22 results presentation.

Algeria