News / International
Dar Al Salam, Maputo Compete for Collecting Gas Investments
Tanzania and Mozambique are currently competing for investments to develop their existing gas fields. However, the Tanzania chances are at risk since Mozambique has thrice the amount of natural gas resources and is directly competing with the same investors.
Kuwait’s Oil Field, Leakage But No Fire
Kuwait Oil Company reported it contained an oil leak during drilling at Al-Ahmadi oil Field, located in the rich OPEC member state.
Iran Plans to Seal Long-Term Oil Sales with Europe
Director for International Affairs of NIOC said that Iran is working on a program that helps convert its spot oil purchase contracts with European partners into long-term agreements.
Moroccan Gas Output Slashes Following an Earthquake
A recent earth quack in northern Morocco, near the town of Kenitra, resulted in the closure of a pipeline used to transport natural gas from its Sebou field.
Nigeria Resumes Paying Former Militants in Niger Delta
Nigeria's government has resumed cash payments for former militants in the Niger Delta, in order to end a wave of militant attacks on oil and gas facilities .
Libya Starts Repair at Es Sider Oil Port
Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities.
Tanzania to Invest $30b in Lindi Gas Plant
The Tanzanian government is planning to invest at least $30b in developing a gas processing plant in the Lindi region to boost the country's economic recovery.
