Africa | Egypt Oil & Gas - Part 11
BOA Injected $12m in Tanzania’s Oil, Gas
Bank of Africa Tanzania availing a total loan of $6.5m for the expansion of the Liquefied Petroleum Gas (LPG) terminal in Tanga.
Zambia, Angola to Resume Pipeline Talks
Zambia and Angola will resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper producer Zambia.
Nigeria Discovered Offshore Oil Field
ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria.
Kenya’s Crude Exports to Start in 2017
Kenya together with UK’s Tullow Oil, Africa Oil, and Maersk Oil will export 2,000 barrels of crude in January 2017 produced from five wells.
Nersa, Rompco Disagreed over Gas Tariff
The National Energy Regulator of South Africa (Nersa) did not approve the Republic of Mozambique Pipeline Company’s (Rompco) $3.59/gigajoule tariff for gas that will be transported to South Africa during 2017.
Shell Resumed Oil Exports from Forcados
Shell has resumed crude exports from the Forcados terminal in Nigeria's restive Niger Delta following repairs after a militant attack in early 2016.
Trafigura to Pay $10m for S. Sudan Oil
Trafigura has offered South Sudan an advance payment of $10m for November oil cargo.
Sonatrach to Invest in Sudan’s Oil, Gas
Algeria's Sonatrach Company has expressed a desire to invest in the field of oil and gas in Sudan.
