Africa | Egypt Oil & Gas - Part 17

Tanzania, Kenya to Build Electricity Line

Tanzania has secured $258.82m from the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA) for a 400 kilovolt (kV) high voltage electricity line to connect its national power grid to ...

Africa to Import 30m Tons of Gas by 2025

Africa could become a significant global market for imported liquefied natural gas (LNG) by 2025, with Egypt the main driver, as more countries eye gas-to-power projects, Reuters reported. Many African countries, part...

Ghana Exported Fuel to West Africa

Ghana’s Minister of Petroleum, Emmanuel Armah-Kofi Buah, stated that the state-owned Bulk Oil Storage and Transportation Company (BOST) has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, ...

China to Invest in Nigeria’s Oil, Gas

Nigeria expects to get as much as $4b in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end of October, Premium Times reported. The Minister of ...

Mozambique Awarded Seismic Contracts

Mozambique’s oil industry regulator, the Instituto Nacional de Petroleos (INP) awarded six contracts to companies to provide geophysical and geological data for oil and gas exploration blocks on and offshore Mozambiqu...

South Africa to Invest $3.7b in Gas-to-Power

South African energy official, Karen Breytenbach, said that the country will invest $3.7b at the ports of Richards Bay and Coega to build infrastructure for a gas-to-power program aimed at easing the country’s depende...

GNPC Received $500m LOC for Sankofa Gas

HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field, Reuters Reported. The b...

Total to Build LNG Terminal in Ivory Coast

Ivory Coast signed a partnership agreement to create a consortium headed by France’s Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by mid-2018, Reuters report...

BP to Buy LNG from Mozambique’s Area 4

UK’s British Petroleum (BP) has agreed to a 20-year deal with Italian Eni to buy liquefied natural gas (LNG) from a big new field off the coast of Mozambique, an important step in getting a long-delayed project off th...

Tanzania, Congo to Jointly Explore Lake Tanganyika

Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding for joint exploration and development of hydrocarbons in Lake Tanganyika, Reuters reported. Congo’s President, Joseph Kabila...

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