South Africa | Egypt Oil & Gas - Part 8
Iran in Talks with Shell over Oil Supply to South Africa
Iran will provide oil needed for some Shell refineries in South Africa once an agreement has been made, National Iranian Oil Company’s (NIOC) International Affairs Director, Mohsen Qamsari, said, announcing that...
South Africa Tests Resilience of its Power System
Eskom, the South African electricity public utility, informed that the resilience of the power system in the country was stress tested following multiple trips of units at three power stations resulting in a loss of 3...
South Africa’s Transnet Gets 23% Pipeline Tariff Increase
South Africa’s national energy regulator, Nersa, said it had granted a logistics utility company, Transnet, a 23% tariff increase on its inland petroleum pipeline system, according to Reuters. Transnet had appli...
South African Sasol Records 24% Profit Decline
South African petrochemicals company Sasol said its earnings in the first-half of the current fiscal year dropped by 24% amid low oil prices and the company will cut its interim dividend by almost 19% , Reuters report...
South African Investors Compete over Mozambican Gas Pipelines
South African investors seek to construct two gas pipelines for the transportation of Mozambican gas to the country, Interfax Energy reported. South African SacOil has signed a cooperation agreement with Chinese and M...
Mozambique Launches $200m Gas-Fired Power Plant
Mozambique launched a $200m gas-fired power plant in the southern Ressano Garcia region near the border with South Africa, adding 120 MW to the grid, Reuters reported. According to the Mozambican President, Filipe Nyu...
South Africa’s Eskom Concludes Coal Supply Agreements
South Africa’s Eskom concluded new short-term coal supply agreements valid until April 2016 to use coal from Glencore, South32, and five other suppliers for its Arnot power station, Reuters reported citing Eskom... South Africa’s Sasol Develops Mozambique’s Oil, Gas Fields
South Africa’s Sasol has obtained permission to drill for appraisal at an area adjacent to its Pande and Temane gas fields in Mozambique, the company stated without disclosing further details. The fields will be...
