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Exploration & Production

Kenya’s Lamu Basin similar to Mozambique finds

The Lamu Basin in Kenya has similar geological characteristics to the huge offshore finds made in Mozambique, a senior petroleum geologist at the Kenyan Ministry of Energy has told Interfax.

13 November 2012
Companies & Finance

Total CEO quiet on Sinopec Nigerian block purchase report

Total’s chief executive would not deny a report that the company was in talks to sell $2.4 billion worth of assets in Nigeria to China's Sinopec, when pressed by reporters at an energy conference in Abu Dhabi this weekend.

12 November 2012
LNG

Egypt woes could affect Chilean cargoes – BG

BG Group has warned Endesa and Chilean state-owned ENAP that there may not be as many LNG cargoes delivered to Chile as they were expecting because of problems with Egyptian production.

8 November 2012
Policy & Regulation

Ghana learns the Norwegian way

Norway is helping Ghana through the bureaucratic jungle that sprouts around an oil boom.

6 November 2012
Policy & Regulation

Tanzania: domestic market is top priority

The first draft of Tanzania’s long-awaited gas policy document shows an emphasis on the domestic market. Should investors in the big offshore LNG export projects be worried?

6 November 2012
Companies & Finance

Development agencies close financing for Ivory Coast power project

A group of international financing agencies have reached financial close on a $450 million deal to expand the Azito gas-fired power station project in Ivory Coast.

2 November 2012
Policy & Regulation

Ghana likely to place power before politics

Ghana’s need for more power capacity makes it unlikely that a new government will slow down development by seeking a radical overhaul of deals with China.

30 October 2012
LNG

NLNG disruption to squeeze European market - Barclays

The disruption to Nigerian LNG cargoes caused by flooding and theft will put further pressure on an already tight European market, analysts at Barclays Capital said in a research note on Monday.

29 October 2012
Companies & Finance

View from the ground: the Niger Delta

Interfax speaks to Adrian Tomlinson, an experienced programme delivery leader, about the challenges of delivering energy infrastructure projects in the Niger Delta, Sierra Leone and Tanzania – Africa’s most risky regions.

29 October 2012
LNG

LNG prices at Spainish ports up

Prices for LNG cargoes arriving in Spanish ports have edged marginally higher over the course of the month, in part as a result of Royal Dutch Shell’s force majeure at Nigeria’s LNG export facility.

24 October 2012
LNG

Eni latest company to declare force majeure in Nigeria

Eni is the latest oil company to declare force majeure on part of its operations in Nigeria, joining Royal Dutch Shell and Total in announcing disruption to supplies, including to the Nigeria LNG plant.

24 October 2012
Pipelines, Storage & Power

Extra capacity storing up problems for Songas

Tanzanian gas-to-power producer Songas has concerns about the long-term implications of a boost in processing capacity at its facilities as it attempts to keep up with the country’s growing demand for gas-fired electricity.

23 October 2012
Exploration & Production

Dana Gas makes new gas discovery in Nile Delta

Dana Gas has hit a new gas discovery in the Nile Delta in Egypt.

22 October 2012
Exploration & Production

Should Tanzania follow Songas’ lead?

The Tanzanian government needs to show the country’s vast gas reserves will benefit its own population, as well foreign investors. Increasing local access to power may be most effective way to do this in the short term.

19 October 2012
Policy & Regulation

Tanzania urged to act now before gas money starts flowing

A multinational delegation urged the Tanzanian government to implement policy changes now before billions of dollars in development funding for gas projects starts pouring into the country.

19 October 2012
Policy & Regulation

Tanzanian govt to control find announcements

The Tanzanian government has announced that all new oil and gas finds will be publicly declared by the government, and not by investors or another party, Daily News reported on Thursday.

18 October 2012
Global Markets

Gas policy on agenda for multinational mission

A delegation from multinational institutions including the World Bank and the International Monetary Fund are touring Tanzania to consult on the formulation of policy for the gas industry.

18 October 2012
Exploration & Production

More Mozambique oil and gas exploration blocks to be auctioned next year

Mozambique will put out a tender for 12 oil and gas exploration blocks next year, a senior government representative told Interfax at a conference in India on Tuesday.

17 October 2012
Global Markets

Libya struggles to form government

The Libyan National Assembly appointed former diplomat Ali Zaidan as prime minister on Sunday in the latest attempt to set up a fully functioning central administration in the country.

16 October 2012
Exploration & Production

Exploration prompts Tanzania/Malawi border dispute - experts

Oil and gas exploration was likely the trigger for a territorial dispute between Tanzania and Malawi, analysts have told Interfax.

15 October 2012

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