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Africa Energy Intelligence /Archives

Archive n° 478 - 12/24/2008

Philippe Vasset

WEST AFRICA

Editor in Chief

Nigerian Gas Not for Everybody

After a flurry of delays due to the quality of Nigerian gas, the West African Gas Pipeline (WAGP) to supply Togo, Benin and Ghana was put into service in early December and will be officially inaugurated before the end of the year. (...) [664 words] [$9.5]

	MADAGASCAR
	Tsimiroro Soon Uneconomical?
	The U.S. firm Madagascar Oil said on Dec. 9 it had increased by 30% the estimate of reserves on its Tsimiroro field located in western Madagascar. (...) [205 words] [$5.4]


LIBYA
CNPC Woos Verenex
Shaken by the financial crisis, the Canadian firm Verenex is trying to attract companies interested in its Libyan positions. (...) [218 words] [FREE]


NAMIBIA
Key Petroleum Waves Goodbye
The Australian company has decided to pull out of Namibia without waiting for the government to confirm its contract for acreage. (...) [186 words] [$5.4]


MADAGASCAR
Can Sterling Go It Alone?
The British junior Sterling needs find oil in Madagascar to boost to its sagging share price. But it is having trouble finding the money to pay for its share in drilling a well. (...) [235 words] [$5.4]


Kampala New Reserves Around Lake Albert
[113 words] [$1.8]


Gabon Addax Shrugs Off Crisis
[181 words] [$1.8]


NIGERIA
Shell Fights for Its Property
The boss of Shell Nigeria, Ann Pickard, has launched new arbitrage proceedings against the Nigerian government. (...) [381 words] [$5.4]


AFRICA
Canamens Has Deep Pockets
Backed by two equity funds and advised by a former Total executive, Canamens Energy has made its debut in Africa by acquiring a license in Morocco. (...) [328 words] [$5.4]


LIBYA
Moscow-Rome-Tripoli Connection
Russia, Italy and Libya are now linked through a series of cross-holdings that resembles a state-run energy partnership. (...) [283 words] [$5.4]


ALGERIA
Russian Courtship Pays Off
After ardently wooing the Algerian authorities for three years, Russia’s Gazprom has finally landed a gas permit in the country. (...) [260 words] [$5.4]


Pretoria F-O to Produce Gas in 2011
[122 words] [$1.8]


Luanda USD 500 Million Del for Acergy
[76 words] [$1.8]


CAMEROON
The Skids Under Bowleven
This autumn the Scottish junior Bowleven loudly declared that its find on the IF-1r well on the Etinde offshore license in Cameroon could supply a gas liquefaction project. (...) [198 words] [$5.4]


CONGO-K
In the Running for Ruzizi Deal
Firms pre-qualified to help in restoring the Ruzizi 1 power plant submitted bids on Dec. 15. (...) [229 words] [$5.4]


ETHIOPIA/SUDAN
Iran in Interconnection Move
Iranian and Bosnian companies have been awarded a contract to connect the power grids of Ethiopia and Sudan. (...) [239 words] [$5.4]


Accra New Project for Gas-Fuelled Plant
[153 words] [$1.8]


Gaborone Chinese Will Build Huge Mmamabula Power Plant
[66 words] [$1.8]


UGANDA
A Real National Grid in Offing?
A USD 78 million loan approved by the African Development Bank's board will finance the installation of new transmission lines. (...) [225 words] [$5.4]


AFRICA
Jorn Berget
Jorn Berget is to replace Stuart Fysh as executive president and managing director for Africa, the Middle East and Asia for Britain’s BG Group. (...) [112 words] [$5.4]


NIGERIA
Nuhu Somo Wya
After several months of deliberations to form a new Nigerian government, a list of fresh appointments was finally issued on Dec. (...) [150 words] [$5.4]



ANGOLA
Francisco de Lemos J. Maria
Serving up to now as financial director of Sonangol, Francisco de Lemos Jose Maria has just joined the board of the national oil company in succession to Syanga Abilio. (...) [116 words] [$5.4]


AUSTRALIA
Melinda Cilento
The appointment of Melinda Cilento as non-executive director of Woodside’s board on Dec. 11 fills a position that had remained vacant since July when Jillian Broadbent retired. (...) [97 words] [$5.4]


NIGERIA
M. Sanusi Barkindo
The appointment of Rilwanu Lukman as energy minister can be expected to benefit his protégé at the Nigerian National Petroleum Corporation, Mohammed Sanusi Barkindo. (...) [70 words] [FREE]


NIGERIA
NNPC
[123 words] [$1.8]



ANGOLA
Sonair
[109 words] [$1.8]


ALGERIA
Sonatrach
[111 words] [$1.8]



	SUDAN
	Border Dispute over Abyei
	The legal battle to fix the border between north and south Sudan in the oil-producing region of Abyei has now landed before an International Court in The Hague. (...) [258 words] [$1.8]


	ANGOLA
	Luanda to Head OPEC
	Starting from next year, Angola’s oil minister, Jose Maria Botelho de Vasconcelos, will hold the rotating presidency of the Organization of Petroleum Exporting Countries. (...) [180 words] [$1.8]


	WEST AFRICA
	A regional Regulator
	On Dec. 19, member countries of the Community of West African States (ECOWAS) set up a regional regulatory body for electricity that will be based in Ghana. (...) [127 words] [$1.8]


	ALGERIA
	New Push for Gas OPEC?
	A conference of the forum of gas-exporting countries met in Moscow on Dec. (...) [133 words] [$1.8]


AFRICA
Africa & Middle East Capital
[89 words] [$1.8]



IVORY COAST
Van Meurs Corp.
[129 words] [$1.8]


CAMEROON/GHANA
Capital Energy
[99 words] [$1.8]


	MOZAMBIQUE
	HCB Buy-Out Completed
	Having already borrowed nearly USD 700 million last year to finance the acquisition of a 67% holding in Hidroelectrica Cahora Bassa (HCB), a company that operates a dam of the same (...) [147 words] [$1.8]


	TANZANIA
	Dominion Hit by Scandal
	A member of the board of Britain’s Dominion Petroleum since 2006, former Tanzanian energy minister Daniel Yona has been behind bars for a month on corruption charges. (...) [226 words] [$1.8]



	NIGERIA
	The Businessman-Minister
	The appointment of Rilwanu Lukman as petroleum resources minister in Nigeria on Dec. (...) [148 words] [$1.8]


	GHANA
	Cash Input for Jubilee
	The development of the Jubilee field in Ghana, a potential source of supply for the West African Gas Pipeline (see our report on Page 1), will get an extra push from the World Ban (...) [194 words] [$1.8]


Beijing
Jose Eduardo Dos Santos
[71 words] [$1.8]



Oran
Igor Sechin
[67 words] [$1.8]


London
Chakib Khelil
[81 words] [$1.8]

Archive n° 478 - 12/24/2008

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