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Philippe Vasset
INDIAN OCEAN Editor in Chief
Explorers betting on Mozambique channel
Hardly a week passes without ENI on block 4 and Anadarko on block 1 (which lies is closer to Mozambique’s coast) announcing the discovery of new gas reserves. Total reserves are now estimated at over 60 TCF. Convinced that neighboring countries like Madagascar and Comoros are going to become more attractive because of the finds, juniors are moving into the region in the hope of hitting the jackpot. (...)   [641 words]   [$11,2]
   
 
GUINEA
Investors sue Hyperdynamics
   Mines and geology minister Mohamed Lamine Fofana held a press conference in Conakry on March 23 to try to reassure investors in the Texan junior Hyperdynamics which has seen its share (...)
 [252 words]   [$7]
 
 
MALI
MLA puts back drilling by ENI
   Italy’s ENI and Sonatrach that own concessions in the Taoudenni basin, the most promising oil prospect in Mali, are facing long delays in working on their concessions.  (...)  [382 words]   FREE
 
CONGO-K
Soco keeps plugging away
   The company must continue to deal with Congo-K’s environment minister, whose political future is uncertain but who has the backing of the international community.  (...)  [333 words]   [$7]
SOMALIA
Puntland’s offshore up for grabs
   Production sharing contracts are expected to be awarded by mid-July in the territorial waters of the breakaway province.  (...)  [274 words]   [$7]

Nouakchott    Chariot finally gets foot in door in West Africa
 [97 words]   [$2,1]
Libreville    Bowleven waves goodbye
 [87 words]   [$2,1]
Nairobi    Addis Ababa to benefit from Tullow find
 [84 words]   [$2,1]
ALGERIA
Success a must for oil auction
   Put off since 2010, Algeria’s next licensing round will have to be successful. The country has become less and less attractive to foreign groups and its output is in free fall.  (...)  [292 words]   [$7]

NIGERIA
Accra desperately short of gas
   While waiting for gas from the Jubilee field to come on stream, the authorities in Ghana have no other alternative than to negotiate an increase in supply from Nigeria. There’s no saying they will succeed.  (...)  [274 words]   [$7]
IVORY COAST
Geogas’ tightens near-monopoly
   The Swiss company Geogas is the big winner from the construction of a new gas terminal in Abidjan by Petro Ivoire, its well-connected local partner.  (...)  [268 words]   [$7]

Maputo    South Koreans seek bigger stake
 [76 words]   [$2,1]
NIGERIA
Brass LNG vs Nigeria LNG
   The Nigerian National Petroleum Corporation (NNPC) recently informed its partners that the final investment decision (FID) on Brass LNG and on the 7th train of Nigeria LNG (NLNG) will be made in the last quarter of this year.  (...)  [321 words]   [$7]

CONGO-K
Over-estimating Grand Inga?
   South Africa is organizing a workshop on the Grand Inga dam in May. It could result in a downward revision of the potential of the dam that Pretoria hopes will supply the country.  (...)  [307 words]   [$7]
SOUTH SUDAN
Ethiopia to supply Juba
   Aware that it can’t afford to invest in highly expensive power projects for the moment, South Sudan is seeking to buy electricity from Addis Ababa.  (...)  [270 words]   [$7]

Abuja    GE persists
 [63 words]   [$2,1]
GUINEA
World Bank in repair mode
   The World Bank is expected to approve a $18.3 million loan to Guinea’s power sector at the end of May.  (...)  [261 words]   [$7]

CENTRAL AFRICAN REPUBLIC
Sylvain Ndoutingai
   According to our sources, Sylvain Ndoutingai, finance minister of Central African Republic, completed talks last week with Andrea Brown, boss of DIG Oil (a South African company previously known as Divine Inspiration) on the firm’s acquisition of block C in CAR (AEI 672).  (...)  [156 words]   [$7]
 
NIGER
Adolf Gbaguidi
   A cabinet meeting chaired by Niger president Mohamedou Issoufou on March 30 gave rise to an overhaul in the oil ministry headed by Pierre Fumakoye Gado.  (...)  [154 words]   [$7]
 
LIBERIA
Robert Sirleaf
   Re-elected for a new term in office in December, Liberia’s president, Ellen Johnson Sirleaf, named her son Richard Sirleaf as president of the national oil company NOCAL in late March.  (...)  [102 words]   [$7]
SENEGAL
Aly Ngouille Ndiaye
   Senegal’s new mines and energy minister, Aly Ngouille Ndiaye, was one of strongest backers of the country’s freshly-elected president Macky Sall in the Djolof region in northwest Senegal through his Mouvement pour la Renaissance du Djolof.  (...)  [172 words]   [$7]

MAURITANIA
SMH
 [70 words]   [$2,1]
 
CHAD
SHT
 [113 words]   [$2,1]
 
ANGOLA
Sonangol
 [121 words]   [$2,1]

SOUTH AFRICA/IRAN
Pretoria boxed in by Tehran
   Despite unyielding pressure from the United States to stop importing Iran’s crude oil, South Africa hasn’t yet found an alternative.  (...)  [208 words]   [$2,1]
UGANDA
Tighter security on Lake Albert
   Uganda’s top police officer, general Kale Kayihura, has been in talks over the past few weeks with officials from companies that began operating only recently in Uganda, namely France’s  (...)  [191 words]   [$2,1]
 
GABON
Mbanie, the unending talks
   Deliberations on the fate of Mbanie islet that’s claimed by both Gabon and Equatorial Guinea have multiplied in recent months.  (...)  [158 words]   [$2,1]
 
NIGER
Zinder: crucial accords in sight
   According to our sources, the latest board meeting of Societe de Raffinerie de Zinder (SORAZ) between CNPC and ministers from Niger was held in Beijing last week.  (...)  [155 words]   [$2,1]

CONGO-K
Heenan Blaikie
 [104 words]   [$2,1]
 
AFRICA
JP Morgan Cazenove
 [102 words]   [$2,1]
 
CHAD
Canaccord Genuity
 [92 words]   [$2,1]

IVORY COAST
IFC steps up for Azito
   The International Finance Corp., the private investment arm of the World Bank, is expected on May 17 to approve a loan worth $135 million for Globeleq and IPS.  (...)  [236 words]   [$2,1]
NIGERIA
Outcome on PPMC debt?
   A program by Standard Chartered Bank to put together a $1.  (...)  [149 words]   [$2,1]
 
NIGERIA
Setback for Russian on OPL 245
   Russian lawyer Ednan Agaev, who had demanded $65 million in commission from former Nigerian oil minister Dan Etete for facilitating the sale of the latter’s huge OPL 245 block, suffered  (...)  [182 words]   [$2,1]
 
LIBYA
SEC Investigates Total
   Several European oil companies listed in the United States have been contacted by the Securities & Exchange Commission (SEC), the Wall Street watchdog, in connection with an investigation  (...)  [150 words]   [$2,1]

Juba
Amarendra Khatua
 [90 words]   [$2,1]
 
Brazzaville
Carlos Liumba
 [63 words]   [$2,1]
 
Luanda
Francisco Maria Lemos dos Santos
 [75 words]   [$2,1]
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