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Africa Energy Intelligence /
Latest Issue
N°668 - Paris,
01/02/2012
Philippe Vasset
ANGOLA
Editor in Chief
Dos Santos forced to share the cake
The ruling MPLA party won’t be in any danger of losing power in legislative elections at the end of this year but the day is fast approaching when Luanda will have to give others as bigger piece of Angola’s oil wealth.
(...)
[666 words]
[$11,2]
NIGERIA
Vultures fight over PPMC debt
A no-holds-barred fight could well be shaping up over the debt of Pipelines & Product Marketing Co. (PPMC) which holds the monopoly on imports of oil products in Nigeria and owes a
(...)
[168 words]
[$7]
AFRICA
Gunvor seeks to consolidate gains
Well-established in East Europe, the Russian-Swiss trading company is working at building up its business in Africa, and particularly in Ivory Coast and Gabon.
(...)
[304 words]
SOMALIA
Puntland a pro-active oil player
Two wells are to be drilled in the first half of this year in the breakaway province of Puntland, which also wants to lure ConocoPhilipps back to the territory.
(...)
[242 words]
[$7]
SUDAN
Billionaire in Red Sea deal
PetroTrans, already active in Ethiopia’s Ogaden area, has linked up with a Hong Kong billionaire to explore blocks that Khartoum is putting on sale.
(...)
[211 words]
[$7]
Niamey
Timis and friends in exploration bids
[120 words]
[$2,1]
Kinshasa
Total wins its exploration license
[68 words]
[$2,1]
CHAD
Why Deby closed down Djermaya
China’s CNPC and the government are attempting to resolve their many differences and secure the future of the Djermaya refinery. But there’s no saying they will succeed.
(...)
[439 words]
[$7]
IVORY COAST
Nigerians get the nod
Nigeria’s Taleveras has been awarded three highly promising blocks in Ivory Coast’s offshore just as PetroCI is about to begin working as an operator in its own right.
(...)
[274 words]
[$7]
SOUTH AFRICA/BOTSWANA
Sasol banks on coal bed methane
Sasol had to ditch its plan to explore for shale gas in South Africa but has launched itself into exploring for coal gas in Botswana.
(...)
[231 words]
[$7]
MOZAMBIQUE
Asians see major gas supplies
Seeking gas for their power stations, Asian companies are bidding to acquire shares in the British explorer Cove which has holdings in Mozambique’s offshore.
(...)
[202 words]
[$7]
Abuja
Gas pipeline projects remain unfunded
[167 words]
[$2,1]
Accra
Inhabitants demonstrate against gas plan
[78 words]
[$2,1]
MOZAMBIQUE
Fiscal terms could change
In a position to become a leading exporter of LNG in 10 years thanks to discoveries by Anadarko and ENI, Mozambique is going to take a fresh look at fiscal conditions in the sector with the help of the World Bank.
(...)
[226 words]
[$7]
CONGO-K
Inga 3 or Grand Inga: what choice?
A lot of circumstances, mainly technical, are working in favor of building a Grand Inga dam rather than Inga 3.
(...)
[401 words]
[$7]
CAMEROON
EIB less generous on Kribi project
The European Investment Bank is to lend €29.5 million instead of the €40 million that had been expected for the construction of the Kribi power plant.
(...)
[152 words]
[$7]
Kinshasa
Alstom to restore Inga II
[82 words]
[$2,1]
IVORY COAST
Alstom’s new consolation prize
The last delegation of France’s Alstom which visited Abidjan in January flew home with the promise of numerous contracts that can only console the group for its recent setback on Azito.
(...)
[292 words]
[$7]
AFRICA
Lisa Mitchell
The shakeup in the management of South Africa’s Ophir Energy is continuing following Alan Stein’s withdrawal chief executive officer. Ophir has just hired Lisa Mitchell as financial director.
(...)
[71 words]
[FREE]
NIGERIA/NETHERLANDS
Ebikabowei Victor Ben
One of the leaders of armed militants in the Niger Delta, Ebikabowei Victor Ben, who is better known under the pseudonym of Boyloaf, visited Rotterdam in late January to look at vocational training centers that will play host to militants taking advantage of an amnesty in 2009.
(...)
[188 words]
[$7]
NIGERIA
Udoma Udo Udoma
Hoping for better luck than her predecessor, Nigeria’s oil minister, Diezani Allison-Madueke, has given a Special Task Force until February 18 to examine differing versions of the Petroleum Industry Bill.
(...)
[155 words]
[$7]
AFRICA
Max de Vietri
Geologist Max de Vietri, who was the first to believe in the oil potential of Mauritania in the 1990s, has started up a new firm on the continent.
(...)
[150 words]
[$7]
ALGERIA
Sonatrach
[110 words]
[$2,1]
ANGOLA
Sonangol
[96 words]
[$2,1]
GHANA
GNPC
[120 words]
[$2,1]
SOUTH AFRICA/IRAN
Embargo to slam Pretoria
Out of the 420,000 bpd that South Africa’s economy needs each day for its refineries nearly 25% originates at present from Iran.
(...)
[172 words]
[$2,1]
SOUTH SUDAN
Juba turns off the tap
The €700 million in assistance the European Union has offered to Juba could hardly have come at a better moment.
(...)
[180 words]
[$2,1]
NIGERIA
Traders under the gun
Following a cut in gasoline subsidies on January 1 (a measure partly reversed on January 16), Nigerian president Goodluck Jonathan has decided to take on the people who benefit most
(...)
[164 words]
[$2,1]
NIGERIA
Cut in amnesty budget
The amount of money set aside for the amnesty of militants in the Niger Delta in Nigeria’s 2012 budget has been reduced to 74 billion nairas, or $458 million.
(...)
[212 words]
[$2,1]
IVORY COAST
LTL Strategies
[130 words]
[$2,1]
NIGERIA
Sada, Idris & Co.
[80 words]
[$2,1]
ALGERIA
Amarante
[95 words]
[$2,1]
TANZANIA
Bill for emergency power
The Tanzania Electricity Supply Co (Tanesco) has retained Citi in the U.
(...)
[190 words]
[$2,1]
NIGERIA
Loan sewn up for Satellite
Revealed by Africa Energy Intelligence, an international loan worth $1.5 billion for a joint venture between Nigerian National Petroleum Corporation (NNPC) and Exxon Mobil has been
(...)
[171 words]
[$2,1]
NIGERIA
End game for TSKJ
A court in Texas will hand down a sentence this week on two British nationals, Jeffrey Tesler and Wojciech Chodan, who pleaded guilty to helping the oil services companies KBR, Technip,
(...)
[137 words]
[$2,1]
IVORY COAST
IFC buys into Rialto
The private investment arm of the World Bank, International Finance Corp.
(...)
[200 words]
[$2,1]
Abuja
William Fitzgerald
[81 words]
[$2,1]
Abuja
Diezani Allison-Madueke
[77 words]
[$2,1]
Johannesburg
Jan Willem Eggink
[59 words]
[$2,1]
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