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	Africa Energy Intelligence /Latest Issue

N°469 Paris,  30/07/2008 Next issue on September 4 Subscribe  | Country Channels Philippe Vasset ALGERIA Editor in Chief Sonatrach: Strategy of Permanent Conflict Like all state-owned companies which have grown all-powerful with the increase in the oil price and dwindling opportunities, Sonatrach has emerged as a particularly tough negotiator, prepared to cancel contracts if its objectives aren’t met and drag its partners before arbitration courts. (...)   [614 words]  [$8,2]       GUINEA Battle for an Island    Four companies -  Summa Energy , Roxwell , Terralliance and RusAl  - are all fighting for ownership of the island of Kito located in the Koba region and bursting with oil pote (...)  [175 words]  [$4,7]     NIGERIA Bonga Audit Apparently Scrapped    Matters are straightening out between Shell and Nigeria. The first sign: the NNPC has apparently dropped its idea of auditing the development costs of the Bonga field.  (...)  [418 words]    SUDAN CNPC Takes Its Precautions    In a bid to reduce some of the international pressure on it, China’s national oil company is going to park its most controversial assets in an independent entity.  (...)  [239 words]  [$4,7] NIGERIA/SAO TOME AND PRINCIPE Arbitrage on Block 4    A London arbitration panel has awarded an additional 7.2% to Addax on block 4 in the Joint Development Zone (JDZ) between Nigeria and Sao Tome.  (...)  [203 words]  [$4,7] Libreville    Discovery for Maurel  [62 words]  [$1,5] Malabo    New Find for Noble  [100 words]  [$1,5] Windhoek    Universal Power Fleshes Out in Portfolio  [94 words]  [$1,5] Freetown    Elixir Completes Seismics Survey  [44 words]  [FREE] TUNISIA Aussi Consortium Seeks Acreage    The Australian concerns Audax, Kairiki and Nexus are on a buying spree in Tunisia.  (...)  [231 words]  [$4,7] ALGERIA A New Private Investor    Among companies pre-qualified for a new licensing round in Algeria figures a private Algerian group with no oil industry experience.  (...)  [248 words]  [$4,7] NAMIBIA Talks Stalled on Kudu    A currency problem is holding up negotiations on developing the Kudu gas field.  (...)  [153 words]  [$4,7] MOZAMBIQUE Artumas Seeks a Partner    Artumas, which has just published the first results of a study on the gas potential of its Rovuma block, is seeking to rope in a partner to finance a number of wells.  (...)  [216 words]  [$4,7] CAMEROON A Family Affair    Debuting in the Logbaba area by buying out the stakes of the Grynberg family, Britain’s Bramlin is now working to develop the block’s gas potential.  (...)  [249 words]  [$4,7] NIGERIA Suntera in Tie with Gazprom    The Indian-Russian group Suntera , a joint venture between India’s Sun Group and the Russian gas trader Itera , is continuing to invest in African gas despite the departure of its team of specialists on the continent led by Steve Lowden .  (...)  [244 words]  [$4,7] TOGO Green Light for Lome Power Plant    The Overseas Private Investment Corporation has given a go-ahead for a power plant to be built by the U.S. firm Contour Global in Lome.  (...)  [278 words]  [$4,7] LIBERIA In Hopes of Seeing the Light    Liberia is counting on rehabilitating its main dam to put paid to a severe shortfall in power capacity.  (...)  [194 words]  [$4,7] N’Djamena    Eufor Contract for Aggreko  [60 words]  [$1,5] Lusaka    Zesco Resumes Deliveries to SAPP  [123 words]  [$1,5] AFRICA Double Whammy for MWH    The American engineering firm MWH has just won two major contracts in a row for hydro power projects in Africa.  (...)  [270 words]  [$4,7] SOMALIA Liban Muse Bogor    Nephew of the president of Puntland, Mohamud Muse Hersi “Adde” , Liban Muse Bogor has resigned from the board of directors of the Australian concern Range Resources .  (...)  [229 words]  [$4,7]   MAURITANIA Baba A. Ould Sidi Mohamed    A former minister of ex-Mauritanian president Maaouiya Ould Taya , who is a close relative, Baba Ahmed Ould Sidi Mohamed was named oil and mines minister on July 15in the new government of Yahya Ould Ahmed Yaghef .  (...)  [139 words]  [$4,7]   GHANA Felix Owusu Adjapong    Ghanaian president John Kufuor has proceeded with a limited cabinet re-shuffle. Energy minister Joseph Kafi Adda stepped aside in favor of Felix Owusu Adjapong .  (...)  [94 words]  [$4,7] EQUATORIAL GUINEA Marcelino Owono Edu    The key portfolio for mines, industry and energy in the new Equatorial government formed by Ignacio Milam Tang , the country’s former envoy to Spain, went to Marcelino Owono Edu .  (...)  [102 words]  [$4,7] LIBYA NOC  [88 words]  [$1,5] BENIN SBEE  [104 words]  [$1,5]   MOZAMBIQUE Petroleos de Mocambique  [53 words]  [$1,5]   TUNISIA ETAP  [67 words]  [$1,5] TANZANIA Zanzibar’s Change of Heart    Although Tanzania’s central government and the authorities on the island of Zanzibar appeared in May to have reached an agreement on the share-out of oil revenue (AEI 464) the question  (...)  [133 words]  [$1,5]   GABON Progress on Boundary Talks    Officials from Gabon and Equatorial Guinea said after two days of talks at the United Nations in Geneva that they had made major headway in their talks on resolving the border conflict  (...)  [198 words]  [$1,5]   GERMANY/ALGERIA Merkel’s Visit to Algiers    German chancellor Angela Merkel paid an official visit to Algeria between July 16-17.  (...)  [256 words]  [$1,5] NORTH AFRICA New Oil Union    A number of North African unions working in the energy sector are currently talking about setting up a federation of North African unions which would be an extension of the Federation  (...)  [110 words]  [$1,5] BAHRAIN PFC Energy  [127 words]  [$1,5]   SOUTH AFRICA New Resolution Geophysics  [94 words]  [$1,5]   UNITED KINGDOM Fugro NPA  [106 words]  [$1,5] SOUTH AFRICA Eskom Revises Funding Plan    To finance an investment plan whose cost has shot from USD 20 billion to USD 45 billion, the South African utility Eskom will have to turn largely abroad for finance.  (...)  [150 words]  [$1,5]   UNITED KINGDOM Afren Cuts Back Debt    In paying a premium, Afren persuaded all holders of debt on its group to convert their bonds into shares.  (...)  [151 words]  [$1,5]   NORTH AFRICA EIB Loan for Medgaz    The European Investment Bank is putting together the paperwork for a EUR 500 million loan to the firm Medgaz SA .  (...)  [204 words]  [$1,5] UNITED KINGDOM/ANGOLA Huge Loan for LNG Plan    Africa Energy Intelligence understands that Sonangol Finance , an affiliate of Angola’s Sonangol , has retained Britain’s Standard Chartered Bank to syndicate a USD 2.  (...)  [191 words]  [$1,5] Garoowe Mahmud Ali Salah  [83 words]  [$1,5]   Djakarta Chakib Khelil  [133 words]  [$1,5]

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