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Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

The office of Gabon's president is negotiating with Trafigura to take over the off-take agreement between Augusta and the national refinery company. [...]

Published on 06.07.2020 at 05:00 GMT Reading time 2 minutes

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Energy, Business

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Ali Bongo
Augusta
BNP Paribas
Bourbon
Christophe Salmon
Cobasa
Henri de Villeneuve
Ian Gyslain Ngoulou
Jacques de Chateauvieux
Legis and Partners
Mauritius Commercial Bank
Noureddin Bongo
Philippe Ledesma
Sealand Engineering
Societe Gabonaise de Raffinage
Société générale
Stéphane Placide
Trafigura

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Dubai-based Coral Energy has recently made an aggressive entrance on the oil trading market in several sub-Saharan African countries where competitors suspect it of reselling Russian products. Africa Intelligence lifts the veil on this little-known trader.

Subscribers only Energy 20.11.2023

From left to right: Coral's founder, Azerbaijani Tahir Garayev, his compatriot Ahmed Karimov and the head of the Rosneft group, Igor Setchine.

Nigeria
Mauritius Commercial Bank sets up a local branch to boost its oil sector financing business

Mauritius Commercial Bank (MCB) is hoping to open a representative office in Nigeria in the course of the next six months.

Subscribers only Finance, Business 09.03.2021

Gabon, Mauritius
The untold story of Augusta's prefinancing

Although it abruptly ended its off-take contract with Augusta in mid-2020, the Gabonese refinery has continued to reimburse the $250m prefinancing loan the trading house had secured for the country with Mauritius Commercial Bank in 2017.

Subscribers only Energy, Business 15.01.2021

Spotlight | Congo, Gabon
Trafigura's grand slam in Congo and Gabon

Trafigura, which recorded gross profit of $6.8bn in 2020, has consolidated its position in Gabon and in particular in Congo, where the giant trading group is now a key player in both the lifting of crude and in the importation of petroleum products.

Subscribers only Energy 13.01.2021

Africa
Dauphin heirs may manage Trafigura sale profits from Switzerland family office

In December, six years on from the death of Trafigura's founder, his family sold its last remaining shares in the trading giant. This was a major transaction for the clan, which manages its assets via a family office registered in Switzerland.

Subscribers only Business 08.01.2021

Gabon
Mini-reshuffle fails to bury hatchet between Massassa and Obamba

The replacement of four ministers in Christiane Rose Ossouka Raponda's government has done nothing to quell the infighting, especially between oil minister Vincent de Paul Massassa and head of the hydrocarbons division Jean-Félix Obamba.

Subscribers only Energy 10.12.2020

Gabon
The secrets of Augusta's SOGARA refinery contract

With a new round of negotiations between Gabon and oil trader Augusta due to begin in the coming weeks, Africa Intelligence reveals the secrets of the contract between the trader and the Gabonese refinery SOGARA, which Libreville abruptly broke off in June.

Subscribers only Energy, Business 25.09.2020

Mauritius
Trading giant Trafigura expands Mauritian network

Trafigura, the Singapore-based oil and metals trading giant, opened Gogh Energy Trading in Mauritius on 28 August.

Subscribers only Business 15.09.2020

Gabon, UAE
Secret talks with Augusta in Dubai

Following its sudden decision to cut off ties with oil trader August last month, the Gabonese president's office has dispatched emissaries to negotiate the final settlement.

Subscribers only Energy, Business 21.07.2020

Gabon
Libreville tries to play off Trafigura against Augusta

Having broken off its contract with Swiss trading group Augusta, which had been lifting part of the production of its refinery operator, Société Gabonaise de Raffinage, Gabon is now trying to find a replacement.

Subscribers only Energy 26.06.2020

SOGARA refinery in Port Gentil. The contract to lift the company's atmospheric residues is up for bids.

Gabon
Bongo clan takes back control of the country's sovereign fund

After having been headed for 10 years by Serge Mickoto, the husband of President Ali Bongo's step-sister, Gabon's sovereign fund has been taken over by a close associate of Mohamed Ali Saliou, best friend of the president's son and closest adviser, Noureddin Bongo.

Subscribers only Finance 22.04.2020

Gabon
Apollinaire Alassa takes over as OPRAG boss

Appointed on 31 January as the head of the Office des ports et rades du Gabon, 54-year-old Apollinare Alassa has [...]

Subscribers only Politics 05.02.2020

Spotlight | Gabon
How Ali Bongo staged his comeback

Above and beyond the announcement of a government reshuffle, the purpose of the two speeches given by Ali Bongo on 8 June was to demonstrate that he was once again in full possession of his faculties, eight months after suffering [.

Subscribers only Politics 12.06.2019

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Ali Bongo
Augusta
BNP Paribas
Bourbon
Christophe Salmon
Cobasa
Henri de Villeneuve
Ian Gyslain Ngoulou
Jacques de Chateauvieux
Legis and Partners
Mauritius Commercial Bank
Noureddin Bongo
Philippe Ledesma
Sealand Engineering
Societe Gabonaise de Raffinage
Société générale
Stéphane Placide
Trafigura

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Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

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create a free account

Set up email notifications for these topics

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Nigeria
Mauritius Commercial Bank sets up a local branch to boost its oil sector financing business

Gabon, Mauritius
The untold story of Augusta's prefinancing

Spotlight | Congo, Gabon
Trafigura's grand slam in Congo and Gabon

Africa
Dauphin heirs may manage Trafigura sale profits from Switzerland family office

Gabon
Mini-reshuffle fails to bury hatchet between Massassa and Obamba

Gabon
The secrets of Augusta's SOGARA refinery contract

Mauritius
Trading giant Trafigura expands Mauritian network

Gabon, UAE
Secret talks with Augusta in Dubai

Gabon
Libreville tries to play off Trafigura against Augusta

Gabon
Bongo clan takes back control of the country's sovereign fund

Gabon
Apollinaire Alassa takes over as OPRAG boss

Spotlight | Gabon
How Ali Bongo staged his comeback

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Guinea Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC Dan Gertler's billions of dollars in royalties at heart of huge legal battle

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Gabon, Mauritius Bongo aides talk turkey with Trafigura after Augusta ouster

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

In Focus | Africa From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Nigeria Mauritius Commercial Bank sets up a local branch to boost its oil sector financing business

Gabon, Mauritius The untold story of Augusta's prefinancing

Spotlight | Congo, Gabon Trafigura's grand slam in Congo and Gabon

Africa Dauphin heirs may manage Trafigura sale profits from Switzerland family office

Gabon Mini-reshuffle fails to bury hatchet between Massassa and Obamba

Gabon The secrets of Augusta's SOGARA refinery contract

Mauritius Trading giant Trafigura expands Mauritian network

Gabon, UAE Secret talks with Augusta in Dubai

Gabon Libreville tries to play off Trafigura against Augusta

Gabon Bongo clan takes back control of the country's sovereign fund

Gabon Apollinaire Alassa takes over as OPRAG boss

Spotlight | Gabon How Ali Bongo staged his comeback

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Guinea
Behind the scenes of Mamadi Doumbouya's offensive on Russian miner Nordgold

DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Gabon, Mauritius
Bongo aides talk turkey with Trafigura after Augusta ouster

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Nigeria
Mauritius Commercial Bank sets up a local branch to boost its oil sector financing business

Gabon, Mauritius
The untold story of Augusta's prefinancing

Spotlight | Congo, Gabon
Trafigura's grand slam in Congo and Gabon

Africa
Dauphin heirs may manage Trafigura sale profits from Switzerland family office

Gabon
Mini-reshuffle fails to bury hatchet between Massassa and Obamba

Gabon
The secrets of Augusta's SOGARA refinery contract

Mauritius
Trading giant Trafigura expands Mauritian network

Gabon, UAE
Secret talks with Augusta in Dubai

Gabon
Libreville tries to play off Trafigura against Augusta

Gabon
Bongo clan takes back control of the country's sovereign fund

Gabon
Apollinaire Alassa takes over as OPRAG boss

Spotlight | Gabon
How Ali Bongo staged his comeback