Tanzania has deals for a consortium of oil companies to start construction of the $30bn liquefied natural gas (LNG) project in 2022.The liquefied natural gas processing plant will be based in the Lindi region. Regulatory barriers have delayed construction of an LNG export terminal near offshore natural gas discoveries to the south of the country. In March, the government declared that it planned to complete negotiations with a group of.... Read more »

Posted on : Monday , 24th June 2019

conveyance of crude oil from the South Lokichar basin by truck is expected to normalize following the permit of regulatory confirmation from Energy and Petroleum Regulatory Authority (EPRA) (Formerly Energy Regulatory Commission) allowing the Amosing momentary production facility to be fully operational.   EPRA has granted the necessary licenses in early May allowing the commissioning of the early production facility (EPF) installed by.... Read more »

Posted on : Friday , 21st June 2019

NewAGE has discovered 1.6 trillion cubic feet of natural gas in a locality called Elkuran. The company has made the discovery near the site where the Chinse Poly GCL has started test gas production a year ago. Currently the Adigala and Ogaden blocks in Ethiopia are being operated by NewAge. Guang Tutlam (MD), the State Minister of Ethiopia’s Ministry of Mines and Petroleum. “We are now working on the gas commercialization and.... Read more »

Posted on : Thursday , 30th May 2019

The East African Community (EAC) summons for extended support from Canada, one of the leading development partners to Africa. The community is specifically pressing for assistance in the infrastructure and trade sectors to help it gain its intergrated agenda. Mr. Liberat Mfumukeko, the secretary general said, "There is an urgent need to upscale the EAC-Canada relations as well as Canada's support". He made the call when he met the.... Read more »

Posted on : Saturday , 11th May 2019

Endowed with untapped diverse energy sources including biomass, natural gas, hydropower, coal, geothermal, solar and wind power which are found in abundance in Tanzania. Out of the total energy supply Wood-fuel accounts for up to 92% hydro-electricity amounts for 2% and 7% is derived from oil products. The downstream oil industry is an important sector to the country’s economy that absorbs 55% of the country’s foreign exchange.... Read more »

Posted on : Wednesday , 1st May 2019

The opportunities lying in the oil and gas sector want to be utilized notes the Ministry of Petroleum and Mining, as Kenya looks to commercialize production of petroleum in 2021 with export already planned and scheduled for the year 2023. While only 10,000 square kilometers of its 85,000 square kilometers of oil and gas basin has been explored .i.e. only 12 %  found in the country has been revealed by the Kenyan government. If the reserves.... Read more »

Posted on : Thursday , 25th April 2019

OPEC is confident that the Dangote Oil Refinery will be serving to drive world crude oil refining capacity raise especially in Africa by 2020.   In the current edition of its World Oil Outlook (WOO), the Organisation said that the Dangote refinery, which is the first privately owned and functioned refinery in Nigeria, will refine 6,50,000 crude oil barrels per day at installed capacity. Currently, total world oil production in 2019.... Read more »

Posted on : Thursday , 25th April 2019

Due to end months of haggling between the governments and oil companies, the UK will host arbitration talks in case of disputes arising out of the East African crude oil pipeline project. During a technocrats meeting held in Kampala in January, arbitration was one of the issues that were deferred Should any dispute arise, the arbitration will be done in London. Tanzania had said that it would host the arbitration, but the other partners.... Read more »

Posted on : Wednesday , 24th April 2019

Tanzania has become one of the most promising East African hydrocarbons markets on the back of large gas discoveries off the country’s eastern coast. In 2014 when operations were launched at two onshore gas fields, Tanzania began producing natural gas. At Songo Songo and Mnazi Bay. In 2018 Tanzania produced 870 mcm (30.7 bcf) of natural gas, According to Eni’s World Oil & Gas Review, all of which was consumed domestically..... Read more »

Posted on : Friday , 12th April 2019

Discovery of oil and gas reserves provides significant opportunities of development for Kenya and other countries. Being conscious that production and exploration and production carry quite a few health and environmental risks, The Kenyan government is keen to put in the necessary safeguards. Being the largest greenhouse gas emitters the Oil and Gas industry are one of the largest emitters particularly of methane, which is more harmful than.... Read more »

Posted on : Thursday , 4th April 2019

South Sudan's ambassador to Ethiopia and the African Union, James Morgan, voiced that with his country enjoying relative peace after almost five years of civil war, South Sudan has turned its sights on reviving its oil sector.    Despite the ongoing efforts to increase non-oil revenues, South Sudan depends on oil production to finance more than 90 percent of its fiscal expenditure.   Morgan informed Xinhua that with the.... Read more »

Posted on : Tuesday , 2nd April 2019

Uncertainty over US waivers for investors of oil from Iran is commencing to grip the market again, under very different circumstances than when American sanctions were set to go into effect in 2018.   Before existing exemptions were granted, traders in Saudi Arabia were forecasting $100 oil, and Donald Trump was looking forward to a decrease in fuel rates ahead of US midterm elections. The waivers blindsided the market, which had assumed.... Read more »

Posted on : Tuesday , 26th March 2019