N e w s

OVERVIEW OF UGANDA’S 60,000 BARREL REFINERY PROJECT

 The refinery project is the child of the National Oil and Gas Policy (2008) for Uganda (objective 4) which seeks to promote valuable utilisation of the country’s oil and gas resources through in-country refining of crude oil.   The project is guided by the a Refinery Development Programme (RDP) formulated by the Ministry of Energy and Mineral Development and is in line with the East African Regional Refineries Development.... Read more »

Posted on : Thursday , 10th March 2016

Uganda - Tanga Port Oil Pipeline Construction to Begin in August

Construction of the envisaged 4 billion US-dollar (about 8 trillion/-) pipeline to transport crude oil from Kabale in Uganda to Tanga Port is slated to commence in August, pending ongoing discussions between the two governments and investors.   The Managing Director of Tanzania Petroleum Development Corporation (TPDC), Dr James Mataragio, said the 24-inch conduit to cover 1,403 kilometres is expected to convey 200,000 barrels of crude oil.... Read more »

Posted on : Thursday , 10th March 2016

Tanzania, Uganda Agree Construction of New Oil Pipeline

Tanzania and Uganda have agreed to construct a 1,120km long oil pipeline, in a project estimated to create more than 15,000 jobs.   The agreement follows talks between the President of the United Republic of Tanzania, Mr John Pombe Magufuli and the President of the Republic of Uganda, Mr Yoweri Museveni, which were held on Tuesday evening in Arusha.   According to a statement issued by the Acting Director for Presidential.... Read more »

Posted on : Friday , 4th March 2016

SacOil Signs Agreement for Gas Pipeline From Mozambique to Gauteng

SacOil has signed a cooperation agreement that will result in the construction of an estimated $6bn, 2 600km, large-diameter pipeline to transport natural gas from Mozambique's Rovuma Basin to Gauteng.   Part of the consortium entering the deal with SacOil is the China Petroleum Pipeline Bureau, a Chinese and international pipeline construction company.   SacOil is a South African based independent African oil and gas company,.... Read more »

Posted on : Friday , 4th March 2016

Tanzania Discovers More Gas on Ruvu Basin

  Tanzania has made yet another discovery of natural gas reserves totalling 2.17 trillion cubic feet (tcf) along Ruvu Basin in Coast Region. The discovery has been made at a block operated by Dodsal Hydrocarbons and Power Tanzania Limited owned and chaired by UAE-based billionaire, Dr Rejan Kilachand.   It brings the sum of proven natural gas reserves to 57.27 tcf in both offshore and onshore wells. Officials of the company.... Read more »

Posted on : Friday , 26th February 2016

Oryx Builds LPG Liquefaction Plant in Tanzania

  Oryx Energies has commissioned the first LPG Cylinder liquefaction plant in Tanzania, a move that would boost supply of gas in the country.   According to the company's Country Director, Mr Nick McAleer, the plant represents an investment of 1.5bn/-and is part of the company's significant growth plans for bringing Oryx Gas to all parts of the country.   "Previously we used to send cylinders to Kenya for.... Read more »

Posted on : Friday , 26th February 2016

Eni gets approval for floating LNG Plant in Mozambique

 Italy's Eni said on Wednesday it has won approval from the Mozambique government to build its planned Coral floating liquefied natural gas plant.   The company, which aims to sell all the LNG from the plant to British oil company BP, is expected to make a final investment decision this year but has now overcome one of the biggest hurdles.   The pace of development of giant gas export schemes has slowed globally as liquefied.... Read more »

Posted on : Thursday , 25th February 2016

Kenya Among Most Promising Merger Markets in Africa

Kenya is among the most attractive target countries for merger and acquisition activity in Africa according to a new report by a business risk consultancy.   Control Risks also names South Africa and Nigeria as other top countries in the continent where investors want to put their money.   The report was produced after a survey that involved interviews with 100 merger and acquisition practitioners operating in.... Read more »

Posted on : Thursday , 25th February 2016

$1.9 billion to be invested in fertilizer plant by Tanzania Petroleum Development Corporation

The Tanzania Petroleum Development Corporation has announced that it will invest in a fertilizer plant to be set Kilwa division Lindi district German investors Ferostaal Industrial Project GmbH at a cost of $1.9 billion.   TPDC says it is the government’s plan to support companies investments in the extractive sector with the plant expected to produce 3850 tonnes of fertilizer daily.   TPDC Wellington HudsonAccording to TPDC.... Read more »

Posted on : Friday , 19th February 2016

Quantum Power to construct gas storage facility in Africa

 Quantum Power and Ghana National Petroleum Corporation (GNPC) have signed an agreement for the construction and operation of the Liquefied Natural Gas storage facility in Ghana. The facility will be constructed at Tema.   The Tema LNG project will receive, store, regasify and deliver, about 3.40 million tons of LNG per annum. The delivery will be equivalent to 500 million standard cubic feet of gas per day. The project will as well.... Read more »

Posted on : Monday , 15th February 2016

Tanzania plans to install 10,000 biogas plants by 2017

 Tanzania, along with the governments of Norway and the Netherlands, is planning to install 10,000 biogas plants by 2017 The biogas plants are environment-friendly and are expected to benefit a large number of rural communities in Tanzania. As part of the Tanzania Domestic Biogas Project (TDBP), aimed at benefiting rural communities in the country, these biogas plants will be designed, built and installed in various parts of.... Read more »

Posted on : Thursday , 4th February 2016

African Nation to connect 1.2 million homes with natural gas

 Egypt plans to connect 1.2 million homes with natural gas as in the Financial year 2016/2017, state owned corporation  Natural Gas Holding Company has said.   According to the state owned corporation Egyptian Natural Gas Holding Company (EGAS) they have already done preliminary studies that will enable them deliver the gas connection to the homes.   This is expected to be one of the biggest projects that will be carried.... Read more »

Posted on : Tuesday , 26th January 2016



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