AfrOil - Africa Oil & Gas
Refinery closures are likely to make South Africa more dependent on petroleum product imports in the near term, according to Citac, a UK-based consultancy that monitors Africa’s downstream sector.
Construction sites for onshore facilities related to a large-scale LNG project are a focal point of the campaign by Islamist insurgents to seize control of Mozambique’s northern Cabo Delgado Province, according to a Verisk Maplecroft analyst.
Companies and countries alike are taking steps forward with various oil and gas plans, though some continue to tread carefully in uncertain market conditions.
Australia’s FAR Ltd has pushed the date of a shareholders meeting to discuss the planned sale of a stake in RSSD, the joint venture that aims to develop the Sangomar oilfield offshore Senegal, back from January 21 to February 18.
Senegal’s Oil Minister Sophie Gladima revealed last week that investors in the Grand Tortue/Ahmeyim (GTA) project had pushed the start date for natural gas production back to 2023.
Industry observers are keen to see the Nigeria's PIB passed soon – and are also coming forward with criticism of the bill now under discussion.
Nigeria is reportedly ready to uphold new disclosure requirements set by the Extractive Industries Transparency Initiative (EITI) that took effect on January 1, 2021.