DMEA - Downstream Middle East & Africa
Tanzania’s Energy Minister January Makamba said on Tuesday (May 10) that the government was preparing to make TZS100bn ($43mn) in extra funding available to mitigate the economic impact of rising fuel prices.
US-based Kosmos Energy said on Tuesday (May 9) that work on the Greater Tortue/Ahmeyim (GTA) project is more than three quarters complete.
Ghana’s Minister of Public Enterprises Joseph Cudjoe has said that the government is starting to receive proposals from potential strategic investors in Tema Oil Refinery (TOR).
The governments of Uganda and Tanzania have signed a memorandum of understanding (MoU) that will help establish security arrangements for the East Africa Crude Oil Pipeline (EACOP).
The Dangote Petroleum Refinery, a project under construction in the Lekki Free Zone near Lagos, Nigeria, is being built to meet the new Euro-5 Premium Motor Spirit petrol standard.
Meanwhile, President Akufo-Addo has indicated that efforts are being made by the government to rehabilitate TOR to enable it to contribute to stabilising prices.
The case of Spanish-Moroccan-Algerian tensions over the GME pipeline demonstrates that if the EU wants Africa’s gas, it may also have to confront regional tensions and disputes.