DMEA - Downstream Middle East & Africa
Riyadh condemns Iranian strike on Bahri tanker
Saudi Arabia has condemned an Iranian attack on one of its oil tankers in the Strait of Hormuz that killed two Filipino crew members
Mozambique-Zimbabwe break ground on Beira-Feruka pipeline expansion
Mozambique and Zimbabwe have broken ground on two new pumping stations that will increase capacity on the Beira-Feruka fuel pipeline by 67% to 5mn cubic metres a year by the end of 2027.
Gasgroup targets NGX listing, eyes expansion into refining, power generation, data centres
Gasgroup, a Nigerian energy-services business not currently listed on the NGX, plans to seek admission of its existing shares to the Main Board of the bourse as it pursues expansion into refining, gas infrastructure, and power generation.
Malawi-Mozambique power link completed, tariff talks underway
Construction of the long-awaited 400 kV Mozambique-Malawi electricity interconnector has been completed, with tariff and other commercial arrangements still to be finalised before power trading can begin, Malawi’s Ministry of Energy said.
Nigeria's Dangote considers petrol sales curbs for marketers that import fuel
Nigeria's Dangote Petroleum Refinery is considering restricting petrol sales to major marketers that also import fuel, escalating a dispute over the country's petrol import regime.
Baghdad’s northern gambit tests Kurdish patience
Confronted with restored Kurdish flows and a revived Kirkuk-Baniyas plan, Iraq is redrawing its export map even as Erbil presses Baghdad on pricing and volumes.
Asian diesel shipments to Africa hit at least 4.5-year high as Middle East supply slumps
Kenya Pipeline Company seals $725mn crude storage deal with Gulf Energy
Kenya Pipeline Company (NSE:KPC) has signed a 25-year crude oil storage and handling agreement with Gulf Energy E&P B.V. that could generate about ($725mn) in revenue, strengthening Mombasa’s role in Kenya’s planned oil exports
Sahara Power starts construction of $12mn gas-fired power plant in Lagos
Nigeria's Sahara Power Enterprise Group (SPEG) has started construction of a $12mn, 12MW gas-fired independent power plant (IPP) in Lagos, targeting completion in the first quarter of 2027.
IFC to vote on $42mn financing for BB Energy LPG expansion in DRC, South Africa, Zambia
IFC, the World Bank Group’s private-sector development institution, has proposed financing of up to $42mn for a $64mn liquefied petroleum gas expansion by family-owned global energy trader BB Energy.
Malawi fuel hauliers withdraw trucks after transport rate cuts
Malawian fuel transporters have withdrawn at least 100 trucks from contracts after the Malawi Energy Regulatory Authority (Mera) cut fuel haulage rates by up to about 20%, The Nation reported on August 27.
Nigeria’s Dangote says petrol imports may push more fuel to export markets
Dangote Petroleum Refinery said rising petrol imports were making Nigerian demand harder to forecast and could push more surplus fuel into export markets, as official data showed imports rose while domestic petrol supply and consumption fell sharply
Iran faces 14mn-litre daily petrol shortfall
Iran is running a daily petrol shortfall of about 14mn litres as the government retreats from a price rise towards rationing, with queues lengthening, imports blocked and a black market forming at filling stations.
US announces last-ditch sanctions on Iran
Iran and the US are looking for ways to end the war as the power of the Strait of Hormuz wanes and energy prices remain high.
80% of feedstock for Nigerian refineries now made up of domestic crude
Data from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) this week shows that Nigerian oil producers have supplied nearly 80% of the crude oil used as feedstock by domestic refineries this year.
Iran's Marun Petrochemical lifts five-month sales 45%
Nigeria's Atiku reaffirms targeted petrol subsidy plan, rejects aide's phase-out claim
African Democratic Congress presidential candidate Atiku Abubakar has reaffirmed plans to restore a targeted petrol subsidy if elected in 2027, saying the intervention would support domestic refining and lower living costs
Iran denies petrol shortage as queues grow longer
Ghana Gas shifts profits into infrastructure as expansion drive accelerates
Ghana Gas Company plans to reinvest earnings in infrastructure and expansion after improving profitability, as the state-owned gas company seeks to strengthen the reliability of fuel supplies to power plants and industry.
Follow us online