DMEA - Downstream Middle East & Africa
The Nigeria National Petroleum Company Ltd (NNPC) has increased spending on the Ajaokuta-Abuja-Kano (AKK) and Obiafu-Obrikom-Oben (OB-3) gas pipelines to allow for higher domestic gas consumption.
The Abuja-Kaduna-Kano gas pipeline project in Nigeria has stalled due to financiers pulling out of the project, local media report.
Russia’s state gas giant Gazprom announced this week that it will establish a unit in the Middle East, though it failed to provide further details.
The Nigeria Extractive Industries Transparency Initiative (NEITI) last week reported that the country had missed out on NGN29.3 trillion ($63bn) owing to crude oil theft and fuel subsidies over a 16-year period.
Iraq’s state oil marketer SOMO announced last week that a new memorandum of understanding would be signed for the resumption of crude supplies to the Jordanian Petroleum Refinery Co. (JPRC).
Iran and Venezuela this week signed a memorandum of understanding on gas, oil and petrochemical co-operation as the two countries continue strengthening ties.
China’s Wison Offshore and Marine has won a contract to provide procurement services for the builder of an onshore LNG plant in Nigeria’s Akwa Ibom State, Upstream Online has said.
Methanex Egypt and the Suez Methanol Derivatives (SMD) Company have signed an agreement to develop the infrastructure for the supply of methanol from Methanex Egypt’s plant to the neighbouring SMD project in Damietta.
The Iraqi Federal government and the Kurdistan Regional Government (KRG) have taken a significant step towards resuming northern oil exports from the Turkish port of Ceyhan to international markets.
Morocco’s gas imports from Spain through the Maghreb-Europe pipeline surged significantly to 820 GW by end-March 2023 from 60 GW in June last year, Spanish news outlet The Objective reported.
The National Iranian Oil Co. is soon to complete the first phase of the NGL 3200 project, a major stride towards the collection of associated gases.
BGC, the operator of a planned LNG import terminal in Mozambique, said late last week that it was seeking an owners engineer to supervise EPC activities for its project.
Russia has boosted its gasoline exports by nearly 50% year on year in the first quarter, with most of the deliveries going to Africa, according to ship tracking data.
Giant South African carbon emitter Sasol to intensify its green ambitions, but critics are unconvinced
South Africa’s biggest polluter, Sasol, has recommitted to its net zero target by 2050, but indicated that its ability to meet the goal is dependent on profitability.
World Bank assistance funding will help Nigeria move to end its gasoline subsidy.
State-owned QatarEnergy this week signed a partnership deal with China Petrochemical Corp. (Sinopec) for the North Field East (NFE) expansion project.