DMEA - Downstream Middle East & Africa

Nigeria’s Forcados crude terminal to be repaired by next week

BP says GTA’s start date for gas production has been pushed back to Q1 2024

BP (UK) has postponed the start-up of natural gas production at the Greater Tortue/Ahmeyim (GTA) block, located offshore Mauritania and Senegal.

Mozambique LNG still negotiating costs with contracts, TotalEnergies CEO confirms

Patrick Pouyanne, the CEO of TotalEnergies, confirms that his company is still negotiating with contractors on construction costs for the Mozambique LNG project.

Nigeria's Tinubu says scrapping fuel subsidy has saved $1.32bn

In June, Tinubu put an end to the subsidy that kept prices of petrol artificially low, at the expense of government coffers. Tinubu claims that Nigeria saved NGN1trillion ($1.32bn) in just over two months by removing the subsidy.

Nigeria’s elimination of gasoline price subsidies causing problems for European refiners

Nigeria’s appetite for gasoline imports has dropped significantly since the elimination of domestic fuel price subsidies in late May, and European refiners are suffering as a consequence.

Clock ticking for possible disruption of Libya’s oil exports

Military leader Khalifa Haftar, whose eastern-based Libyan National Army controls two-thirds of the country, including five of its nine export terminals, has threatened to bring exports to a halt unless he gets up to 90% of Libya's oil revenues.

NMDPRA rolls out set of four new ESG regulations for oil and gas industry

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled four new regulations addressing ESG (environmental, social and governance) issues in the petroleum industry.

DMEA: Iraq, Lebanon to renew existing oil deal

More delays looming for Mozambique LNG?

Saipem’s predictions of a July restart for Mozambique LNG have not borne fruit due to the difficulty of resolving cost disputes with TotalEnergies

$14bn Saudi-funded refinery deal on the cards for hard-up Pakistan

Reports from Pakistan indicate that an official announcement is expected very soon on the construction of a Saudi funded oil refinery capable of processing 350,000 to 450,000 barrels per day of crude oil.

Egyptian firm TAQA Arabia to study Tanzania’s natural gas market

State-owned Tanzania Petroleum Development Corporation (TPDC) has awarded Egyptian company TAQA Arabia a contract to undertake a feasibility study aimed at increasing domestic use of natural gas in the coast city of Dar es Salaam.

South African petrochemical multinational, Sasol, commissions $760mn gas production facility in Mozambique

UAE, Japan to increase joint co-operation in clean energy

The UAE and Japan have agreed to improve co-operation in various joint initiatives involving hydrogen production, low-emission blue ammonia and emissions-reducing technologies during Japanese Prime Minister Fumio Kishida's visit to the region.