Four international contractors are interested in providing Egypt with a third floating storage and regasification unit (FSRU) following the launching of a tender in June. According to a Ministry official, the firms include Hoegh of Norway, U.S-based Excelerate Energy, and Norwegian gas shipping company BW Gas. The fourth company was not disclosed. Once a net energy exporter, Egypt started...

In Egypt, the Petroleum Minister Tarek El-Molla (photo) has said that the petroleum sector is presently carrying out new refining projects with investments estimated at $7.7 billion. According to El-Molla, the ministry is devoted to the schedules and time of delivering and operating the projects. He added that the petroleum sector is implementing a broad strategy that will address the...

The Nigerian National Petroleum Corporation (NNPC) has revealed that the country’s current untapped gas potential stands at 600 trillion Cubic Feet. According to the Group Executive Director/Chief Operating Officer, Gas and Power Companies, NNPC, Saidu Mohammed (photo), Nigeria has a huge economic potential and currently the 9th largest proven gas reserves in the world. He said in spite of...

Sasol Ltd. aims to boost the capacity of its processing facility in Temane, Mozambique to meet the growing regional demand for the country’s gas. According to the senior vice president of Sasol’s exploration and production unit, John Sichinga, Sasol will increase the facility’s capacity by about 8% to 197 million gigajoules by 2017.“There’s no shortage of demand. There’s a power pool...

Angola's liquefied natural gas (LNG) export plant is currently facing a setback in the boosting of output and shipping of cargoes. The plant was shut down in April 2014 after construction mistakes and difficulty in controlling feed gas deliveries.  Efforts have been made to restart the plant in January this year. Trade sources said they had been informed by Angola LNG that first cargo will...

Afrox, Linde Group, Renergen Limited, and its subsidiary TETRA 4 (Pty) Limited have entered into what is termed as an historic deal for the commercialization of the Helium and Natural Gas field in South Africa. The 187 000 hectare field in Virginia, near Welkom, contains proven reserves of 25 Bcf of natural gas and helium, and is the first and only onshore petroleum right in South Africa...

Niger’s sole refinery, Soraz has resumed operations after it was shut down due to a strike over working conditions and pay, a union official revealed. The strike which hindered the delivery of oil products from the plant for three days began last week Wednesday and ended during the weekend. The Soraz refinery, is a joint venture between China National Petroleum Corp (CNPC) and the Niger...

The Nigeria LNG Limited (NLNG), plans to add another train to its six existing trains at its base on Bonny Island, Nigeria. The new train, when combined to the current six and a seventh train that had been on hold for more than 10 years, it will make the total number of trains at the NLNG plant increase to 8. According to the Managing Director of the NLNG, Bab Omotowa (photo), the new Train 8...

Angolan Oil Minister Botelho de Vasconcelos has said that Angola LNG, is expected to resume production by June 2016. The minister disclosed this in Beijing at the invitation of the Chinese People’s Association for Friendship with Foreign Countries. He reiterated that the country’s natural gas processing was postponed in April 2014 because of a gas pipeline failure. Angola LNG had announced...

The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu has declared that the country’s four refineries will need between $300 million to $500 million to work efficiently. The minister disclosed this at a meeting with the joint House of Representatives Committee on Gas Resources, Petroleum (Downstream and Upstream) and Local Content. He...