The National Oil Corporation (NOC) in Libya has announced that an agreement has been made by rival forces to let a tanker berth at Zueitina port to load oil and transport it the Al-Zawiya refinery. This is due to concerns of a possible clash between the Petroleum Facilities Guard (PFG) and forces loyal to eastern commander Khalifa Haftar. The PFG had signed a deal with the U.N.-backed...

The Arab Petroleum Pipelines Company (SUMED) has signed a contract with the National Bank of Egypt to acquire loan worth $100 million to fund the Phase 1 of the construction of a pier and a center for the trade and storage of oil products in Ain Sokhna. According to SUMED Chairman and CEO Mohamed Abdel Hafez, the aim of the project is to receive, store and transport fuel oil (mazot) for...

Oil exports has resumed at the eastern libyan terminal of Hariga following the suspension of a pay protest by guards, but production at the Sarir oil field will remain on hold, officials revealed. According to Port director, Yassin Ahmed, a Maltese-flagged tanker had docked at Hariga after the oil export port reopened and was loading 76,000 tons of crude. The Al-Hariga terminal has an export...

In Nigeria, the Department of Petroleum Resources (DPR) has announced that the country’s gas reserves have increased from 186 trillion standard cubic feet to 190 trillion standard cubic feet. According to the Director of the DPR, Mordecai Ladan, who was represented by Assistant Director, Domestic Gas, DPR, Chioma Njoku, the updated statistics on the new national gas reserves revealed that the...

As part of efforts to increase the distribution of fuel in Nigeria, Delmar Petroleum Company Limited has begun the construction of a $200 million terminal and jetty situated at Itak Idim Nne Ekpe, Ibeno Local Council Area of Akwa Ibom State. According to the Chairman and Group Managing Director of Delmar Group of companies, Austin Atimoh Odili, the petroleum Terminal and Jetty includes the...

In South Africa, Sunrise Energy is currently constructing a liquid petroleum gas (LPG) terminal and import infrastructure in Saldanha Bay, in the Western Cape, to ease the shortfall of LPG and meet possible future needs for gas-fired power plants as well as other industrial energy requirements. The project, which is worth R1.2-billion, is designed to import LPG from tanker ships berthed at a...

Amec Foster Wheeler has been granted a project management consultancy contract by NIRAS to support the Kenyan Ports Authority’s offshore relocation and expansion of the Kipevu Oil Terminal (KOT) in Mombasa, Kenya. The Kipevu Oil Terminal is to be moved to a site near to the Mombasa port berth 16 and 17 in Mtongwe. The scope of work on the project includes the decommissioning of the current...

Rosneft on Tuesday revealed that it is considering the possibility of constructing an oil and gas terminal in Egypt's Suez Canal Economic Zone. According to the Russian trade envoy to Egypt, Fedor Lukashin, preparations are ongoing between Rosneft and Suez economic zone authorities to meet and discuss on the hydrocarbon terminal project. “Currently, the proposal to build a...

The fuel scarcity situation in Nigeria is expected to worsen especially in Lagos as technical faults have made the Satelite Depot to shut down. The depot which shut down over the weekend has affected efforts to distribute fuel in Lagos. “As I speak with you now, the depot is not functional, it broke down a few days ago worsening distribution efforts of marketers,” Alamu Ayo, Chairman...

In Nigeria, NIPCO Plc, has announced that it has enlarged its storage capacity to improve efforts at meeting the needs of stakeholders at all times. According to the Managing Director of NIPCO Plc, Venkataraman Venkatapathy (photo), the new storage facility has the capacity to store 34 million litres of petroleum products. He noted that the added storage, has now increased the company’s...