African News

Sonatrach contracts CHEC for LNG terminal

Feb 1, 2019

The oil society Sonatrach Algerian has undersigned with the Chinese Lowers Harbour Engineering Company (CHEC) a contract EPC of the value of 52 billion dinari (383 million euros) for the planning and the construction of harbour infrastructures in the new harbour area called El-Djedid of the port of Skikda. The store clerk regards the construction…

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Algeria’s Sonelgaz to send electricity and gas bills by SMS

Jan 31, 2019

In Algeria, customers of the National Electricity and Gas Company (Sonelgaz) will soon receive their invoice by phone message (SMS). “An operation is underway to allow Sonelgaz customers to receive their invoice by SMS,” announced Mustapha Guitouni (photo), the Minister of Energy. This measure is part of the process of digitizing its operation, particularly as…

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Africa Center for Climate and Sustainable Development inaugurated in Rome

Jan 31, 2019

A major focus on boosting the agricultural sectors and promoting rural development in Africa is needed to ensure a better future for the continent’s youth who, if given the chance, can be the drivers of development, FAO Director-General José Graziano da Silva said today at the inauguration of the Africa Centre for Climate and Sustainable…

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Japan’s JOGMEC establishes SA office for natural resource development in Africa

Jan 31, 2019

Japan Oil, Gas and Metals National Corporation(JOGMEC) announced that it will establish an office in Johannesburg, Republic of South Africa, on February 1, 2019. It will be the 14th overseas office for JOGMEC. Africa is rich in available mineral resources that are expected to increase the demands with the growing use of electric vehicles, including…

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11 Egyptian oil and gas projects to bare fruit in 2019/2020 – Petroleum Ministry

Jan 31, 2019

The Ministry of Petroleum aims to operate and develop 11 projects for the production of gas and oil during the fiscal year 2019/20, in the deep water areas of the Mediterranean Sea, the Delta, the Gulf of Suez and the Western Desert. The projects are expected to add about 2.5bn cubic feet of gas per…

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Nedbank withdraws funding for new South African coal IPPs

Jan 31, 2019

Nedbank lived up to its slogan as the ‘green’ bank in its decision to withdraw its funding of two proposed new coal-fired power stations in South Africa, Thabametsi and Khanyisa. The decision fits with the banking group’s commitment to “green” funding, responsible lending and supporting sustainability initiatives. The bank says its initial proposal for funding…

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New firm receives concession to extract methane gas From Lake Kivu, Rwanda

Jan 31, 2019

Rwanda’s energy targets are set to get a boost following the government’s decision to provide a concession to a private investor to start production of methane gas from Lake Kivu. On Monday, a cabinet meeting chaired by President Paul Kagame approved the decision that allows Rwanda Development Board (RDB) to enter concession and implementation agreement…

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Brega sends fifth fuel and gas convoy south of Libya

Jan 31, 2019

Brega Oil Marketing Company sent its fifth fuel and gas convoy towards the cities of the south, in coordination with Libyan state-run oil and gas firm NOC. According to NOC, the convoy set off from Brega’s depot in Misurata with a load of 3 million liters of gasoline, one million liters of diesel, and around…

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Eskom likely to be unbundled into three entities

Jan 31, 2019

“Should Eskom be unbundled into generation, transmission and distribution, as is the worldwide practice? That is a debate we are going to have soon,” said public enterprises minister Pravin Gordhan on Tuesday. Gordhan stressed that the South African government will soon have to discuss whether to split up the state-owned power utility in order to…

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Sonangol exported over 92,200MT of crude-oil in Q4 2018

Jan 31, 2019

The state-owned National Fuel Society (Sonangol) exported in the last quarter of last year 92,211 metric tonnes of crude-oil, which yielded a revenue of just over 39.5 million dollars, announced on Tuesday the company’s Executive Commission head for international trade, Luís Manuel. Luís Manuel, who made an assessment of the earnings of the Ministry of…

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