N e w s

East Africa Oil Boom

 East Africa is the new oil and gas frontier. Recent discoveries of commercially viable deposits in the last few years in Tanzania, Kenya, Mozambique, and Uganda among others have sparked excitement and equal concern in the region. The potential of oil and gas exports have currently prompted an economic boom that could last for the next few decades, or at least until the tap runs dry. But the talk of prosperity is softened by the typical.... Read more »

Posted on : Wednesday , 27th August 2014

Nigeria: Govt Borrows N300 Billion for Electricity Transmission

 The federal government has borrowed a total of $1.9bn (N300 billion), as part of electricity transmission expansion capacity.   The funding came from various sources as part of the target to meet the 20,000mw transmission capacity in the year 2020, records indicated.   Daily Trust gathered that so far $4 billion (N647.6bn) was generated by government out of the $16 billion (N2.6 trillion) target to achieve the 20,000.... Read more »

Posted on : Wednesday , 27th August 2014

Kenya: East Africa Spectre Seeks Clearance for LPG Factory

 A company linked to the Odinga family plans to set up an LPG filling and oil depot at Nairobi's Embakasi area as demand for cooking gas rises.   Demand for the liquefied petroleum gas in the country is expected to increase steadily and several firms in the oil and gas industry have recently embarked on building inland LPG filling depots to capitalise on the projected boom.   In a notice published Friday in the Kenya Gazette,.... Read more »

Posted on : Wednesday , 27th August 2014

Tanzania: Coal Mine to Last Century Producing 300MW

  Ngaka — THE government has been assured that Ngaka coal mine reserves can serve the country for more than 100 years producing 300KW of power and other commercial needs.   Permanent Secretary in the Ministry of Energy and Mineral, Mr Eliakim Maswi, was told that the projection was drawn from the 423-million tonnes of coal resources the mine has.   Tancoal Chief Operating Officer, Tarn Brereton said on Monday that there.... Read more »

Posted on : Wednesday , 27th August 2014

Kenya looks into establishing oil and gas industrial parks

 As East Africa potential to become a major global oil and gas producer continues to attract international investors Kenya is already looking into establishing Oil and Gas Industrial Parks and Support Bases. According to a presentation by the National oil corporation’s managing director Sumayya Athmani during the stakeholder forum for oil and gas in June the plans that are an infancy stage include a supply base to support offshore.... Read more »

Posted on : Tuesday , 26th August 2014

Smaller firms will lead East Africa's oil and gas development

 * East Africa's huge gas reserves a big lure; proximity to Asia attractive   * Smaller explorers set to kick start development   * Majors cut investments as margins squeezed   Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa's oil and gas industry as majors ditch riskier projects as margins fall, executives from several oil and gas firms said on.... Read more »

Posted on : Tuesday , 26th August 2014

Nine Energy Transmission Projects worth US$4bn Identified in Southern Africa

Nine energy transmission projects valued at above US$4bn have been identified in the Southern Africa region for promotion and marketing. These nine projects are in different stages of development according to the report released in the 34th Summit of SADC in Victoria Falls in Zimbabwe. The projects include the Flagship ZizaBona interconnector project which will be implemented by Zambia, Botswana, Zimbabwe and Namibia. There is also the Central.... Read more »

Posted on : Monday , 25th August 2014

Arab Contractors to implement $27m new road projects in Egypt

 Arab Contractors Company (AC), a leading construction firm has been awarded a tender worth $27M to implement construction of 400km roads stretch in Egypt. In a statement sent to the media by Arab Contractors Company (AC) and signed by the board of Directors Eng. Mohsen Salah, the company is still negotiating to obtain an extra 200 km so that the targeted length of implementing the projects for the first phase will be up to 600 Km. The.... Read more »

Posted on : Monday , 25th August 2014

Tanzania: Stable Energy Supply Pillar for Growth

 SUPPRESSED electricity demand in the country can be resolved by ensuring that there is additional generation capacity using acceptable technologies and fuel which is naturally available to Tanzanians.     This was said by Mr Harbinder Singh Sethi, the Executive Chairman of Independent Power Tanzania Limited (IPTL) a subsidiary of Pan African Power Solutions (PAP) during a media tour at the Company's power plant in Tegeta area.... Read more »

Posted on : Monday , 25th August 2014

Tanzania: Kinyerezi Power Plant Ready Soon

 Kilwa — KINYEREZI One power processing plant is expected to go on trial by the end of this year to generate and supply power from natural gas under the transportation pipeline project.     Briefing the Permanent Secretary in the Ministry of Energy and Minerals, who is on a pipeline project visit, the project Manager, Engineer Simon Ngilima said that they are also expected to distribute the gas to commercial consumers as.... Read more »

Posted on : Monday , 25th August 2014

Kenya: One Million Kenyans to Be Connected to Power This Year

 Nairobi — The Government has said that one million people will be connected to the national power grid by the end of this financial year in its plan to connect over 70 percent of the population by 2017.     In the last financial year, over 400,000 customers were connected to the power line. The initiative will be implemented under a programme dubbed 'The last mile'.     Principal Secretary in the Ministry.... Read more »

Posted on : Monday , 25th August 2014

Tanzania: Sh56 Billion Bridge, Power Project Launched in Morogoro

 PRESIDENT Jakaya Kikwete kicked off his seven-day official tour of Morogoro Region on Wednesday by laying the foundation stone for the construction of the much-hyped 56bn/- Kilombero Bridge project as well as launching a mega rural electric power distribution project.     The bridge will help connect and ease transportation networks between Ulanga and Kilombero districts in the region. The project, which is being implemented.... Read more »

Posted on : Monday , 25th August 2014



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