(Bloomberg) — Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. Advertisements
Total increased its global workforce by six percent in 2018, the company’s latest registration document has revealed.
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Sudan’s Foreign Ministry said on Thursday it has summoned Egypt’s ambassador to Khartoum, Hossam Issa, over Egypt offering oil and gas exploration blocks “in Red Sea areas subject to Sudanese sovereignty”.
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Sudan’s Prime Minister Mohamed Tahir Ayala dissolved the state-owned Sudanese Petroleum Corporation and dismissed its secretary general, Azhari Ibrahim Bassbar, state news agency SUNA said on Wednesday.
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Nigeria plans to cut its stake in joint oil ventures with multinational oil companies to 40 percent this year, its budget minister said, as the country seeks to boost revenue to grow an economy recovering from recession.
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The requirements set out by foreign groups for the participation of Mozambican insurance companies in natural gas projects are being negotiated and may be revised, said the president of Mozambican insurance company Emose.
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Mozambique, one of the world’s poorest nations, is set to become a top global gas exporter thanks to two huge terminals about to be built in a northern province.
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Anadarko is looking to hire around 16 liquefied natural gas (LNG) tankers on long-term charters for the transportation of the chilled fuel from the proposed Mozambique LNG project.
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The Rovuma LNG is expected to attract between US$27bn and US$32bn investment, transforming Mozambique’s GDP growth, according to a study by Standard Bank.
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ExxonMobil said today that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14.
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