Africa Oil & Gas: Continent’s gas export falls as domestic consumption soars

The total volume of gas exported from Africa has witnessed significant reduction over the years because the region now is said to consume two-thirds of its produced gas leaving very little to export.

Read More

Global Oil & Gas: Saudi Arabia wants oil exports monitored, not just production

  While OPEC members have cut some 1.2 million barrels of production over the past year (plus a little less than 0.6 mb/d from non-OPEC members), that has not actually translated to the same reduction in exports.

Read More

Africa Mining Logistics: $22.4m Chinese lifeline for Tanzania–Zambia railway project

China has lent Zambia and Tanzania $22.4-million to buy locomotives and rolling stock for a railway that carries copper to Tanzania’s Indian Ocean port of Dar es Salaam, a spokesperson for the railway said on Tuesday.

Read More

Africa Mining Industry: “SA Coal exports unsustainable at long-term prices” – Prevost

XMP Consulting coal analyst and Eskom consultant Xavier Prevost has again argued against the continued large-scale export of coal from South Africa, telling delegates at the Fossil Fuel Foundation’s third Electricity Conference, in Germiston, on Wednesday, that long-term export coal prices would not sustain a viable local industry.

Read More

Africa Mining: SA Transnet reports record iron-ore exports in 2015/16

South African logistics group, Transnet, said on Wednesday lower global iron-ore prices had not hurt its rail business and it was on track to export a record 62-million tonnes of iron-ore in 2015/16 as quoted by SA news agency Miningweekly. “We railed some 15.7-million tonnes against a budget (target) of 15.66-million tonnes in quarter one. We are still in quarter two so there is no figure yet. But yes, we are on track (to reach…

Read More
1 2 3