Africa Oil & Gas: “Nigeria’s oil sector reforms on hold again” – Petroleum Economist

Africa Oil & Gas: “Nigeria’s oil sector reforms on hold again” – Petroleum Economist

President Buhari’s decision to delay passage of a petroleum industry bill won’t help investment sentiment, but shouldn’t affect offshore activity in the near term Nigeria’s latest effort to reform governance of its oil and gas industry seemed to be going unusually well.

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Africa Energy: Egypt hikes gas prices by up to 75% in IMF-backed austerity plan

Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75%, the latest move in an IMF-backed austerity programme that has left many Egyptians struggling to make ends meet.

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