First Independent Mena Newspaper
South Korea’s Samsung Heavy Industries (SHI) has signed a landmark $637 million deal to build a floating liquefied natural gas (FLNG) facility for a European client operating in Mozambique, reinforcing Africa’s rising profile in global energy markets. The state-of-the-art Coral Norte FLNG platform, to be constructed offshore, will liquefy, store, and export natural gas directly […]
Independent Perenco has announced the investment of $1 billion for construction of a Liquefied Natural Gas unit in Gabon. The company-based in London said it presented the plan for the unit to the Minister of Oil and Gas, and the subsequent technical approval by the Gabonese authorities in December 2022. The unit will be located […]
Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy supply and reduce dependence on imports of refined products. The deal, inked on Thursday (8 September), aims to construct three multinational oil and gas pipeline systems of around 6,500 km, […]
Namibia and Equatorial Guinea are looking to strengthen energy ties and specifically focusing on LNG development and knowledge-sharing opportunities. A high-level delegation led by Namibia’s Minister of Mines and Energy, Tom Alweendo, visited regional gas leader, Equatorial Guinea, earlier this week aimed at strengthening energy ties and expanding dialogue between the two nations. A series […]
Italy’s energy company Eni and Algeria’s state-owned hydrocarbons firm, Sonatrach, inked an agreement to build a solar plant to help the north African country reduce its dependency on gas. In addition to meeting local electricity demand, the plant would also free up more gas for the export market, local media said. The 10MW plant will […]
In light of the largescale projects to diversify its energy sources and reduce dependence on foreign suppliers, Morocco was branded as the Maghreb’s “energy revolution leader” in an analysis recently published on About Oil website, an international news platform specializing in energy issues. “Morocco is leading the energy revolution in the Maghreb,” said About Oil […]
Algeria’s gas production and export capacity is facing dim prospects with estimates the North African country to be a net gas importer of Liquefied Natural Gas (LNG) in two decades, warned the former Algerian energy minister Nordine Ait-Laoussine. Ait-Laoussine, who was speaking to Interfax Natural Gas Daily, said that politics and bureaucracy are contributing to […]
Algeria is working towards establishing a stronger trade relationship with Pakistan through a more direct approach. Addressing the Faisalabad Chamber of Commerce and Industry (FCCI), the Algerian ambassador to Pakistan, Ahmed Benflis, said they will like to establish a direct contact with the Pakistani business community. Pakistan is experiencing deep energy crisis and Ambassador Benflis […]