First Independent Mena Newspaper
A draft bill has been elaborated by the Moroccan government to back up its liquefied natural gas projects, as the north African Kingdom aims to bring the share of LNG to 13% of its energy mix by 2025. The draft bill sets the guidelines for establishing a tariff system for a natural gas market that […]
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 […]
Dallas-based Kosmos Energy’s oil search in Mauritania once again led to the discovery of an offshore gas reservoir in a well located 60km north of the Tortue-1 gas discovery that opened the basin. The latest discovered field, described as “a large gas resource,” is preliminary estimated to have 5 trillion cubic feet of gross resources […]
Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]
Partners in the Tamar gas field offshore Israel have concluded a letter of intent with Union Fenosa Gas SA (UFG) to supply it with gas for 15 years and a total gross sales quantity of up to 2.5 trillion cubic feet (Tcf) of natural gas, or approximately 440 million cubic feet per day over the […]
Qatar will be sending five shipments of liquefied to Egypt as a donation in order to help it reduce the constraints on its industrial sector. The delivery is expected between July and September. The statement which was released by Qatar’s Energy and Industry Minister Mohamed al-Sada didn’t precise the quantity. Egypt’s natural gas shortage is […]