Africa
Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 yr due to manufacturing constraints, rising costs and competition from renewables.
Hoegh Evi signs 10-yr deal with EGAS to supply floating LNG terminal to Egypt amid energy crunch
Norway's Hoegh Evi has signed a 10-yr time charter agreement with Egypt's state-owned gas company EGAS to deploy a floating storage and regasification unit (FSRU) in the Port of Sumed by late 2026, as the country scrambles to secure gas supplies amid mounting domestic shortages.
Sonatrach and Saudi Aramco cut May LPG prices by 1%–11%
Saudi Aramco and Algeria's Sonatrach have cut May's official selling prices for liquefied petroleum gas (LPG) by 0.8%–10.9% from the previous month due to rising global supply.
Morocco to begin tendering process for LNG terminal
Morocco plans to issue, within a few days, an expression of interest for a liquefied natural gas (LNG) terminal near the eastern Mediterranean city of Nador.
bp completes loading of first cargo from Greater Tortue Ahmeyim LNG project
bp has safely loaded the first cargo of liquefied natural gas (LNG) for export from its GTA Phase 1 project offshore Mauritania and Senegal.
Mozambique government approves Eni's Coral Norte FLNG plan
Mozambique approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.
U.S. approves $5-B loan to TotalEnergies for Mozambique gas project
The board of the U.S. Export-Import Bank approved a nearly $5-B loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies.
Egypt to lease German gas liquefaction unit to bolster production
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said.
Nigeria LNG operating at a third of capacity because of theft
Nigeria LNG, a major gas exporter, is operating at only a third of its capacity due to illegal connections by thieves on key gas supply pipelines.
Vitol, Glencore win $380-MM award in Nigerian LNG litigation
Trading houses Vitol and Glencore will receive $380 MM in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole liquefied natural gas (LNG) producer for non-delivery of cargoes.
Egypt, Cyprus sign gas export deals, boosting Eastern Mediterranean energy cooperation
Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus's offshore fields to Egypt for liquefaction and re-export to Europe, as both countries seek to bolster the Eastern Mediterranean's role as an energy hub.
Kosmos Energy achieves first LNG at the Greater Tortue Ahmeyim project in Mauritania and Senegal
Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Mitsubishi Power secures major gas turbine and services order for Al Wahda Power Plant in Morocco
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries Ltd. (MHI), has won a major order in Morocco to supply two M701JAC gas turbines and auxiliary equipment for the Al Wahda open-cycle gas turbine power plant owned and operated by the National Office of Electricity and Drinking Water (ONEE).
Tanzania hopes to conclude talks for LNG project by June
Tanzania is discussing tax incentives with investors in a stalled project to construct a $42-B LNG plant in the country, Energy Minister Doto Biteko said on Tuesday, adding the talks could be completed by June. Equinor and Shell are joint operators of the country's mega gas project, while ExxonMobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.
TotalEnergies CEO says U.S. financing for Mozambique LNG project expected in coming weeks
TotalEnergies CEO Patrick Pouyanne said that financing from the U.S. for its $20-B Mozambique LNG project is expected to be approved in coming weeks, with other credit agencies to follow in the months after.
Egypt signs $3 B in LNG deals with Shell and TotalEnergies
Egypt has signed deals worth about $3 B with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025.
Nigeria launches construction on five mini-LNG facilities, totaling 97 MMft3d in capacity
In its efforts to deepen domestic gas utilization, NNPC and its partners have launched five mini-LNG plants in Ajaokuta, Kogi State, Nigeria, totaling 97 MMft3d in processing capacity.
Mozambique president, TotalEnergies CEO discuss development projects
Mozambique's President Daniel Chapo met with Patrick Pouyanne, the CEO of TotalEnergies, on Monday to discuss several of the company's projects in the southern African country, including a long-delayed $20-B liquefied natural gas (LNG) development.
Morocco plans 990-MW gas-fired power plant in north
Morocco's water and electricity utility (ONEE) plans to build a 990-megawatt (MW) gas-fired power plant at a cost of 4.15 B ($420 MM).
TotalEnergies' Mozambique LNG project faces delay beyond 2029
TotalEnergies' $20-B Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said, citing the need to end force majeure and ensure security at the project site.
IEA: Global gas markets to remain tight on rising demand
Global natural gas markets will remain tight this year as demand rises and output grows more slowly than before the energy crisis of 2022 and the pandemic of 2020-2021, a quarterly report by the International Energy Agency (IEA) said.
FLNG Gimi receives first gas from the Greater Tortue Ahmeyim field
Golar LNG Limited announced that FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
Portugal to import more US, Nigerian LNG, aims to end Russian supply
Portugal plans to increase purchases of liquefied natural gas (LNG) from the U.S. and Nigeria as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on Tuesday.
Beware Egypt's smokestack onshoring as cement exports surge
North Africa's largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part of efforts to accelerate the growth of its industrial sector.
H2 Global Energy to develop a $6-B green hydrogen project in Tunisia
A consortium led by H2 Global Energy signed a Memorandum of Understanding agreement with the Tunisian government to develop a groundbreaking $6-B green hydrogen and green ammonia project.
Senegal and Mauritania announce first gas from bp's Greater Tortue Ahmeyim project
The Greater Tortue Ahmeyim gas project developed by bp and partners has produced its first gas from an offshore field in Senegal and Mauritania.
Wison New Energies, Ace Gas & FLNG sign FEED contract for Nigeria FLNG project
Wison New Energies is proud to announce the official signing of the FEED contract for the 3-MMtpy FLNG and 230-MW Power Barge project with Ace Gas & FLNG, which is planned to be deployed in Nigeria.
bp and XRG close deal to launch new natural gas platform
bp and XRG have reached financial close and completed formation of their new joint venture and international natural gas platform – Arcius Energy. The JV will initially focus on development of gas assets in Egypt.
Wood Mackenzie: Defining the energy transition
As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.
Guyana gas-to-energy project wins initial $500-MM bank loan guarantee approval
Guyana has received preliminary approval from the U.S. Export-Import Bank for a more than $500 MM loan guarantee to support a natural-gas fired power project and gas processing facility.
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- IEEFA: Europe’s LNG imports decline 19% with gas demand at 11-yr low
- TotalEnergies and partners launch the 2nd phase of Northern Lights CCS project
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
