Market News
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Rosneft to supply EGAS with LNG
Posted on :Friday , 17th July 2015
The oil major, which has no facilities to liquefy natural gas, will send at least 3.5 million tons of LNG to the Egyptian Natural Gas Holding Company. 24 cargoes will be supplied over a two-year period.Russian oil major Rosneft plans to source and export liquefied natural gas (LNG) to Egypt. The company, which has no facilities to liquefy natural gas, will send at least 3.5 milli. . .
KPC secure Sh35 billion for new Mombasa-Nairobi pipeline
Posted on :Friday , 17th July 2015
KENYA Pipeline Company has secured a $350million (Sh35.6 billion) loan to finance the construction of a new 450-kilometre oil pipeline from Mombasa to Nairobi.
The state owned oil distributor will upgrade to a 20 inch ultra-modern multi-product oil pipeline to replace the more than 30 year old - 14 inch pipeline currently in use..jpg)
Oil and gas waste monitoring system to be installed in East Africa
Posted on :Wednesday , 15th July 2015
The ministry of water and environment on Monday commissioned oil and gas waste monitoring system that will reinforce Uganda’s preparedness to control pollution as it moves closer to start extracting oil.
The online real-time water quality monitoring system is an assortment of sophisticated equipment and machines that will be able to detect any form of foreign substance in . . .
Oil refinery to be constructed in East Africa
Posted on :Wednesday , 15th July 2015
Construction of an oil refinery in Hoima District is expected to start before December this year, the Ministry of Energy and Mineral Development has said.“It is anticipated that construction will start in 2015 and first phase of the refinery will be ready around 2018,” said Ms Catherine Bekunda, a communications officer in the Ministry of Energy’s Director. . .Kenya Somali Maritime Border Case Headed For The International Court Next Week
Posted on :Thursday , 9th July 2015
A fortnight after Kenya’s foreign affairs minister Amina Mohammed said that the East African nation and its horn of African neighbor had agreed to settle maritime border issues outside the international court of Justice the Somalia government has said it would submit the case next week.
According to the Somali publication Somali Current the decision foll. . .Please Select an Option
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