Market News
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East Africa: Households, Industries to Get Natural Gas Connections
Posted on :Tuesday , 18th October 2016
Since sometime in 2012 or earlier than that, there were reports of the government's move to supply natural gas to homes--with a pilot project to connect homes in Mikocheni and international hotels.
The move was followed by inauguration of a distribution pipelines connecting homes and the hotels, raising new hopes of accessing the crucial energy more cheaply.. . ..jpg)
Ethiopian government to set up petroleum and mineral exploration corporation
Posted on :Tuesday , 18th October 2016
The Ethiopian government is finalizing plans of setting up a giant corporation that will be involved in exploration, development and trading of petroleum, the exploration and development of minerals and the development of bio- fuel dubbed Ethiopian Minerals, Petroleum and Bio-Fuel Corporation with an authorized capital of $675 million.
The giant corporat. . .Tanzania: Nigeria Firm Plans 900mw Gas Plants
Posted on :Friday , 7th October 2016
Lagos — Sahara Group, a Nigerian energy conglomerate is looking to constructing two gas-fired power plant that are capable of generating 900MW as the firm expands business in Tanzania.
The company which is now involved in oil trading alone in Tanzania says it's ready to do that once the government gives a nod."We have. . .Tanzania, Congo sign deal for joint petroleum exploration
Posted on :Wednesday , 5th October 2016
Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding on Tuesday for joint exploration and development of hydrocarbons in Lake Tanganyika.
The lake, which straddles the border between Tanzania, Democratic Republic of Congo, Burundi and Zambia, is the world's second largest by volume and second deepest, according to officials.Tanzania: Isles to Engage Honest Oil Explorers
Posted on :Tuesday , 4th October 2016
Zanzibar — The two-week Zanzibar House of Representatives session has ended here with the government promising to be careful in issuing international tenders for oil companies to explore for oil and gas.
Moving a motion to adjourn the session to November 23, this year, the Second Vice- President, Ambassador Seif Ali Iddi, said: "We will be careful i. . .Please Select an Option
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