Market News
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Eni gets approval for floating LNG Plant in Mozambique
Posted on :Thursday , 25th February 2016
Italy's Eni said on Wednesday it has won approval from the Mozambique government to build its planned Coral floating liquefied natural gas plant.
The company, which aims to sell all the LNG from the plant to British oil company BP, is expected to make a final investment decision this year but has now overcome one of the biggest hurdles.$1.9 billion to be invested in fertilizer plant by Tanzania Petroleum Development Corporation
Posted on :Friday , 19th February 2016
The Tanzania Petroleum Development Corporation has announced that it will invest in a fertilizer plant to be set Kilwa division Lindi district German investors Ferostaal Industrial Project GmbH at a cost of $1.9 billion.
TPDC says it is the government’s plan to support companies investments in the extractive sector with the plant expected to produce 3850 tonne. . .Quantum Power to construct gas storage facility in Africa
Posted on :Monday , 15th February 2016
Quantum Power and Ghana National Petroleum Corporation (GNPC) have signed an agreement for the construction and operation of the Liquefied Natural Gas storage facility in Ghana. The facility will be constructed at Tema.
The Tema LNG project will receive, store, regasify and deliver, about 3.40 million tons of LNG per annum. The delivery will be equivalent to 5. . .Tanzania plans to install 10,000 biogas plants by 2017
Posted on :Thursday , 4th February 2016
Tanzania, along with the governments of Norway and the Netherlands, is planning to install 10,000 biogas plants by 2017
The biogas plants are environment-friendly and are expected to benefit a large number of rural communities in Tanzania. As part of the Tanzania Domestic Biogas Project (TDBP), aimed at benefiting rural communities in the country, these biogas plants will b. . .African Nation to connect 1.2 million homes with natural gas
Posted on :Tuesday , 26th January 2016
Egypt plans to connect 1.2 million homes with natural gas as in the Financial year 2016/2017, state owned corporation Natural Gas Holding Company has said.
According to the state owned corporation Egyptian Natural Gas Holding Company (EGAS) they have already done preliminary studies that will enable them deliver the gas connection to the homes.Please Select an Option
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