Tag Archives: gas

The continent will be responsible for over 11% of all gas supplies by 2050, study finds. Johannesburg, South Africa | BIRD AGENCY | Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum …

At the current oil prices of about $87.5 per barrel, the Kingfisher project will account for about 15% of the total oil revenues to government from upstream, which is $6.9billion in total and $360million per year. Kikuube, Uganda | THE INDEPENDENT | President Yoweri Museveni has today launched the commencement …

Algiers, Algeria | Xinhua | Algeria and Italy agreed on Monday to build a new pipeline to carry Algeria’s gas and electricity to Europe. At a joint press conference with visiting Italian Prime Minister Giorgia Meloni, Algerian President Abdelmadjid Tebboune said the project will make Italy “a key distributor of Algerian …

Berlin, Germany | Xinhua | Norway replaced Russia as Germany’s biggest gas supplier in 2022, accounting for 33 percent of its total gas imports, the Federal Network Agency (BNetzA) said on Friday. “Norway is our most important energy supplier today and should remain so as we move toward a carbon-neutral future,” Germany’s …

Hoima, Uganda | THE INDEPENDENT | The Albertine Graben Refinery Project in Hoima will be one of the big oil and gas infrastructure projects to look out for in 2023 in Uganda and Africa. The 60,000 barrels per day refinery is one of the 70 new oil and gas projects that …

Several high-carbon emitting countries in Africa are developing just energy transition plans while still focusing on exploiting their fossil-fuel reserves. Luanda, Angola | BIRD AGENCY | Africa’s carbon-intensive economies are racing to develop just energy transition plans as more green funding commitments begin to flow in. However, these oil and …

As Mozambique joins the world’s liquefied natural gas exporters with its first shipment to Europe, it’s also scaling renewable power projects to manage a regional power deficit. Maputo, Mozambique | BIRD STORY AGENCY | Last month, Mozambique’s National Petroleum Institute, INP, announced plans to begin exporting LNG gas to Europe …

Stockholm, Sweden | Xinhua |  Sweden’s economy is heading for a “grim winter,” the country’s government said here on Monday. “We don’t know yet how cold and grim it will be,” Finance Minister Elisabeth Svantesson said at a press conference here. The government expects Sweden’s gross domestic product (GDP) to …

Lusaka, Zambia | Xinhua |  Zambia and Namibia have signed a memorandum of understanding on the construction of a natural gas pipeline project, a Zambian senior official said Friday. The deal was signed on Thursday on the sidelines of the 10th session of the Joint Permanent Commission of Cooperation between …

Stockholm, Sweden | Xinhua | Swedish Prosecution Authority said on Monday that an area around the Nord Stream leaks in the Swedish exclusive economic zone (EEZ) of the Baltic Sea has been cordoned off in order to conduct a criminal investigation. According to a press release from the Swedish Prosecution …