Page 7 - DMEA Week 33 2022

DMEA POLICY & SECURITY DMEA

IOCs have discovered about 5.1 trillion cubic metres of gas in the Rovuma basin (Image: Anadarko)
“The move also comes as the West seeks to coun- also sent its own troops.
ter Russian and Chinese influence in the south- The intervention has contained the militants
ern African nation, three years after Russian but “the situation remains very volatile and
private military firm Wagner withdrew most of smaller-scale violent attacks have continued
its forces following a string of defeats by Islamist in various districts,” the EU document, dated
militants,” Reuters said. August 10, said.
Reports say about 4,000 people, mostly civil- TotalEnergies halted work at its site in March
ians, have died in the fighting, and up to 800,000 2021 after a rebel attack nearby, but according to
displaced in a country with 180 trillion cubic Reuters, the firm is determined to begin produc-
feet of recoverable gas off the coast of its inse- tion in 2024. Eni, meanwhile, expects to start
cure north. The SADC force was deployed in exporting LNG from the Coral South project to
July 2021, around the same time when Rwanda Europe this year. ™

COMPANIES
Accugas signs gas supply deal with Notore

AFRICA ACCUGAS, a 80% indirectly-owned subsidiary
of Savannah Energy, is set to become a supplier
of natural gas to Nigeria’s Notore Chemical
Industries under a new sales agreement.
Under the agreement, the Savannah subsid-
iary will supply Notore with up to 10mn cubic
feet (283,200 cubic metres) per day of gas to
augment current supplies of feedstock for its pri-
mary business, which is the production of urea,
ammonia and NPK blend fertilisers. Notore’s
main production facility is connected to the
Accugas network via the Nigerian Gas Com-
pany pipeline, so establishing a supply link will Notore’s fertiliser plant is in Rivers state (Photo: Notore Chemical Industries)
not require any capital expenditure.
The supply deal has an initial term of one “I am pleased to welcome Notore as a new
year, and Notore will have the option to extend gas customer to Accugas, representing our 10th
it for a mutually agreed period. Accugas has customer site in total (versus three at the time
pledged to deliver gas “on an interruptible and of our acquisition of the Accugas business in
reasonable endeavours basis, based on gas avail- 2019),” said Andrew Knott, the CEO of Savan-
ability and nominations.” nah Energy. “We look forward to developing
Notore’s production facility is located in the our working relationship with Notore over the
Onne Oil and Gas Free Zone and turns out 1,500 course of the coming months and years.”
tonnes per day of urea and 1,000 tonnes per day Savannah Energy is an Africa-focused inde-
of ammonia. pendent energy company based in the UK. ™

Week 33 18•August•2022 www. NEWSBASE .com P7