Page 7 - AfrOil Week 31 2022

AfrOil PIPELINES & TRANSPORT AfrOil

TSGP is one of several major gas transport projects under consideration in Africa (Image: Rystad Energy)

European countries are currently trying to off- resumed talks on reviving the project.
set their Russian gas imports with other options The renewed interest to revive this strategic
because of the increased possibility that Russian project comes amid Russia’s war on Ukraine and
gas to Europe will be completely halted in the efforts by European countries to slash Moscow’s
coming months. energy income.
The pipeline was first discussed nearly 40 In June, Nigeria’s state-run oil company, now
years back, but the project has faced continuous known as Nigerian National Petroleum Co. Ltd
delays on security and financial issues. In 2021, (NNPC Ltd) said it intended to secure a deal on
Algeria and Niger reopened their border and a gas pipeline to Europe through Morocco. ™

INVESTMENT
Tullow to continue talks with OIL, ONGC

Videsh on sale of stake in Kenyan blocks

KENYA TULLOW Oil (UK/Ireland) has indicated that it
expects to continue discussions with two state-
owned Indian companies on the proposed sale
of its 50% stake in two blocks in Kenya’s South
Lokichar basin in the near future.
The company made a statement to this effect
after its CEO Rahul Dhir met with representa-
tives of Oil India Ltd (OIL) and ONGC Videsh
in Nairobi at the offices of Kenya’s Ministry of
Energy.
According to a July 30 Twitter post from
Monica Juma, cabinet secretary at the Ministry
of Energy, the meeting was attended by Hridesh Field development plan for South Lokichar assets (Image: Africa Oil Corp.)
Bandail, OIL’s executive director for busi-
ness development, and Sanjeev Tokhi, ONGC non-operating partners in the assets up for sale,
Videsh’s exploration director. Juma noted.
Also present were Andrew Kamau, the prin- The topic of discussion was Project Oil Kenya
cipal secretary of Kenya’s Ministry of Petroleum, “and the next steps in its implementation,” she
and Stephen Ikua, the director general of the added.
LAPSSET Corridor Development Authority, Tullow confirmed the meeting in Nairobi in
along with representatives of TotalEnergies a separate Twitter post and described the talks
(France) and Africa Oil Corp. (Canada), the as “positive.”

Week 30 28•July•2022 www. NEWSBASE .com P7