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AfrOil NEWS IN BRIEF AfrOil

business new africa bna/IntelliNews

Randy Neely, president and CEO of TransGlobe, This agreement was reached during a meet- the Daily Trust. “These are the old Peugeot and
said: “We are thrilled with the updated year-end ing in Lagos between Executive Secretary Simbi Renault cars that are no longer in use in Nige-
2021 reserves. This puts a resounding stamp of Kesiye Wabote and key officials of the Senega- ria and other parts of the world, but which have
justification on the years of hard work to both lese Petroleum Industry. This is part of Nigeria’s been converted to use gas and are still being used
complete the Eastern Desert PSC consolidation strategic support to the development of Local because they are well maintained. It is high time
and establish a second core operating area in Content across the African continent, which we borrowed from this. If all our commercial
Canada. Although improved commodity prices has already been extended to Ghana, Niger vehicles run on gas, a large chunk of the demand
contributed to the increase in reserves and value, Republic, Uganda, Kenya, Gabon, Ugandan, and for petrol and diesel will drop.”
the quantum of the reserves increase is chiefly Congo-Brazzaville. He went on to say that he did not expect a
due to both the amended commercial terms in Speaking after the meeting, the Executive switch to CNG to be particularly disruptive to
Egypt and the strong technical and operating Secretary stated that the MoU will provide the the Nigerian economy. “The mechanics will take
work done in both Egypt and Canada. Our team pathway for the details of the collaboration, less than a week to learn how to do the conver-
has done a tremendous job over the past four stressing the need for cooperation amongst Afri- sion and in six months, all commercial vehicles
plus years.” can countries for the sustainable development of would have gone through the transition,” he said,
TransGlobe Energy, March 7 2022 the oil and gas industry in the continent. according to the Daily Trust. “This will reduce
He added that Nigeria has acquired a lot of the cost of transportation, especially for the
Sylva says Nigeria is not experience in Local Content development and is masses that patronise public transport systems.”
well-positioned to support other African nations
bna/IntelliNews, March 9 2022
running low on gasoline that had discovered hydrocarbon resources
recently.
Nigeria’s Minister of State for Petroleum The Senegalese team was led by Mor Ndiaye Court ruling blocks another
Resources Timipre Sylva told reporters in Abuja Mbaye, the Technical Secretary of the National seismic survey off South
on Tuesday (March 8) that the country was not Committee for Local Content in Senegal and he
running short of petrol, even though consum- stated that their nation is a new entrant to the Africa’s west coast
ers are still facing long queues at many filling oil industry and is keen to build local capacities
stations. and domesticate key operations in the sector The Western Cape High Court in Cape Town has
Speaking after a briefing with Nigerian in-country. He added that they decided to learn blocked a seismic survey for oil and gas off the
National Petroleum Corp. (NNPC) representa- best practices in Local Content from Nigeria to west coast of the country conducted by an Aus-
tives, Sylva said he was satisfied that the country make the implementation in their jurisdiction a tralian geoscience company. The judge found the
had enough petroleum products in its storage reality. company to have denied local communities their
facilities to cover domestic demand. The fuel In his remarks, the Executive Secretary of the right to participate in environmental decisions.
sector’s problems are not the results of supply NCDMB, Ernest Nwapa described the planned According to Mongabay News, Judge Dan-
shortages but of disruptions stemming from the MoU between Nigeria and Senegal as evidence iel Thulare’s ruling on the matter noted that the
unintended delivery of several contaminated that key initiatives of Nigerian Content develop- company did not only regard local fishing com-
gasoline cargoes last month, he said. ment had been consolidated over the years and munities as unaffected by the seismic activities,
Sylva described the queues at filling stations had become a model for African countries. He but it had also excluded people through the use
as more akin to an accident than the result of bad underscored the need for the Senegalese Gov- of language, as isiXhosa-speaking people in the
planning and noted that NNPC was working to ernment to take their Local Content policy seri- Western Cape were excluded from the choice of
speed up deliveries. ously, design a plan for implementation and pay media to disseminate information.
NNPC group managing director Mele Kyari attention to capacity building of their locals. “The illiterate and the poor were by design
spoke similarly, saying at the same press briefing NCDMB, March 8 2022 of the methodology excluded,” read Thulare’s
that the state-owned company was working 24 judgment.
hours a day to move fuel from its storage depots Nigerian interior minister This is the second seismic work within a
to filling stations. Kyari also complained that space of two months that a court has stopped off
hoarders had made conditions worse for ordi- says domestic commercial the country’s west coast.
nary consumers by purchasing more gasoline bna/IntelliNews, March 5 2022
than they needed for their own use. vehicles should burn CNG
bna/IntelliNews, March 8 2022
Nigeria’s Interior Minister Ogbeni Rauf Aregbe-
sola has urged the country to promote the use of
POLICY natural gas as a motor fuel in order to improve
the domestic fuel supply situation.
Nigeria, Senegal to sign Ibadan, Aregbesola praised the Egyptian gov-
Speaking at an event at the University of
MoU on local content ernment’s efforts to convert a large portion of
the country’s commercial fleet to CNG and
The Nigerian Content Development and Mon- suggested that Nigeria adopt a similar policy.
itoring Board (NCDMB) and the authorities If Nigeria uses more CNG, it will not need to
of the Senegalese Petroleum Industry agreed import so much gasoline and diesel, he declared.
on Tuesday to sign a Memorandum of Under- “[We] can learn a little bit from Egypt, where
standing (MoU) to guide Nigeria’s support for its commercial vehicles, particularly the taxis,
the development of Local Content in Senegal. are powered by gas,” he was quoted as saying by

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