Page 3 - AfrOil Week 02 2023
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AfrOil CONTENTS AfrOil
COMMENTARY
How geoscience companies benefit African oil and gas 4
PIPELINES & TRANSPORT
Libyan gas flows to Italy resume at full capacity after short
interruption 6
Snam acquires 49.9% stake in Eni’s Algeria-Italy gas pipelines 6
INVESTMENT
CEO says Sonatrach will invest over $30bn in exploration and
production by 2027 7
Nigerian equities market sees strong end to 2022, led by growth
in oil & gas index 7
PERFORMANCE
Nigeria set to achieve self-sufficiency in motor fuel production in
2024, Sylva says 8
POLICY
Libyan court suspends controversial offshore exploration deal
with Turkey 9
Ghana’s central bank to sell $200mn in forex to fuel distributors
in Q1 2023 10
Head of Industrial Association of Angola urges government to cut
fuel subsidies 10
Zambia, Angola sign six accords to cement bilateral relations 11
PROJECTS & COMPANIES
APEX buys stakes in six sites in Egypt’s Western Desert from Eni 12
TOR expected back online next month 12
Ex-NamPower boss urges Namibia to accelerate Kudu
gas-to-power project 13
Production drilling begins for Hibiscus Ruche Phase I project
offshore Gabon 14
Somaliland announces first oil discovery 15
NEWS IN BRIEF 16
NEWSBASE ROUNDUP GLOBAL (NRG) 19
OUR CUSTOMERS 21
Have a question or comment? Contact the editor – Jennifer DeLay (jdelay@intellinews.com)
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Week 02 12•January•2023 www. NEWSBASE .com P3
