Page 3 - AfrOil Week 27 2022

AfrOil CONTENTS AfrOil

COMMENTARY
The curious case of Nigerian refining: Waiting for Dangote 4

PIPELINES & TRANSPORT
Zambia begins $300mn pipeline to move diesel from Tanzania 6
Uganda, Tanzania to review EACOP’s application for construction
licence 6

INVESTMENT
NUPRC head urges Nigerian companies to see IOCs’ divestments as
an opportunity 7
Shell follows Nigerian Supreme Court’s order and suspends SPDC
stake sale 8

Nigerian gas company Tetracore aims to launch IPO by year-end 9

PERFORMANCE
CBN says rising oil prices are not helping Nigeria due to low revenues,
fuel subsidies 10
Invictus Energy makes upward revision in resource estimate of
Mukuyu gas field 11

POLICY
OPEC secretary-general dies in Abuja 12
Barkindo: Downstream factors play key role in oil price volatility 13

TotalEnergies rep says gas is Nigeria’s best option for low-carbon
future 13
South Africa hikes fuel prices 14

PROJECTS & COMPANIES

Nigeria’s UTM Offshore hopes to make FID on Yoho FLNG in Q2-2023 15
Duport modular refinery set for launch 15
Petrofac wins contract from Tullow for FPSO operations services at
Jubilee field 16

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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