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EGYPT During a visit to SONABHY headquarters, Kotug Gabon has been established towards
he appealed for Burkina Faso to book imports support Perenco’s offshore operations, including
Two local companies to of petroleum products from Ghana, which now tanker loadings from two floating storage and
account for 15% of the total, with the rest coming offloading (FSO) ships.
build new ADU at Egypt’s from Togo and Cote D’Ivoire. Gabon since 1992, when it acquired mature
Perenco has been producing oil and gas in
BNA, October 12 2021
Assiut refinery fields off Port-Gentil from a French oil major.
BNA, October 14 2021
Egypt’s Ministry of Petroleum and Mineral EQUATORIAL GUINEA
Resources announced that the Assiut National
Oil Processing Co. (ANOPC) has signed a mem- Equatorial Guinea LNG ANGOL A
orandum of understanding (MoU) with two
local firms for the development of a new atmos- plant exports disrupted by Angola receives five
pheric distillation unit (ADU).
The $382mn deal was signed with contrac- incident at Alba gas field proposals for Lobito oil
tors Engineering for Petroleum and Process
Industries (ENPPI) and Petroleum Projects Equatorial Guinea’s LNG plant, the Punta refinery construction
and Technical Consultations Co. (Petrojet), Europa project operated by US-based Marathon
which will construct the facility with a process- Oil and fed by the Alba gas field, has seen oper- Angola has received five separate proposals to
ing capacity of 100,000 barrels per day (bpd) ations disrupted due to an unspecified incident build the Lobito oil refinery, which is expected
of crude at the Assiut refinery around 400 km on September 26. “Partial operations have been to process up to 200,000 barrels per day (bpd)
south of Cairo. The facility is the main supplier maintained, but the Alba Plant is unable to pro- once completed. Among the international
of fuel to Upper Egypt. cess wet gas until normal operations resume,” groups bidding are three Chinese companies,
The MoU was signed by Majid Al-Kurdi, a representative of the independent E&P com- the national oil company Sonangol said.
head of ASORC, Enppi’s chairman and CEO pany told Energy Voice. The first proposal to build the Lobito refinery
Ashraf Bahaa, and Petrojet’s chairman Waleed A Ministry of Mines and Hydrocarbons was submitted by China’s Lanpec Technologies
Lotfy, in the presence of Minister of Petroleum delegation visited the site on October 6, and and International Business Development Group
and Mineral Resources Tarek el Molla. expects the plant to return to normal operations of the US, Macao News reports.
Meanwhile, the ministry said that the latest on October 20, according to Equatorial Guinea’s A second group comprises two Angolan
contract is part of continuous efforts to expand official news agency. companies – Hull Blyth Man Power, Comércio
Assiut. In 2018, ANOPC hired TechnipFMC New York-listed Marathon has a 52% stake in Geral e Prestação de Serviços Lda – and two
and ENPPI to proceed with the early works on the Alba Plant, an onshore LNG processing plant Chinese ones, AVIC International Beijing and
the estimated $1.9bn project to install a hydro- on Bioko Island. It processes gas from the Alba China Huanqiu Contracting & Engineering.
cracking complex at the complex amid plans to field, extracting liquids from the gas stream. Other bidders include a group formed by
add processing capacity of 50,000 bpd of heavy Although the Alba gas facility produces a Gemcorp Holdings and Omatapalo – Engenha-
fuel oil from the refinery into 1.6mn tonnes per relatively small 3.7mn tonnes per year (tpy) ria e Construcao, and Layher (Pty) and GazMin
year (tpy) of Euro-5 diesel and 400,000 tpy of of LNG, the disruption comes at a time when International, from the United Arab Emirates.
high-octane gasoline. gas prices in Europe and Asia are trading near Angola imported $1.7bn worth of fuel in
BNA, October 20 2021 record highs, Reuters reported. 2019 and is looking to break its dependence
BNA, October 10 2021 on oil imports, CLBrief reported. Towards that
goal, Angola is also building two refineries in the
GHANA coastal cities of Cabinda and Soyo and refurbish-
GABON ing and expanding the capacity of its existing
NPA appeals to Burkina Netherlands-based Kotug Luanda refinery.
Diamantino Azevedo, Angola’s oil minister,
Faso’s SONABHY to boost mobilises fleet to Gabon said the initial goal is to have enough capacity
to supply the domestic market, with the aim of
share of petroleum imports becoming a regional exporter region in future.
“We have been working with our counter-
Ghana’s National Petroleum Authority (NPA) is to support Perenco parts in the Democratic Republic of the Congo
reviewing export and transit arrangements with Dutch towage and maritime company Kotug to make the relationship mutually beneficial.
Burkina Faso’s SONABHY, which oversees the International is mobilising a fleet of tugs and a And the Zambian government is already stud-
import and distribution of petroleum products support vessel to Gabon after securing a long- ying the feasibility of a pipeline from Lobito,”
in that country, in a bid to boost trade. term contract to support Perenco Oil & Gas’ Macao News quotes Azevedo as saying.
NPA chief executive Dr. Mustapha operations off Port Gentil. According to the proposed corporate govern-
Abdul-Hamid said that gas and oil exports to The maritime industry publication Riveria ance structure, private investors will own 70%
Burkina Faso have been on the decline since reports the contract covers chartering, operat- of the company, with Sonangol controlling the
2019 and are currently down by about 72% com- ing and manning three vessels and a spread of remaining 30%.
pared to 2020 volume, Joy Business reports. marine services. BNA, October 20 2021
Week 42 20•October•2021 www. NEWSBASE .com P17