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AfrOil                          BUSINESS NEWS AFRICA PREVIEW                                           AfrOil


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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



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