Page 3 - AfrOil Week 04 2022
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AfrOil CONTENTS AfrOil
COMMENTARY
Nigeria’s bumpy road to PIA implementation 4
PIPELINES & TRANSPORT
Kenya begins work on next phase of LAPSSET initiative 6
INVESTMENT
Invictus raises funds for Zimbabwe project 6
GCC Services wins camp contract for major Uganda crude oil project 7
PERFORMANCE
NOC aims to push oil output up to more than 1.2mn bpd this year 8
Tullow sees combined Jubilee/TEN oil output remaining nearly steady
in 2022 8
GNGC sees gas flows increase more than three-fold between 2016
and 2021 9
POLICY
Nigeria keeps gasoline subsidy in place 10
Nigerian federal government hopes to see more CNG utilised as
vehicle fuel 10
Tanzania hopes new legal advisor will assist with signing of HGA on
LNG project 11
PROJECTS & COMPANIES
Pharos Energy signs third amendment to El Fayum concession
agreement 12
TransGlobe signs PSA merging three oil-bearing concessions in Egypt 12
FAR speeds up evaluation of Bambo-1 data 13
Plant official comments on start date for new Dangote refinery 14
Major oil discovery offshore Namibia could spark renewed investment 14
NEWS IN BRIEF 15
NEWSBASE ROUNDUP GLOBAL (NRG) 17
BUSINESS NEW AFRICA PREVIEW 18
OUR CUSTOMERS 20
Have a question or comment? Contact the editor – Jennifer DeLay (jdelay@intellinews.com)
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Week 04 26•January•2022 www. NEWSBASE .com P3