Page 7 - AfrOil Week 06 2022
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AfrOil                                        INVESTMENT                                               AfrOil



       NOC says Honeywell UOP is




       interested in southern refinery






             LIBYA       LIBYA’S National Oil Corp. (NOC) said last   in the northern coastal city of Tobruk. The units
                         week that the US firm Honeywell UOP was   were intended to cater to local fuel demand.
                         interested in taking part in projects in the coun-  Reports have also suggested that the southern
                         try, including the construction of an oil refinery   facility might be built in Sebha, a city to the east
                         in the south.                        of Awbari.
                           Without specifying the location of the refin-  Meanwhile, Prime Minister Abdulhamid
                         ery, NOC said: “Details of work scope and   Dbeibah, the head of Libya’s Government of
                         implementation contracts will be discussed in   National Unity (GNU), said: “The financial
                         the coming days.”                    coverage is ready for this project and the spec-
                           In October, the company said it had begun   ifications and technical designs are ready with
                         work on constructing a new refinery near the   NOC.”
                         Sharara oilfield. Mustafa Sanalla, the head of the   He added: “Today we announce the start of a
                         company, said that the so-called South Refin-  giant step, the actual start of the construction of
                         ery would be completed and start production   an oil refinery project in the south, [for] which
                         within the next three years. He noted that the   the people of the region have been waiting for
                         facility would cost $500-600mn to build and   many years.”
                         was expected to generate an annual income of   Libya’s current refining slate comprises facili-
                         $75mn.                               ties at Ras Lanuf (220,000 bpd), Zawiya (120,000
                           The refinery, which will be run by NOC sub-  bpd), Tobruk (20,000 bpd) and Sarir (10,000
                         sidiary Zallaf Co., is slated to produce LPG, jet   bpd), all of which are operated by NOC.
                         fuel and other petroleum products, including   Operations at each of these, like those at the
                         1.4mn litres per day of gasoline and 1.1mn litres   country’s oilfields and terminals, have been dis-
                         per day of diesel.                   rupted at various points over the past decade. ™
                           The precise location and full throughput
                         capacity of the plant have not yet been revealed.
                         However, plans have previously been announced
                         for the construction of a 50,000 barrel per day
                         (bpd) unit near Sharara. UK-based Petrofac pre-
                         viously carried out a feasibility study, which it
                         updated in 2020.
                           In 2013, Libya’s then-Prime Minister Ali
                         Zeidan said that the plant would be built in
                         Awbari, around 55 km to the east of the oilfield,
                         with a larger, 300,000 bpd unit to be constructed   NOC chairman Mustafa Sanalla (File Photo)



       The Gambia invites bids for Block A1






           THE GAMBIA    THE Ministry of Petroleum and Energy of The   Some of this information will be made avail-
                         Gambia has launched a new licensing round   able at no charge, it added. Companies taking
                         covering only one offshore site, known as Block   part in the round will also have the option to buy
                         A1.                                  2D and 3D seismic data that were reprocessed by
                           In an announcement dated February 9, the   the former licence holder, however, it said.
                         ministry invited prospective bidders to down-  Participation in the first stage of the bidding
                         load a request for proposals (RFP) from its web-  contest does not obligate potential investors to
                         site and register as participants in the first stage   submit formal bids later, the ministry noted. It
                         of the licensing round. Following registration,   said, though, that prospective bidders would
                         potential investors will be given instructions on   have to download the RFP and other documents
                         how to access the online data room known as   at least six weeks before the deadline for submis-
                         the E-Bid Platform, which contains information   sion of bids.
                         relevant to the preparation of proposals for the   Proposals must be submitted through the
                         development Block A1.                E-Bid Platform by June 6, it explained.



       Week 06   09•February•2022               www. NEWSBASE .com                                              P7
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