Page 14 - DMEA Week 19 2022

DMEA FUELS DMEA

Dangote will produce Euro-5 gasoline

AFRICA THE Dangote Refinery, a facility under con- The refinery is owned by Aliko Dangote,
struction in the Lekki Free Zone near Lagos, Africa’s wealthiest man, as part of his Dangote
Nigeria, will be able to produce gasoline that Group, a conglomerate that also runs companies
meets Euro-5 specifications, The Nation in the food, energy and transportation sectors,
reported on Monday (May 9). amongst others. The group also owns Africa’s
The decision to make the plant compliant largest sugar refinery, alongside many other
with Euro-5 standards will put Nigeria in a posi- plants and factories.
tion to export fuel to countries with strict envi- When complete, the refinery will be the larg-
ronmental regulations. Euro-5 specifications are est single-train refinery in the world and will
designed to help reduce emissions through such create a market for Nigerian crude worth $11bn
means as capping sulphur content in gasoline at per year. Construction began in 2016 and has
10 ppm. seen numerous delays. It is now slated to come
When finished, the plant will have a through- on stream in late 2022. Adjacent to the refinery
put capacity of 650,000 barrels per day (bpd) will be a 400-MW thermal power plant (TPP)
making it Africa’s biggest oil refinery. It will be that will be able to provide enough electricity to
capable of meeting of 100% of Nigerian demand meet all the requirements of Ibadan DisCo, the
for refined fuels and will also produce petroleum largest power distribution company in Nigeria.
products for export. As things stand, the West Dangote Group is also building the second
African country exports crude oil, but must phase of a major fertiliser plant near the refin-
import refined fuels due to a lack of facilities and ery. The facility will eventually be the largest in
capacity. Africa.™

PIPELINES

Uganda-Tanzania deal to

help with EACOP security

AFRICA THE governments of Uganda and Tanzania have memorandum had given Tanzania and Uganda
signed a memorandum of understanding (MoU) another opportunity to work together on issues
that will help establish security arrangements for related to peace and security. She also indicated
the East Africa Crude Oil Pipeline (EACOP). that the joint defence and security measures
According to press reports, Uganda’s Minister would encompass anti-terrorist initiatives, say-
of Defence and Veteran Affairs, Vincent Bam- ing: “Terrorism remains a major threat requiring
ulangaki Ssempijja, and Tanzania’s Minister of joint and proportionate efforts and measures.”
Defence and National Service, Stergomena Tax, Tilenga is the main upstream component of
signed the MoU in Kampala at the weekend. the Lake Albert Development Project (LADP), a
The document outlines the two neighbouring $10bn initiative that aims to monetise Uganda’s
countries’ plans for co-operation in the areas of crude oil resources. TotalEnergies aims to launch
security and defence. production at the site in 2025 and will eventually
Ssempijja said at the signing ceremony that see yields top 200,000 barrels per day.
Ugandan President Yoweri Museveni and his EACOP, meanwhile, is the midstream com-
Tanzanian counterpart Samia Suluhu Hassan ponent of LADP. The pipeline will carry more
both saw co-operation on this front as a high than 200,000 barrels per day (bpd) of crude from
priority. “I am therefore happy to note that today the Kingfisher and Tilenga fields to the world
we have moved on some of the issues including market along a 1,443-km route from Hoima, a
reviewing the memorandum of understanding town near Lake Albert in western Uganda, to the
(MOU) on defence and security co-operation, as Tanzanian port of Tanga. When finished, it will
well as operationalising the inter-governmental be the world’s longest heated pipeline.
security committee for the East Africa Crude Oil The governments of Uganda and Tanza-
Pipeline project,” he was quoted as saying by the nia signed agreements with TotalEnergies of
Nile Post. The minister did not reveal any details France and China National Offshore Oil Corp.
of the two countries’ plans for setting up the (CNOOC), the companies that are leading work
security committee. However, he did state that at Kingfisher and Tilenga, on the construction of
the MoU would lay the groundwork for the rele- the pipeline in April 2021. Those documents call
vant government agencies to share information. for EACOP to come on line in 2025, when the
For her part, Tax said the signing of the Lake Albert fields start production.™

P14 www. NEWSBASE .com Week 19 12•May•2022