Page 3 - AfrOil Week 26 2022

AfrOil CONTENTS AfrOil

COMMENTARY
Towards a new gas tax regime for Angola LNG 4

PIPELINES & TRANSPORT
Sasol completes sale of 30% stake in ROMPCO gas pipeline 6

INVESTMENT

NUPRC: Nigeria raises $482mn from issuance of licences for marginal
oilfields 6
Eco Atlantic to acquire another 6.25% in Block 3B/4B via Azinam 7
Scirocco chair urges shareholders to back Tanzania divestment 8

PERFORMANCE

NNPC data show huge increase in Nigerian gasoline subsidy
payments in 5M-2022 9
Nigerian oil minister says OPEC+ group is running low on spare
production capacity 10

Ghana Oil reports net profit up by 9% y/y to $12.5mn in 2021 11
LPG consumption rising in Zimbabwe due to inadequate power
supplies 11

POLICY
Ethiopia’s government denies report of fuel shortage amidst
humanitarian aid delays 12
World Bank sees LNG projects lifting Mozambique’s economic growth
rate 13

PROJECTS & COMPANIES
Galp secures extension for exploration of PEL 83 offshore Namibia,
Sintana says 13
SJ Global Oil Trading to supply petroleum products to Zimbabwe 14
Tanzania’s Taifa Gas secures licence for LPG plant in Kenya 15

NEWS IN BRIEF 16

NEWSBASE ROUNDUP GLOBAL (NRG) 19

OUR CUSTOMERS 21

Have a question or comment? Contact the editor – Jennifer DeLay (jdelay@intellinews.com)
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