Page 16 - AfrOil Week 46
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AfrOil                                         INVESTMENT                                              AfrOil



       Sudan to offer 27 blocks to investors






             SUDAN       SUDAN’S Ministry of Energy and Mining has   that hosted their oilfields. Aliu argued that these
                         announced plans to offer more than two dozen   firms should agree to “provide social services
                         new blocks to investors in the near future.  such as water, education and health projects, [to]
                           Speaking to the Sky News Arabia TV chan-  construct roads to connect towns and villages
                         nel, acting Energy and Mining Minister Kheiri   and [to] address electricity problems,” Radio
                         Abdelrahman said on November 13 that Khar-  Dabanga reported last week.
                         toum hoped to attract bids for 24 onshore
                         blocks, as well as three offshore licence areas. He   Private gasoline imports
                         did not identify any of the blocks in question,   In related news, Sudan recently took delivery of
                         or say when Sudanese authorities would begin   a small gasoline cargo, the first to be imported
                         accepting offers for them.           into the country by a privately owned company.
                           Abdelrahman went on to say that the Min-  Abdelrahman told reporters earlier this
                         istry of Energy and Mining hoped to attract the   month that the first cargo, consisting of 36,000
                         attention of international investors with access   tonnes of gasoline, had been unloaded in Port
                         to up-to-date technologies. Khartoum hopes to   Sudan. Additionally, he noted that another cargo
                         find investors that can use technology to maxim-  of the same size was waiting to dock in the port.
                         ise yields from all 27 of the blocks, he explained.  Sudan has experienced widespread fuel
                           He was speaking one day after he paid a visit   shortages this year and has had to import petro-
                         to East Darfur State to discuss investment in   leum products to meet demand. The govern-
                         the oil sector. During that visit, Mohamed Aliu,   ment is trying to alleviate those shortages by
                         the governor of the state, told him that local   arranging for the distribution of supplies in key
                         authorities wanted to see upstream operators   sectors of the economy, including but not lim-
                         make more investments in the communities   ited to agriculture and power generation. ™


                                                   PERFORMANCE
       NLNG set to increase domestic




       LPG supplies by 28.6% in 2021






            NIGERIA      THE Nigeria LNG (NLNG) consortium is gear-  increase NLNG’s contribution to 450,000 tonnes
                         ing up to increase the volume of LPG reserved   from next year. That is a very positive contribu-
                         for domestic consumption by more than a quar-  tion from NLNG.”
                         ter next year.                         He also stated that the consortium was tak-
                           Tony Attah, NLNG’s managing director,   ing this step in line with the federal government’s
                         said last week that the group hoped to bring the   efforts to promote the use of LPG on the domes-
                         amount of LPG allocated to the domestic mar-  tic market. Abuja sees LPG as a safer and cleaner
                         ket up to 450,000 tonnes in 2021. This year, he   cooking fuel, he commented.
                         noted, NLNG is slated to deliver about 350,000
                         tonnes per year (tpy) of LPG to Nigerian con-
                         sumers, equivalent to 35% of total domestic
                         supplies.
                           As a result, the higher number would repre-
                         sent a rise of nearly 28.6% on present levels.
                           Attah, who was speaking at a webinar organ-
                         ised by the Oil and Gas Group of the Nigeri-
                         an-British Chamber of Commerce (NBCC),
                         pointed out that this increase was in line with
                         long-term trends.
                           “In 2007, the total consumption of LPG
                         in Nigeria was about 50,000 tonnes,” he said.
                         “Today, it is about 1mn million [tpy] and
                         NLNG’s contribution is 350,000 [tpy]. We
                         have approached our board to get a mandate to   NLNG covers 35% of current LPG consumption in Nigeria (Image: File)



       P16                                      www. NEWSBASE .com                      Week 46   18•November•2020
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