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AFRICANGLOBE - When a Production Sharing Agreement (PSA) between the state-owned Tanzania Petroleum Development Corporation (TPDC) and the Norwegian firm Statoil was leaked a couple of weeks ago, it revealed contract terms that are significantly less favourable to the government than had been expected.
AFRICANGLOBE - The Chairman of Nigeria's Senate Committee on Gas Resources, Senator Nkechi Nwaogu, says 30 billion dollars is required for the development of infrastructure to achieve daily gas production target by 2015.
AFRICANGLOBE - In furtherance of its commitment to boosting gas processing in the country, Nigeria is set to construct the first and largest gas industrial park in Africa.
AFRICANGLOBE - Egyptians have now woken up to government plans to issue a tender to import gas in the next few weeks. This comes many years after being told that the country’s natural gas reserves were almost bottomless.