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Leaked Documents Shows Tanzania Being Plundered By Gas Firms

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.

‘Nigeria Needs $30 Billion For Gas Production By 2015’

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.

Nigeria To Construct Africa’s First Gas Industrial Park

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.

Egyptians Shocked By State Plans To Issue Gas Import Tenders

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.