Dakar, Senegal, August 2, 2019// — Africa is leading the liquefied natural gas (LNG) global race as it will receive one-third of total global greenfield investments for LNG projects in 2019, around $103 billion.
Category: Energy
Adapting African Agriculture to Climate Change
August 2, 2019//-Climate change is already putting huge stress on Africa’s food production systems. And, according to projections, worse is coming.
Ghana: Gov’t and PDS Brawl Deepens
Accra, Ghana, July 31, 2019//-The confusion between Ghana government and the U.S backed Power Distribution Services Ghana (PDS) Limited is far from over.
Report: Diverse Array of Opportunities Across the Whole Oil, Gas Value Chain
London, United Kingdom, July 31, 2019/ — A report released by Africa Oil Week and Menas Associates about what lies in store for Africa’s oil and gas industry has concluded that, on balance, the continent’s economic performance is promising, particularly as global oil markets finally recover from their 2015-2016 lows.
John Jinapor’s Review of ECG’s Concession Agreement
Accra, Ghana, July 31, 2019//-I have followed with keen interest the implementation of the ECG Financial and Operational Turnaround Project; leading tothe Electricity Company of Ghana handing over operations of the company to the Power Distribution Services (PDS).
Ghana Suspends U.S Backed PDS Concession Agreement
Accra, Ghana, July 30, 2019, Ghana has suspended its U.S backed concession agreement with Power Distribution Services (PDS) Ghana Limited with immediate effect.
Alex Mould: Revising Take or Pay Agreements May Jeopardise Power Sector Investments
Accra, Ghana, July 30, 2019//-The ill-advised statement by the Finance Minister to renegotiate all take-or-pay power agreements to take-and-pay will certainly have negative repercussions.
Oil Markets On Edge Ahead Of Big Week
July 30, 2019//-Oil prices seem trapped between supply outages on the one hand, and fears of weak demand on the other. WTI and Brent moved up slightly in early trading on Tuesday.
How Liquefied Natural Gas Could Change South Africa’s Fortunes
A gas-fired power station will be a cheaper option for Eskom than its current diesel plant. Shutterstock Marie Blanche Ting, University of Sussex The development of liquefied natural gas (LNG) could help transform the South African economy, spur re-industrialisation, reduce the country’s over-reliance on coal-fired power stations, and contribute to increased regional trade with propane […]
Oil Markets Ignore The Tanker War
July 23, 2019//-Oil prices initially traded up on Monday on geopolitical tension in the Middle East, but gave up some of those gains on fears of an oil glut. At the start of Tuesday, oil prices dipped further, weighed down by demand fears.