Pipelines

Ugandan, Tanzanian Presidents launch start of work on 1,445km Hoima-Tanga oil pipeline

November 10, 2017 | Construction & Installation, Pipelines, Tanzania, Uganda

Mutukula, Uganda | –  President Museveni and his Tanzanian counterpart John Magufuli on Thursday laid the second foundation stone at one of the proposed corridors for the proposed East African Crude Oil Pipeline (EACOP), a gesture for political will, and to charm international lenders expected to pool 70 per cent of the project capital expenditure. The 1,445-kilometre pipeline, planned to run from Hoima District in mid-western Uganda to Tanzania’s southern Tanga Port on the Indian Ocean coast, was earlier projected to cost at least $3.55b …

Standard Bank seeks to raise $3 billion for Ugandan oil pipeline

August 15, 2017 | East Africa, Pipelines, Uganda

Stanbic appointed joint financial adviser with Sumitomo Mitsui Pipeline financing not seen causing weakness in local currency Standard Bank Group Ltd.’s Ugandan unit plans to raise $3 billion for a crude pipeline by the second half of next year as the East African country prepares to start oil production by 2020. Stanbic Bank Uganda was appointed alongside Japan’s Sumitomo Mitsui Banking Corp. as joint financial adviser for the 1,445-kilometer (898-mile) pipeline, Patrick Mweheire, the chief executive officer of the Kampala, Uganda-based business, said in an …

Russian gas pipelines to go ahead despite U.S. sanctions

August 03, 2017 | Eastern Europe & Russia, Pipelines

London, UK | –  New U.S. sanctions will make it harder for Russia to build two gas export pipelines to Europe but the projects are unlikely to be stopped. U.S. President Donald Trump has reluctantly signed into law further sanctions on Russia but some of the measures are discretionary and most White House watchers believe he will not take action against Russia’s energy infrastructure. This would allow Gazprom’s two big pipeline projects to go ahead, although at a higher price and with some delays. The …

Nigeria to extend gas pipeline to Cote d’Ivoire

August 03, 2017 | Nigeria, Pipelines, West Africa

Abuja, Nigeria | – The Nigerian National Petroleum Corporation, (NNPC) said the West African Gas Pipeline (WAGP) will be extended from Ghana to Cote d’ Ivoire. It said this is part of the Federal Government West African energy integration policy. Group Managing Director of the NNPC, Dr Maikanti Baru, made this disclosure yesterday while receiving a delegation from Cote d’Ivoire at the NNPC Towers in Abuja. Represented by the Chief Operating Officer, Gas and Power, Saidu Mohammed, the GMD stated that the extension of WAGP …

Shell testing Nigeria’s Forcados oil pipeline for restart

May 11, 2017 | Company Operations, Nigeria, Pipelines

Lagos, Nigeria | – Royal Dutch Shell is testing Nigeria’s Trans Forcados crude export pipeline for a potential restart with the Astro Perseus tanker expected to load the first cargo by the weekend, sources told Reuters on Tuesday. The pipeline has been mostly shut since it was bombed by militants in February 2016. After repairs, exports briefly resumed in October until a new attack forced another shutdown in early November. A spokeswoman for Shell declined to comment. Before the attacks, the Forcados stream accounted for …

Uganda, Tanzania award pipeline design contract to US firm

January 13, 2017 | Pipelines, Tanzania, Uganda

London, UK | – Uganda and Tanzania have awarded a contract for designing a crude oil pipeline running through both east African countries to U.S. based firm Gulf Interstate Engineering, an official document seen by Reuters on Wednesday showed. Early last year, Uganda agreed with Tanzania to jointly develop a $3.55 billion pipeline to help ship Uganda’s crude to international markets. The 1,445 km pipeline will start in landlocked Uganda’s western region, where crude reserves were discovered in 2006, and terminate at Tanzania’s Indian Ocean …

Shell pipeline fire threatens to deepen Nigerian oil output drop

January 06, 2017 | Nigeria, Pipelines

Lagos, Nigeria | – Royal Dutch Shell shut the Trans Niger oil pipeline after a fire, threatening to worsen a drop in Nigerian output due to unplanned disruptions. The line, which can transport about 180,000 bopd to the Bonny Export Terminal in the Niger Delta, was halted Tuesday due to a blaze at Kpor in Ogoniland, Precious Okolobo, a Shell Nigeria spokesman in Lagos, said Thursday by phone. Shell declined to comment on the impact on production. Nigeria’s daily output dropped by 200,000 bbl to …

Militants kill 4 Nigerian security officers guarding oil & gas pipeline

November 24, 2016 | Nigeria, Pipelines, Politics & Social Unrest

Port Harcourt, Nigeria | – Four officers from the Nigerian Security and Civil Defence Corps (NSCDC) were killed yesterday by unidentified gunmen while on duty guarding an oil and gas facility operated by the Nigerian Agip Oil Company. The nature of the facility remained undisclosed. The NSCDC personnel were dispatched to the facility following a warning that an attack on the pipeline was being prepared. The local commandant of the NSCDC told the media that she had sent a request to the Joint Military Task …