$10.38 billion In The Account Oh!

$10.38 billion is the estimated revenue the Federal Ministry of Petroleum Resources is projecting to generate by 2018 from the consumption of Liquefied Petroleum Gas (LPG), also known as cooking gas, should 50 percent of consumers using kerosene and firewood make a switch. Read more here: http://naija247news.com/2017/09/05/fg-targets-10-38bn-earning-from-cooking-gas-in-2018-if/

Sound Money For Sound Energy

Sound Energy, the European and African focused upstream gas company based in the UK, received a funding offer from Advisory & Finance Group Investment Bank (AFG), a Moroccan based financial institution that acts as fund manager to Oil & Gas Investment Fund (OGIF), for the provision of funding for the construction of the Tendrara gas export pipeline (TGEP) connecting Tendrara to the GME pipeline of between US$60 million and US$100 million in Eastern Morocco. Read more here: https://www.worldpipelines.com/business-news/05092017/sound-energy-update-on-eastern-morocco-discovery-funding/ and here: http://transportationandstorage.energy-business-review.com/news/sound-energy-gets-funding-offer-from-afg-for-tendrara-gas-pipeline-project-050917-5917522 and here: http://www.hydrocarbons-technology.com/news/newssound-energy-receives-funding-proposal-to-develop-tendrara-gas-field-5917409

Just Wait It Will Get To You Soon

Electricidade de Moçambique (EdM), Mozambican state-owned power company, plans to complete the electrification of the outstanding four districts that are not connected to the national electricity grid by 2018, that will cost US$18 million and will be for Maputo’s natural gas combined cycle thermoelectric plant expected to produce 106 megawatts of power to meet the constant growth in demand for electricity in the city and province of Maputo. Read more here: https://macauhub.com.mo/2017/09/05/pt-distritos-de-mocambique-ligados-a-rede-electrica-nacional-ate-2018/

You All Be Underutilizing Us

West African Pipeline Company Ltd (WAPco) that has the capacity to transport over 150 million scf of gas daily is currently doing 70 million scf worth of gas supply daily based on demand, revealed by the Managing Director, WAPco, Mr. Walter Perez. Read more here: https://www.vanguardngr.com/2017/09/wapco-transports-70-million-scf-gas-daily-says-md/

And It's Oil Came Tumbling Down

Angola along with Iraq and Venezuela’s oil output fell in July, according to the August oil market monthly report, causing the South African country to lose its status as the largest oil producer in Africa to Nigeria. Read more here: http://macaudailytimes.com.mo/angola-loses-status-largest-oil-producer-africa-nigeria.html

Stop Interfering! Mr President, Sir!

Ghana president Akufo-Addo appoints Ernest Owusu Bempah, a politician and Communications Director of the opposition party, the National Democratic Party (NDP) as the new Director of Communications for the Ghana National Gas Company and The Minority in Parliament has accused him of undermining the public service. Read more here: https://www.myjoyonline.com/politics/2017/september-5th/if-akufo-addo-can-dismiss-pros-he-will-soon-dismiss-messengers-minority.php