Our attention has been brought to media reports, following the issuance of a statement declaring Force Majeure on Monday 17th October 2022, that operations at its facilities have been shut down due to flood. To correct some misinformation on the declaration, we would like to clarify: 1. The Company’s plant is in operation though at […]

Prime Minister Mostafa Madbouly has issued Resolution No. 3574 of 2022 setting the selling price of natural gas supplied to the cement industry at $12 per million British thermal units (MMBtu). The decision included in its second article, setting the selling price of natural gas supplied to the petrochemical industry (for the production of ethane […]

Neptune Energy and its partners announced an extension of higher gas production from the Duva field in Norway, supplying enough gas to heat a further 550,0001 UK homes per day. In April 2022, Norwegian authorities granted Neptune and the Duva licence partners a permit to temporarily increase gas production by 6,500 barrels of oil equivalent per […]

As part of the broad measures to address the loadshedding crisis, Eskom has launched three programmes to procure much needed power for the national grid. Initially the programmes will focus on generators capable of supplying more than one Megawatt to the grid. Over time the threshold will be lowered to enable smaller producers to participate. […]

Commonwealth LNG, a subsidiary of Commonwealth Projects, and Woodside Energy Trading Singapore Pte Ltd, a subsidiary of Woodside Energy Group have  announced the conversion of their non-binding heads of agreement (HOA) into two binding LNG Sale and Purchase Agreements (SPAs), signed 2 September 2022. The SPAs are for the supply of up to 2.5 million […]

Woodside Energy Trading Singapore Pte Ltd (Woodside) has entered into a flexible long-term sale and purchase agreement (SPA) with Uniper Global Commodities SE (Uniper) for Woodside to supply LNG from its global portfolio into Europe, including Germany, for a term up to 2039, commencing in January 2023. The quantity of LNG to be supplied under […]

Shell NA LNG LLC (Shell) and Energy Transfer LNG Export, LLC (Energy Transfer) have signed a 20-year LNG Sale and Purchase Agreement (SPA) for the offtake of 2.1 million tonnes per annum (MTPA) of LNG from the Lake Charles LNG project. The SPA will become fully effective upon the satisfaction of the conditions precedent, including Energy Transfer taking […]

Centrica’s application to reopen the Rough gas storage facility was welcomed by energy observers, but some have raised questions over the site’s safety and effectiveness. Energy Voice reports Amid soaring gas prices, the UK’s lack of meaningful storage capacity has long been lamented by energy market observers, policymakers and politicians. Chief amongst their complaints is the […]

Shell Eastern Trading (Pte) Ltd (Shell) and a subsidiary of Mexico Pacific Limited (Mexico Pacific) announced today they have signed a sales and purchase agreement for Shell to offtake 2.6 million tonnes per year (MTPA) of liquefied natural gas (LNG) from the first two trains of Mexico Pacific’s anchor LNG export facility located in Puerto […]

The long awaited work on the Ngoulmendjim hydroelectric dam (83 MW) is now expected to kick off between March and April 2023, we learned from Asokh Energy officials. The company is responsible for building, managing and operating the infrastructure for a period of 25 to 30 years. The company is 60% owned by the Eranove Group […]