South Africa to blend and export crude oil to Asia
South Africa will start blending different grades of crude oil for export to refineries across Asia in the world’s first crude oil blending terminal, starting in 2017
Downstream
Financing secured for new Mombasa-Nairobi oil pipeline
Kenya Pipeline Company (KPC) has secured a US$350mn loan to finance the construction of a new 450 km-long oil pipeline from Mombasa to Nairobi
Shell lifts force majeure on Forcados Terminal exports
Shell Petroleum Development Company (SPDC) has lifted a force majeure on exports of Forcados crude oil which had been in effect for more than two months
Seplat restarts Nigeria asset acquisition negotiations
Seplat Petroleum Development Company (Seplat) has restarted negotiations to acquire an asset in Nigeria’s Niger Delta, a deal in which it had previously faced delays
Uganda to start building oil refinery this year
Construction of an oil refinery in Uganda’s Hoima district is expected to start before December this year, the country’s Ministry of Energy and Mineral Development has said
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