Olusegun Aganga, Nigerian minister of trade and investment, has revealed that the Onne oil and gas free trade zone (FTZ) has brought US$6 billion into the country since it was established in 1997
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Trafigura signs US$500 million Zambia oil contracts
Zambia has awarded a US$500mn contract to commodities trader, Trafigura, to supply the country with petrol and diesel for one year
South Sudan set to build US$3 billion Kenya pipeline
South Sudan has invested in a US$3bn pipeline that will allow the newly-independent nation to export oil through Kenya’s Lamu port and reduce its dependence on Sudan
Nigeria oil production reaches 2.7 million barrels per day
The Nigerian National Petroleum Corporation (NNPC) has recorded a 300,000 bpd increase in crude oil production to the current 2.7mn bpd from the last-recorded rate of 2.4mn
South Sudan to pay US$3 million compensation to Sudan
South Sudan and Sudan have reached an agreement regarding the exportation and payment of oil between the recently-separated states
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