Large natural gas deposit found in Rovuma basin.
Gas
Africa, gas and the future
GE Estimates five per cent of world's natural gas wasted
GE HAS RELEASED a study, Flare Gas Reduction: Recent Global Trends and Policy Considerations, which estimates that five per cent of the worlds natural gas production is wasted by burning or "flaring" unused gas each year—an amount equivalent to 30 per cent of consumption in the European Union and 23 per cent in the United States.
Chevron Nigeria plant cost up 42 per cent
CHEVRON EXPECTS A much-delayed Nigerian plant that will convert natural gas to liquids to cost $8.4bn, $2.5bn or 42.4 per cent more than its last estimate.
p style="margin-bottom: 0cm;">CHEVRON EXPECTS A much-delayed Nigerian plant that will convert natural gas to liquids to cost $8.4bn, $2.5bn or 42.4 per cent more than its last estimate.Tullow aiming for spring start for Kudu
Tullow Oil has concluded terms for a new Petroleum Agreement with Namibia’s Ministry of Mines and Energy concerning the offshore Kudu gas field.
p style="margin-bottom: 0cm;">Tullow Oil has concluded terms for a new Petroleum Agreement with Namibia’s Ministry of Mines and Energy concerning the offshore Kudu gas field.