West African Crude Flows Slow as Sellers Hold Cargoes Amid Hormuz Closure
West African crude flows are slowing as sellers hold cargoes amid the Strait of Hormuz closure, tightening global oil markets and reshaping trade flows.
West African crude flows are slowing as sellers hold cargoes amid the Strait of Hormuz closure, tightening global oil markets and reshaping trade flows.
Spain and Algeria are in talks to boost natural gas flows through the Medgaz pipeline, as Europe looks to secure additional supply amid market volatility.
Zambia’s cabinet has approved two cross-border pipeline projects linking the country with Tanzania and Namibia to strengthen fuel supply security and meet rising petroleum demand.
Nigeria has halted gasoline import licenses as regulators enforce rules prioritizing domestic refining, signaling a shift that could reshape fuel supply dynamics in Africa’s largest oil market.
Amarinth has delivered chemical injection skid systems for Nigeria’s Soku and Gbaran LNG fields to help prevent corrosion and scale buildup in pipelines supplying feed gas to the NLNG export plant.
Vopak has delayed a final investment decision on South Africa’s first LNG import terminal at Richards Bay until 2028 as uncertainty around Eskom’s gas power project slows development.
Algeria will begin construction of the long-planned Trans-Saharan Gas Pipeline through Niger after Ramadan, with Sonatrach leading development of the cross-border gas corridor.
Hungary’s MOL has secured tanker shipments from multiple suppliers and increased crude imports via the Adriatic pipeline as the Druzhba pipeline outage continues to disrupt refinery operations in Hungary and Slovakia.
BB Energy has loaded a 600,000-barrel DAR Blend cargo from South Sudan following months of legal action tied to $142 million in prepaid crude shipments, signaling progress toward a broader settlement.
Vitol is backing a proposed $3 billion LNG import and gas-fired power project at South Africa’s Durban Port, positioning the global trader in a market targeting 16 GW of new gas generation.
Egypt is pressing international oil companies to sharply increase gas production by 2030, signaling potential contract revisions as domestic prices lag imported supply costs and pipeline flows into the country rise.
Morocco has suspended a recently launched tender for a natural gas pipeline project tied to LNG imports and power generation, introducing new uncertainty around the country’s near-term gas infrastructure plans.
Mozambique and TotalEnergies have agreed to restart construction on a long-delayed, multibillion-dollar LNG development, marking a major step toward restoring one of Africa’s largest gas export projects amid improved security conditions.
India has halted diesel exports to Europe and redirected record volumes to West Africa as the EU enforces a ban on fuel made from Russian crude, reshaping global refined-product trade flows.
Angola is advancing a new gas strategy focused on non-associated gas, LNG optimization, pipelines and domestic demand growth, reshaping its long-term energy outlook.
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