Nigeria Approves $1.3B Sale Of Exxon Onshore Assets To Seplat, Rejects Shell Deal
Nigeria approved Exxon Mobil Corp.’s sale of its onshore oil and gas assets to domestic energy supplier Seplat Energy Plc, but rejected a similar deal by Shell Plc.
The decisions end a more than two-year delay to the conclusion of Exxon’s $1.3 billion deal, but hinders Shell’s plans for the West African nation.
The Exxon transaction has received ministerial consent, said Gbenga Komolafe, CEO of the Nigerian Upstream Petroleum Regulatory Commission at a conference in Abuja, the nation’s capital on Monday.
President Bola Tinubu, who is also the minister of petroleum, signaled in his Independence Day speech on Oct. 1 that it would get approval within a matter of days.
The sale will free Exxon Mobil to focus on expanding its offshore assets in Africa’s largest crude producer. The company last month said it is considering investing as much as $10 billion in that business in the coming years.
Seplat has previously said that acquiring Exxon’s assets would almost quadruple the company’s oil output to more than 130,000 bpd.
A similar transaction by Shell Plc to sell its onshore assets to a consortium of local companies for more than $1.3 billion failed to get approval, Komolafe said.
A Shell spokesperson wasn’t immediately able to comment.
The consortium, known as Renaissance, is formed of exploration and production companies ND Western, Aradel Energy, First E&P, Waltersmith and Petrolin, all of which are based in Nigeria. Its CEO Tony Attah is a former Shell employee with 30 years of experience in the oil and gas industry.
Shell said last week in an emailed statement that it was engaged in ongoing talks with the government to sell the assets and will provide the regulator with all information needed to complete the approval process.
The rejection will be a setback for Shell, who has sought to exit the assets for more than three years as the operations have become increasingly difficult, with local communities accusing the company of being responsible for oil spills that have polluted their environment.
The company has blamed many of these incidents on damage to infrastructure caused by oil theft.
Source: World Oil
Zambia: Maamba Energy Shuts Down Two Generators For Maintenance
Zambia’s power utility company, ZESCO Limited has announced that Maamba Energy Limited (MEL), an Independent Power Producer (IPP), has shut down two generators of one of its power plant to undertake corrective maintenance.
According to ZESCO, this has resulted in the temporary reduction of the available national power generation by 150 Megawatts.
The maintenance is expected to last for one week, 20 to 27 October 2024, reducing the available power generation capacity during this period, the company said in a statement on Monday, October 21,2024.
“ZESCO will strive to maintain the 3-hour supply schedule in residential areas during this time of a significant power supply shortfall by optimising the power imports in collaboration with some Power Traders and ramping up availability from the other Independent Power Producers, where possible.”
Maamba Energy Limited is working diligently to complete the corrective maintenance and restore normal generation as soon as possible.
ZESCO is collaborating closely with all partners to minimize disruptions and ensure a timely return to normal operations.
ZESCO appealed to all of its valued customers to continue practicing energy efficiency during this period.
Simple, yet significant measures such as turning off unnecessary lights, using energy-saving appliances, and reducing electricity consumption during peak hours can help reduce the strain on the power system and contribute to a more predictable power supply for everyone.
ZESCO expressed appreciation to Zambians for their patience and cooperation during this time.
“The Corporation will provide regular updates of this development on its official communication channels,” the statement concluded.
Source: https://energynewsafrica.com
The UAE’s Renewable Energy Giant Plans Massive Global Expansion
Masdar, the renewables energy giant of the United Arab Emirates (UAE), wants to become one of the world’s biggest renewable companies targeting 100 gigawatts (GW) of solar and wind assets by 2030, CEO Mohamed Jameel Al Ramahi told the Financial Times in an interview published on Monday.
Masdar sees having up to a 35% market share of the renewables power capacity in the Middle East by the end of the decade, 20% of Europe’s clean energy capacity, and up to 25% of the U.S. capacity, Al Ramahi told FT.
Asia will also be a significant part of Masdar’s portfolio, the executive added.
The company’s shareholders are Abu Dhabi’s oil giant ADNOC, Abu Dhabi’s sovereign investment company Mubadala, and state utility giant TAQA.
Masdar is on an investment spree to buy renewable assets worldwide, and this spending drive will continue, Al Ramahi told FT.
Last month, Masdar said it would buy renewable power developer Saeta Yield from Brookfield in a deal valuing the target company at $1.4 billion. Saeta Yield develops, owns, and operates renewable power assets in Spain and Portugal.
The deal would be one of the biggest renewable energy transactions in Spain, one of Europe’s top markets for renewables.
Earlier this year, Masdar also announced an agreement with Spain’s power firm Endesa to become a partner for 2.5 GW of renewable energy assets in Spain.
Masdar also signed in June a $3.5 billion (3.2 billion euro) deal to buy Greece’s Terna Energy in the largest ever energy transaction on the Athens Stock Exchange, and one of largest in the EU renewables industry.
In early October, the UAE firm closed the acquisition of a 50% stake in Terra-Gen Power Holdings II, one of the largest independent renewable energy producers in the United States.
In another strategic market, Masdar is advancing, in partnership with RWE, the Dogger Bank South offshore wind project in the UK, part of the larger Dogger Bank, which will be the world’s biggest offshore wind farm when completed.
Source: Oilprice.com
Nigeria: NGML, A4E Energy To Construct 100MMSCF/D Gas Distribution Facility In Ajaokuta
Nigeria’s National Petroleum Corporation Gas Marketing Limited (NGML) and its partner, A4E Energy has signed an agreement to construct a 100 mmscf/d natural gas distribution facility in Ajaokuta, Kogi state.
The gas facility (city-gate) will enable natural gas supply to various domestic LNG facilities, CNG compression and other facilities requiring gas in the Ajaokuta area.
Similarly, NGML signed a 10 year Gas Sales & Purchase Agreement (GSPA) to supply 5mmscf/d gas to A4E Energy’s CNG compression facility and CNG dispensing stations.
These projects are in line with the Decade of Gas and Presidential CNG initiatives of the Federal Government to ensure Gas drives Nigeria’s industrialization and transportation sector.
NGML is the largest downstream Gas Marketing and Distribution company in Nigeria while A4E Energy is a 100% indigenous energy company active in the downstream and midstream gas and renewable sector seeking to harness Nigeria’s abundant natural gas for the benefit of its citizens.
Source: https://energynewsafrica.com
Ghana: Best Time To Invest In Ghana’s Upstream Sector Is Now – Petroleum Commission CEO
Ghana’s petroleum upstream regulator, Petroleum Commission Ghana, is spearheading reforms in the regulatory and fiscal regime governing exploration of hydrocarbons in the West African nation with the aim of making the country’s upstream very attractive and competitive to investors.
Even before the global push for energy transition which has limited investment in the upstream sector intensified, Ghana’s upstream sector was less competitive as investors preferred other jurisdictions over Ghana.
In 2021, US oil and gas super major ExxonMobil abandoned its 80 per cent stake in the Offshore Cape Three Point (OCTP) sparking concerns by energy analysts as to what could be going wrong in the upstream petroleum industry.
Prior to ExxonMobil’s exit, Hess, which held 50 per cent stake in Deepwater Tano Cape Three Point block, offloaded its stake to Aker Energy now Peacan Energies and left the country.
In 2021, Anadarko also offloaded its stake in Tweneboa, Enyenra Ntomme (TEN) and Jubilee oilfields and left the country.
Speaking at the just-ended Africa Oil Week in Cape Town, South Africa, the Chief Executive Officer of Petroleum Commission Ghana, Egbert Faibille Jnr., noted that many times when people are discussing the happenings in the upstream sector, they forget about what their competitors (other African nations) have done to their fiscal and regulatory regimes by way of making the extraction of their hydrocarbons very attractive to investors.
He said, “Ghana wants to walk that path and it is moving away from the current regime and has therefore made a raft of proposals to the Ministry of Energy for consideration.”
Making reference to Cote d’Ivoire, Namibia and Angola, Mr Faibille said, “Our people have to see what they have done with respect to the reforms they have made. We have to understand that you can’t go to the same market and compete with those who have made their regulatory regime more flexible and attractive. We must either be equal with them or better than them.”
Mr Faibille told the gathering and especially the investing community that giving the work the commission and other stakeholders, such as the GNPC, have done, it has positioned Ghana as the best place to invest.
“Now is the time to come to Ghana because we ourselves are more than convinced that we have to change the way of doing business. And our government is more than convinced that we have to change the way of doing things and our government is more than committed,” he added.
Source: https://energynewsafrica.com
Nigeria: Stop Blaming TCN Any Time Grid Collapses…TCN MD
Nigeria’s power transmission company, TCN’s Managing Director, Sule Abdulaziz, says it is unfair for Nigerians to vent their anger on the company’s officials every time the national grid experiences failure in power supply, stating it is not their (TCN’s) fault.
The country’s power grid has collapsed seven times in 2024, with the latest being last Saturday.
The persistent collapse of the grid has become a major issue of concern to thousands of Nigerians who are already grappling with power supply.
Many are of the view that some officials of the power transmission company have to be axed and replaced for fresh minds to turn things around since they have failed.
However, speaking on Nigeria-based Channels Television’s ‘Politics Today’, Abdulaziz insisted that much as they are charged with managing the grid, there are some important factors people often fail to consider.
He said, “Before explaining further, let me just say the grid didn’t collapse three times in October. We had grid disturbances only two times. I think the first was on Monday and the second yesterday (Saturday).
There was news that the grid collapsed again on Tuesday. That one was incorrect. On Monday, we were to fix the grid but had some setbacks.
“TCN is the one in charge of the grid. It doesn’t mean that all the problems are from the TCN. It can be from generation, transmission and distribution. Sometimes, it can be a (result of) disaster.
So, if there is any system collapse, we have to conduct studies to find out what the cause is. But you cannot say it is the fault of the TCN just like that.
“Again, the transmission system needs a lot of investments. For so many years in this country, that sector was neglected. Most of the equipment we are using is over 40 to 50 years old, and so that equipment can’t work perfectly.
“So we are doing our best. We know we can do more. But at least, we are getting to know the problems one by one.”
Source: https://energynewsafrica.com
Ghana: Deputy CEO Of GNPC Benjamin K. Acolatse Receives Exemplary Finance Leader In Energy Award In Dubai
Ghana National Petroleum Corporation’s (GNPC) Deputy Chief Executive Officer in charge of Finance & Administration, Benjamin Kwaku Acolatse Esq, has been named one of the top 100 finance leaders in the energy sector across the Middle East and Africa.
He was recognised at the Premier Energy Leadership Middle East & Africa Conference & Awards (PELADubai2024), held on October 17, 2024, in Dubai.
Mr Acolatse was presented with the Exemplary Finance Leader in Energy Award for his outstanding financial leadership and contributions to the energy industry.
“His role at GNPC has been instrumental in shaping the corporation’s financial strategy, ensuring operational efficiency, and driving sustainability across its diverse portfolio of activities,” the Corporation said in a story posted on its website.
The award underscores Mr Acolatse’s commitment to excellence, as his leadership has strengthened GNPC’s financial systems, enabling the Ghana national oil company to thrive in an increasingly competitive and evolving energy landscape.
His strategic insights have played a crucial role in positioning GNPC as a leader in energy production, corporate governance and social responsibility.
Commenting on the award, Mr Acolatse expressed his gratitude and said the recognition reflected the hard work and dedication of the entire finance and administration team at the GNPC.
“Together, we are committed to maintaining financial integrity, driving innovation and ensuring sustainability in all our operations. I dedicate this honour to my colleagues and the leadership of GNPC for their continuous support,” he added.
The Premier Energy Leadership Conference & Awards celebrates visionary leaders who drive innovation and sustainability in the energy sector.
This recognition of Mr Acolatse adds another milestone to GNPC’s achievements, further enhancing its reputation as a force for positive impact in both the energy industry and the communities it serves.
With Mr Acolatse’s leadership, GNPC remains well-positioned to navigate the complex challenges of the energy sector while maintaining its focus on sustainable growth and corporate responsibility.
Source: https://energynewsafrica.com
Commenting on the award, Mr Acolatse expressed his gratitude and said the recognition reflected the hard work and dedication of the entire finance and administration team at the GNPC.
“Together, we are committed to maintaining financial integrity, driving innovation and ensuring sustainability in all our operations. I dedicate this honour to my colleagues and the leadership of GNPC for their continuous support,” he added.
The Premier Energy Leadership Conference & Awards celebrates visionary leaders who drive innovation and sustainability in the energy sector.
This recognition of Mr Acolatse adds another milestone to GNPC’s achievements, further enhancing its reputation as a force for positive impact in both the energy industry and the communities it serves.
With Mr Acolatse’s leadership, GNPC remains well-positioned to navigate the complex challenges of the energy sector while maintaining its focus on sustainable growth and corporate responsibility.
Source: https://energynewsafrica.com Nigeria: Vandals Damage Two Towers Along Shiroro–Kaduna Lines
The Transmission Company of Nigeria (TCN) has reported that two towers along its 330kV Shiroro–Kaduna transmission lines one and two have been vandalised, damaging parts of both transmission lines.
The power transmission company said in a statement that the 330kV transmission line one tripped first, followed shortly by the second, as efforts were still ongoing to reclose the first line, prompting the urgent mobilisation of local vigilantes to patrol the lines.
According to TCN, this led to the discovery of two damaged towers, towers T133 and tower T136, with their cables badly damaged at several points.
“Arrangements are in top gear to deploy the newly procured ’emergency restoration system’ to the site, pending the reconstruction of the damaged towers. TCN has also conducted an aerial survey in collaboration with security operatives, given the area’s vulnerability to banditry, which poses a significant threat to both TCN installations and personnel,” TCN said.
” In the interim, our engineers have implemented a temporary measure to supply bulk power to the Kaduna and Kano regions via the 330kV Kaduna–Jos transmission line.”
The vandalised Shiroro–Kaduna 330kV lines 1&2 are vital lines through which bulk power is transmitted to parts of the North West Region, with each line capable of carrying 600MW.
The vandalism of the towers and transmission lines presents a significant challenge to bulk power transmission in that axis.
“We are, however, committed to re-erecting the towers and restringing the transmission lines to restore bulk power transmission through both 330kV power transmission lines,” the statement concluded.
Source: https://energynewsafrica.com
Ghana: Three Ghanaian Firms Receive Licences To Explore Oil In Voltaian And Tano Basins
Ghana has issued four exploratory licences to three indigenous oil and gas firms to undertake exploration activities in the onshore Tano and Voltaian basins.
The licences were issued in May and July this year, with one of the companies receiving two for exploration in both onshore Tano and Voltaian basins.
Officials of Ghana’s Ministry of Energy disclosed this at the just-ended Africa Oil Week in Cape Town, South Africa, without further details.
This portal understands that if discoveries are made, the companies will be granted appraisal licences to appraise the discoveries.
If the discoveries are commercial, development and production agreements will be signed with the companies for the development and production of the hydrocarbons.
Currently, the West African nation produces oil from three fields, namely Jubilee, OCTP Sankofa Gye-Nyame and Tweneboa Enyenra Ntomme (TEN).
Source: https://energynewsafrica.com
Nigeria To Review Gasoline Transport Safety Protocols After Deadly Blast
Nigeria has announced plans to review safety protocols for the transportation of gasoline after a deadly tanker accident and explosion in Jigawa state killed more than 150 people last Wednesday.
President Bola Tinubu said the review will be “swift and comprehensive,” but some observers are skeptical that safety standards will improve.
The tanker crashed in the village of Majiya and a short time later burst into flames, killing and injuring many who had gathered around the wreckage to scoop up spilled fuel.
Tinubu said a review of transport protocols for gasoline will be carried out in partnership with various state authorities and that offenders of the new regulations will be punished.
It is not clear what the new regulations will be. The president also sent top government officials including his defense and transportation ministers, along with food aid and medical supplies, to the site of Wednesday’s crash.
Economic analyst Eze Onyekpere said he doesn’t expect any new measures from authorities.
“It is a very unfortunate situation and position because the leadership of the country has not been proactive about planning for transporting of whether it’s crude oil or refined petroleum,” Onyekpere said.
“The government is not known to think through issues, they just latch on when there’s a public outburst.”
The accident in Jigawa comes barely one month after another tanker exploded after it collided with a truck in Niger state, killing 48 people.
Tinubu has ordered the Federal Road Safety Corps, or FRSC, to strengthen enforcement of already existing road transport protocols, including regulations on night travels and official patrols.
Energy expert Chukudi Victor Odoeme said the new measures are welcome, but is skeptical about compliance.
“The federal government thinking at this point that it’s the time to put policies in place is a good one, but the only snag I see in this is compliance,” he said.
“It has to do with enforcement, it’s not actually about the laws. Load limits have always been there, but it has never been enforced. They have to do a lot of enforcement, I don’t think it’s in creating new policies.”
Nigeria’s 5,000 kilometers (3,100 miles) of oil pipelines are often prone to vandalism, and petrol suppliers mostly rely on tankers to transport fuel around the country. But due to poorly maintained roads and disregard for existing road measures, tanker accidents are common. Onyekpere said the government needs to repair and protect the pipelines.
“If those pipelines were secured and maintained, that would have been the cheapest and easiest way of transporting these things in such a manner that would not expose Nigerians to a lot of risk,” Onyekpere said.
In 2020, more than 500 people died from about 1,500 tanker accidents, according to the FRSC.
Source: https://energynewsafrica.com
Ghana: Former AOMC CEO Kwaku Agyemang-Duah To Be Buried Tomorrow
The former Chief Executive Officer of the Association of Oil Marketing Companies (AOMC) and Industry Co-ordinator, the late Kwaku Agyemang-Duah, will be laid to rest tomorrow, Saturday, October 19, 2024.
Mr Agyemang-Duah passed on in August this year after a short illness.
He death was a shock to several industry players in the petroleum downstream considering his worth of experience in the oil industry.
He will be laid-in-sate at the St. John the Evangelist Catholic Church, Adenta, in Accra, between 5 am and 8:45 am.
This will be followed by burial mass at the same venue from 9 am to 11 am.
The bereaved family will later in the day inter the mortal remains of the late Kwaku Agyemang-Duah at a private cemetery, Garden of Peace, at the Lashibi Funeral Home in West Tema.
Source: https://energynewsafrica.com
Ghana: Fuel Prices Shoot Up…Petrol Sells At GH¢14.50, Diesel GH¢14.95 Per Litre
Oil Marketing Companies in the Republic of Ghana have adjusted their pump prices for both petrol and diesel for the second pricing window of October, which runs from the 16th to the 31st of October 2024.
Some have adjusted petrol price by between Gh¢1 and 50 pesewas while diesel saw between Gh¢1 and 60 upward adjustment.
This follows the continuous depreciation of the local currency, the cedi, against major international currencies, especially the United States dollar, and the rising cost of refined petroleum products on the international market.
A litre of petrol sells between Gh¢13.99 and Gh¢14.58 per litre, while diesel sells between Gh¢14.15 and Gh¢14.95 per litre.
Unlike other parts of Africa where fuel prices are reviewed every month, in Ghana, fuel prices are reviewed every two weeks.
Currently, a US dollar is being exchanged for more than Gh¢16.
Currently, GOIL is selling petrol (Ron 91) at Gh¢14.49 per litre while petrol (Ron 95) is sold at Gh¢15.49, with diesel being sold at Gh¢14.90 per litre.
Shell is selling petrol at Gh¢14.58 per litre while diesel is sold at Gh¢14.95 per litre.
TotalEnergies is selling petrol at Gh¢14.50 while diesel is sold at Gh¢14.80 per litre.
Star Oil is selling petrol at Gh¢13.99 per litre while diesel is sold at Gh¢14.15 per litre.
Petrosol Ghana is selling petrol at Gh¢14.39 while diesel is sold at Gh¢14.69 per litre.
Zen Petroleum is selling petrol at Gh¢13.65 per litre while diesel is sold at Gh¢14.04 per litre.
Lucky Oil is selling petrol at Gh¢12.38 per litre while diesel is sold at Gh¢13.98 per litre.
Allied is selling petrol at Gh¢12.73 while diesel is sold at Gh¢13.73 per litre.
Pacific is selling petrol at Gh¢14.39 per litre while diesel is sold at Gh¢14.79 per litre.
Engen Ghana is selling petrol at Gh¢14.40 while diesel is sold at Gh¢14.80 per litre.
Benab is selling petrol at Gh¢13.99 while diesel is sold at Gh¢13.99 per litre.
Frimps is selling petrol at Gh¢14.06 while diesel is sold at Gh¢14.26 per litre.
Source: https://energynewsafrica.com
Tanzania: Gov’t Commits To Universal Electricity Access In Africa By 2030
Tanzania’s Deputy Prime Minister and Minister for Energy, Dr. Doto Biteko has assured that Tanzania is fully committed to supporting the realisation of universal electricity access in Africa by 2030.
Briefing journalists on the side-line of the 9th Africa Energy Market Place meeting in Dar es Salaam, Dr Biteko said the country will leverage on its excess power generation to complement neighbouring countries’ demand.
The government assurance echoes its on-going implementation of different major electricity projects including the Julius Nyerere Hydro Power Project (JNHPP), which upon completion will add 2115 Megawatts to the National Grid, significantly making the country attain energy self-sufficiency.
The 9th Africa Energy Market Place meeting which is co-organised by the government through the Ministry of Energy and the African Development Bank (AfDB) intends to boost the country’s effort to clean cooking and electricity access countrywide.
Dr Biteko said the meeting is part of the country’s preparation towards hosting the forthcoming Africa Heads of State Energy Compact Summit which will be held in the country in January, 2025 with the objective of raising about 190 billion US dollar (about 517.498tri/-) to provide electricity to 300 million people in the continent by 2030.
He said Tanzania has been picked by the AfDB to host the two-day 9th Africa Energy Market Place and the upcoming Africa Heads of State Energy Compact Summit due to the sixth-phase government’s strategy to rapidly extend electricity access to rural and peri-urban areas.
As a result, he said Tanzania offers best practice to other African countries when it comes to rural electrification by considering the fact that currently almost all villages are connected with electricity.
“The country stands as the role model when it comes to rural electrification in the continent. As we embark on ensuring 300 million people in Africa have access to power by 2030, Tanzania is at the driving seat of transformation by ensuring first it gets connected with neighbouring countries’ electricity infrastructure,” he said.
To advance universal electricity access in the continent, he said the country has been entering into partnership with neighbouring countries including Rwanda, Burundi, Uganda and Zambia to facilitate supply of electricity to them.
In another development, he said the government’s implementation of the National Clean Cooking Energy Strategy is on track with 400,000 subsidised gas cylinders set aside to be distributed across the country.
Under the National Clean Cooking Energy Strategy, the country targets to ensure 80 per cent of households use clean cooking energy by 2034 from the current approximately 10 per cent.
The clean cooking initiative also seeks to prevent deforestation thereby cutting carbon emission and conserving the environment by switching to eco-friendly cooking energy including gases and electricity. Dr Biteko requested the AfDB to support financially the Tanzania efforts to achieve its ambitious energy strategy.
For his part, the AfDB’s Vice-President of Energy, Power, Climate Change and Green Growth, Dr Kevin Kariuki assured Tanzania of the continental financial body’s back up to realise transition to clean cooking targets.
Dr Kariuki stated that the AfDB has selected Tanzania to host two energy events as a recognition of its ongoing efforts to modernise energy use, which positively impact not only the nation but the entire continent.
Earlier, during the panel discussion at the 9th Africa Energy Marketplace, the Permanent Secretary for the Ministry of Energy, Eng Felchesmi Mramba asked participants to share experiences, explore opportunities and forge partnerships that aim at simplifying the affordability and availability of clean cooking technologies in the country.
Source: https://energynewsafrica.com
Ghana: BOST Receives Continental Awards In Eswatini
Ghana’s Bulk Energy Storage and Transportation Company Limited (BOST) and its Managing Director, Dr Edwin Alfred Provencal, have been honoured at the prestigious 5th edition of the Africa Public Sector Conference and Awards (APSCA) 2024, held in Gaborone, Botswana (Eswatini).
The awards ceremony, aimed at recognising excellence in public service, saw BOST celebrated as one of Africa’s ‘Top 50 Innovative Public Sector Agencies’ in acknowledgement of its outstanding innovation and impact in delivering public services.
In addition to BOST’s recognition, the Managing Director, Dr Edwin Alfred Provencal, was bestowed with the esteemed title of ‘Transformational CEO of the Year’ for his steadfast commitment to driving positive change and innovation in the public sector.
Commenting on the awards, the Managing Director of BEST, Dr Edwin Alfred Nii Obodai Provencal, said, “This award spurs us on to do more for our dear nation. I’m aware that private sector’s pace of growth depends on the efficiency of government business, and looking at what we have achieved within 4-5 years, we are happy to be contributing both directly and indirectly to the fiscal regime in Ghana by powering the energy needs of the country.
“Personally, this award goes a long way to signal to me that YES, it is possible to do this across all the SOEs,” he stated.
Source: https://energynewsafrica.com