India: We’re Cautious On Privatising Bharat Petroleum Corp-Oil Minister

India’s Oil Minister, Dharmendra Pradhan says the country is treading very cautiously in its plan to privatise the state-run oil refinery, Bharat Petroleum Corp Ltd. India’s plan to sell its 53.29 percent stake in BPCL was first announced in November 2019, and is part of a broader programme to spin off or sell stakes in dozens of state-owned companies. India had planned to sell the stake by the end of the fiscal year to March 2021. “Bharat Petroleum divestment is very much on the card,” Pradhan said during a virtual energy conference.
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“But, we all will appreciate looking into the net worth and looking into the size…the government is treading very cautiously (on) how to offload (the stake) through (a) proper process,” he explained. BPCL’s shares have tumbled by about 38 percent from highs seen in November last year as fuel demand in India has been hit by restrictions imposed to stem the spread of the coronavirus. India’s demand for refined products is expected to rise, requiring a 40 percent increase in the country’s refining capacity to 350 million tonnes a year or seven million barrels per day (bpd) by 2030, Mr Pradhan said. India plans to build a 1.2 million bpd refinery and petrochemical plant on the country’s West coast through a joint venture made up of Indian state refiners, Saudi Aramco and Abu Dhabi National Oil Co. But, the project has been held up as the joint venture has not yet acquired land after protests from farmers. Mr Pradhan said the local issues impacting the project would be sorted out “very soon.” The Minister also said that the Federal Government planned to gradually end the subsidy on cooking gas.

Nigeria: Oil & Gas Earnings Hit N24 Trillion In 5yrs

Nigeria has raked in some N2.41 trillion in earnings from its oil and gas in the first half of 2020. This represents 8.7 percent below the N2.63 trillion recorded in the corresponding period of 2019. This brings the country’s total earnings from its mainstay of revenue in the past five years (2015-2019) to N24.1 trillion. According to data from the Central Bank of Nigeria, CBN, oil revenue in the first six months of 2020 accounted for 59.7 percent of gross federally-collected revenue of N4.03 trillion recorded in the same period. Month-on-month basis report explained that in January, February, March, April, May and June 2020, N527.18 billion, N405.33 billion, N454.34 billion, N284.04 billion and N281.97 billion were raked in respectively. Despite the challenging global economic headwinds, Nigeria earned N21.71 trillion from the oil and gas industry in five years, from 2015 to 2019.
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The revenue from the oil and gas sector comprised earnings from crude oil and gas exports, Petroleum Profit Tax, PPT, royalties and domestic crude oil sales. Oil earnings from 2015 to 2019 represented 60.25 percent of the combined budget figure for the same period. The average price of crude oil, which is one of the major drivers of the earnings for the five-year period, 2015 to 2019, was $55.32 per barrel, but the 2020 average has since dropped to $38. Giving a breakdown of the country’s oil earnings, the reports revealed that N3.83 trillion, N2.69 trillion, N4.1 trillion, N5.55 trillion and N5.54 trillion were recorded as oil revenue in 2015, 2016, 2017, 2018 and 2019 respectively. Source:www.energynewsafrica.com

Ghana: CEO Of Bui Power Authority Nominated For Awards

The Chief Executive Officer of Ghana’s second largest state power generation company, Bui Power Authority (BPA), Fred Oware, has been nominated for two awards at the Ghana Energy Awards scheduled for October 30, 2020. Mr Oware has been nominated for the Energy Personality of the Year award, as well as the CEO of the Year, for the power sector category. The Bui Power Authority, which Mr Oware heads, has also been nominated for four categories of award. The Authority has been nominated for Corporate Social Responsibility of the Year, Excellence in Power Generation, Clean Energy Institution of the Year and Renewable Energy. Early this year, BPA cut sod for the construction of 50MW solar power plant at Bui in the Savannah Region. The 50MW solar power park, which is situated on 200 acres of land (equivalent of 151 football pitch), is in two phases. Energynewsafrica.com understands the first phase, which is more than 10MW, has been completed and is expected to be commissioned next month.

South Africa Looks To Becoming A Global Gas Market Player

South Africa’s Minister for Energy and Mineral Resources, Gwede Mantashe says his country is positioning itself as a serious player in the global gas market. In this regard, Mr. Mantashe said a Gas Amendment Bill will be tabled in Parliament, in line with the appropriate legislative process. The Bill aims to, among others, attract infrastructure investment for LNG imports, increase exploration, create domestic gas feedstock, diversify the energy mix and reduce carbon emissions. Gwede Mantashe disclosed this at the opening of the Africa Oil Week 2020 Conference which was held virtual in Cape Town, South Africa, due to the coronavirus pandemic. “We will promote the development of a domestic regional gas market. We continue to advance our gas to power projects with Coega Special Econonic Zone (SEZ) identified as the first Liquified Natural Gas (LNG) import terminal. This lays a foundation for gas to power plants and converting existing power plants from diesel to gas,” he observed. Present and future gas discoveries in South Africa, the Minister mentioned, should find their way to their power plants and other petrochemical facilities. This, he maintained, would reduce the importation of beneficiated hydrocarbons. To this end, he noted that a technical working group that would produce a commercial business plan for the development of the LNG import-export facilities across various ports of South Africa has been established. Liquified Petroluem Gas (LPG), the South African Minerals Resources and Energy Minister opined, is an efficient form of energy for cooking, space heating and water heating, yet its contribution remains to be below par. He added: “Integral to LPG Expansion Initiative, we have targetted to double LPG consumption over the next five years. Also, we will localise the manufacturing of gas cylinders and appliances.” He also mentioned that the South African 2020 Gas Master Plan was being developed, explaining that it would consolidate their participation in the development of the SADC Regional Master Plan aimed at strengthening regional co-operation in the creation of a regional gas market. “Against this backdrop, the military insurgency in the gas rich part of Mozambique concerns us. A solution to bring stability in the affected areas must be found urgently,” he further stated. Source:www.energynewsafrica.com

Ghana: VRA To Install Rooftop Solar System On Lawra Municipal Hospital, Others

The Lawra Municipal Hospital and the Municipal Police Command, as well as the Lawra Paramount Chief’s Palace in the Upper West Region of the Republic of Ghana will soon be installed with rooftop solar system. The Municipal Hospital will have a 45kWp solar rooftop system, with the Municipal Police command having 15kWp solar rooftop.
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The Lawra Chief’s Palace will be have an installation of 17.5kWp standalone solar rooftop system. This will be done by Ghana’s largest power generation company, Volta River Authority (VRA), in partnership with Spanish Electrical company, Elecnor S.A. The Board Chairman of VRA, Kweku Andoh Awotwi, who disclosed this during the commissioning of 6.54MWp solar power plant in Lawra in the Upper West Region, explained that the initiative formed part of the VRA’s Corporate Social Responsibility (CSR) to give back to the people in the Upper West. Source:www.energynewsafrica.com

Ghana: PURC Commissions Energy Test Meter Laboratory In Accra (Photos+Video)

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Ghana’s utilities regulator, Public Utilities Regulatory Commission (PURC), has commissioned energy test meter laboratory at its head office in Accra, capital of Ghana. The laboratory, which cost the Commission some $150,000, is equipped with state-of-the-art stationary reference meter test bench which can test up to five electricity meters simultaneously. The facility has the capacity to test both single and three-phase meters. Speaking at the commissioning of the facility, Executive Secretary of PURC, Mrs Mami Dufie Ofori said the energy test meter laboratory would help the Commission to improve on its monitoring of quality of service and also assess the integrity of meters used by regulated electric utilities. She added that it would help the Commission to conduct insulation resistance test, high voltage test, creep/no load test, meter constant test, meter accuracy test, voltage variation test, frequency variation test and repeatability test. Mrs Dufie Ofori, who recounted the difficulties the Commission had to go through using portable meter test equipment to undertake regulatory functions of resolving complaints bordering on meter accuracies and billing, expressed confidence that with the new laboratory, the Commission would be able to resolve such complaints promptly. “It will ensure that energy meters being used by regulated utilities are efficient and fall within appropriate accuracy limit. Furthermore, it will enable the Commission to carry out random meter sampling tests and assert its independence and impartiality in carrying out its regulated functions.” She commended the contractor, Alpha TND, an Indian company, for working hard despite the coronavirus pandemic to ensure that the project was completed. Alpha TND Ltd is one of the leading product & solution providers in Power Transmission & Distribution Sector with its firm footprints in West Africa. Alpha TND is an ISO certified company and has executed meter testing facility for ECG and NEDCo in Ghana, Togo, Benin, Burkina Faso and Mali. Source: www.energynewsafrica.com

Ghana: ACEP Launches Contract Monitoring Platform

The Africa Centre for Energy Policy (ACEP), an energy think tank in the Republic of Ghana, has identified gaps in the enforcement of Ghana’s petroleum agreement. According to ACEP, these gaps have been a major setback for the West African nation’s petroleum and mineral resources contracts. This came to light at the launch of the Petroleum Contracts Platform by the Head of Policy Unit at ACEP Ms. Pauline Anaman, in Accra, capital of Ghana. The report said evidence pointed to poor due diligence done on the financial and technical competences of companies during contract award processes; governments’ failure to strictly enforce contractual terms and impose sanctions upon breach and lack of relevant public data on performance of such companies to aid civil society and interested parties to track their performances in the sector. “Sadly, ACEP’s 2019 update of contract monitor revealed no significant improvements from 2017 findings. Only two companies graduated into the compliance bracket. Companies have failed to deliver on their contractual obligations due to lack of competition for blocks (all contracts monitored were granted based on the open-door policy); weak parliamentary oversight; poor track record of some companies; and political patronage of the inefficiencies we see,” it stressed. ACEP has, therefore, urged the government to review existing petroleum agreements and sanction non-compliant contracts in the sector to engender efficiency. “At this point, let me commend the leadership of the Petroleum Commission for taking this project seriously by providing ACEP with every collaborative support to this day. We are also grateful to STAAC for funding ACEP’s initiative to support the government’s efforts in ensuring obligations in upstream oil and gas industry,” the report noted. The report said the Ghana Contract Monitor is a representation of how far Ghana has come from the abyss of extractive contract transparency, adding that it was not enough in the wake of an era of open contracting. ACEP intends to expand the scope of the Ghana Contract Monitor Platform to cover a century-old mining industry to legalise and implement international best practices on open contracting that achieves good accountability results at every stage of the mining value chain for meaningful development outcomes. “I must emphasise that the Ghana Contract Monitoring Platform was designed with every person living in Ghana in mind. We are resolute in our drive for disability inclusion in the resources sector and have made this platform friendly for the blind with text to speech features,” she observed. ACEP, therefore, urged the media and Ghanaians to be actively interested in accessing information that empowers their minds and amplifies their voices to demand transparency and accountability in the extractive industry. The Ghana Contract Monitor Platform is an online tool that provides updates on work of non-producing extractive sector companies that have valid agreements with the Government of Ghana to explore, develop and produce petroleum and mineral. Source:www.energynewsafrica.com

Electric Vehicle Market Hits New Milestone

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U.S. electric vehicle maker Tesla has announced that it will release its Full Self-Driving (FSD) beta version to a limited number of customers next week, as promised, Elon Musk said on Monday. “Limited FSD beta releasing on Tuesday next week, as promised. This will, at first, be limited to a small number of people who are expert & careful drivers,” Musk said in a tweet, according to Oilprice.com. During Tesla’s Battery Day on September 22, Musk said: “I think we’ll hopefully release a private beta of Autopilot, of the full self-driving version of Autopilot in, I think, a month or so, and then people will really understand just the magnitude of the change.” The date is now confirmed for October 20, according to Musk’s tweet today. Last week, commenting on Waymo’s autonomous driving capabilities, Musk said, “Waymo is impressive, but a highly specialized solution. The Tesla approach is a general solution. The latest build is capable of zero intervention drives. Will release limited beta in a few weeks.” Apart from working on software, Tesla plans to further accelerate production and lead a global EV surge. The U.S. company is reportedly looking to invest in more nickel supply. Tesla has contacted Indonesia informally about the possibility of an investment in the country, which is a major producer of the battery metal nickel, a senior Indonesian official said last week. “We need further discussion with Tesla,” Reuters quoted Ayodhia Kalake, a senior official at the Coordinating Ministry for Maritime and Investment, as saying. Tesla wants to ramp up production of batteries as it increases EV production and models, and Musk has recently pleaded with nickel miners to produce more nickel, which would support the global expansion of batteries and EVs. “Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way. So hopefully, this message goes out to all mining companies,” Musk said on the Q2 earnings call at the end of July.

Mozambique: Africa Oil & Power Unites Mozambique Pro-Gas Alliance For Gas & Power 2021 Event

Africa Oil & Power has united an alliance of investment groups and natural gas advocates for its Mozambique Gas & Power 2021 event in March next year. This week, the conference confirmed the Mozambican Oil & Gas Chamber (CPGM) as a key partner, joining the Ministry of Mineral Resources and Energy (MIREME) and the African Energy Chamber as leading partners of the event. “Mozambique’s natural gas is a resource that can support massive growth in our economy, and has already successfully brought global investment into our country. Mozambique is actively creating the enabling environment for investment in all sectors of the economy, with our natural gas reserves as a foundation and catalyst for local capacity building. This will give investors the confidence they need to join with us to build a stronger economy as we emerge from COVID-19,” said Florival Mucave, Chairman of the Mozambican Oil & Gas Chamber.
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The chamber was established in January 2020 with a mandate to build industry networks and support national companies, in large part through training, certification, knowledge transfer and technology. It will also set up a platform to assist companies in providing goods and services in Mozambique. Mozambique Gas & Power 2021 will take place on March 8-9 in Mozambique (venue to be announced) under the theme ‘Leveraging LNG: Building a Prosperous Mozambique’. Home to Africa’s largest ever foreign direct investment project, Mozambique LNG, the nation is set to be transformed by its natural gas finds and their development. In addition to Mozambique LNG (operated by Total), additional production and processing projects Rovuma LNG (led by ExxonMobil and Eni) and Coral FLNG (led by Eni) are underway, with the Coral floating LNG unit expecting first production in 2022. Honoring the leadership of H.E. President of Mozambique Filipe Nyusi, Africa Oil & Power earlier this month named the President its ‘Person of the Year’. The award recognizes Mozambique’s great strides forward in attracting investment and setting up the framework for the natural gas industry to grow, providing opportunity for international investors, the Mozambican people and local businesses. “Gas is a transformative fuel and we see great positive change ahead for Mozambique,” said Mucave. “It is an honor to see the President’s efforts being recognized by Africa Oil & Power, but we also know that there is much work ahead to realize the full potential of our resources, and the Mozambique Gas & Power event and investment drive will be an important part of that.” Mozambique Gas & Power will take place on 8-9 March 2021 and online registration is open at www.MozambiqueGasAndPower.com. Organizer Africa Oil & Power invites interested potential partners to contact International Conference Director Sandra Jeque at [email protected]. If your organization would like to learn more about sponsoring or exhibiting at MGP 2021, please contact [email protected].

India: Massive Power Outage Leaves Trains Stuck On Tracks In Mumbai

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Train services came to a halt, homes and businesses were without electricity and people sweltered in humid heat as a grid failure resulted in massive power outages across Mumbai on Monday. As the day progressed, power restorations efforts began on “war footing”. Railway services across city on the Western Railway and Central Railway came to a grinding halt at 1005 hrs as a result of the power outage, with both the networks blaming power cut from Tata Power (their power supplier) for it. State’s Power Minister Nitin Raut said the trouble emanated from Maharashtra State Electricity Transmission Company (MSETCL) facilities during a planned maintenance work.
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Tata Power, which is into both generation and distribution, attributed the power outage to a simultaneous substation tripping at 1010 hrs at state-run transmission company MSETCL’s two substations in the suburbs of Kalwa and Kharghar. Raut said power supply will resume soon, as officials were working on it on a war footing. As the afternoon progressed, power at many pockets including the Bandra Kurla Complex business district, Lower Parel and South Mumbai started resuming. With work-from-home (WFH) becoming the norm across vital industries like banking, finance and information technology, employee output was also impacted as the residences do not have electricity backup in a city which generally has stable power. Source:www.energynewsafrica.com

Nigeria: New Electricity Tariff Suspension Extended By One Week

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The Federal Government of Nigeria and the organised labour have resolved to extend the suspension of the new electricity tariffs by one more week. This is to enable the review technical committee to work out modalities for the implementation of the agreement reached on the electricity tariffs structure, as well as address some grey areas of the report. This was part of the decisions reached at the meeting between the Federal Government and organised labour at the Presidential Villa in Abuja, capital of Nigeria. Speaking about the extension, Chairman of the Nigeria Electricity Regulatory Commission (NERC), Prof James Momoh said NERC was committed to ensuring that the power sector works no matter what it would take. The Minister of State for Power, Prince Goddy Jedy-Agba said one million meters were already available and that distributions would start within the week.
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He disclosed that the distribution would be completed before December. The resolution read by the Chairman of the Technical Committee and Minister of State for Labour and Employment, Festus Keyamo said: “The committee adopted a two-phase approach to proffer solutions that would help resolve issues affecting the sector in the medium term while providing relief to customers immediately. “The immediate relief would be provided to citizens for a two to three-month period (not later than December 31, 2020), being the timeline for the conclusion of an extended scope of work for the Technical Committee.” Some of the issues to address include a timeline for the distribution of the six million electricity meters being pledged by the government as part of the palliative deal. In the report of the committee, the Federal Government accepted to procure six million meters to be distributed by the Discos to electricity consumers without metres. It said: “Six million meters will only be through local meter manufacturers and assemblers and will be targeted at creating local jobs and a new meter manufacturing sub-sector in the country.” The report also provided for salary protection for electricity workers. It said that the government would ensure that the salaries for electricity workers were protected in the revised payment waterfall structure. The report further stated: “Mandatory monthly publication by Nigeria Electricity Regulatory Commission (NERC) of allowed billings in Naira for unmetered customers to make the capping regulation more effective. “NERC will publish maximum charges in Naira for consumers without meters (in support of the capping regulation); freezing of customer band migration during the interim period in order to protect customers from changes in tariff during the two to three-month period of review by the Joint Technical Committee.” The report said that Discos would be directed to temporarily suspend customer band migration. “This means that while Discos are expected to fulfill their Performance Improvement Plans (PIP), thereby, improving the quality of service to customers, no added charges will be passed on to customers during this period. This measure is aimed at building confidence in the Service-based Tariff structure.” Other aspects of the technical committee’s report include the inclusion of labour representation in NERC, extensive review of key sector reforms, ground Audit of implementation across Discos, review of monitoring and evaluation mechanisms set up by NERC and the Discos. Others are gas pricing, review mechanisms for pricing the domestic supply obligation (DSO) and the foreign exchange component(s), decentralisation of the grid. The government is to explore ways to accelerate investment and bring more players into the sector, drive investment and reduce costs for end-users. Options should be in addition to the franchising and mini-grid regulations. On the issue of import duty waivers for the electricity sector, the committee was mandated to investigate and recommend ways for the electricity sector to receive incentives that would reduce costs across the value chain that would impact on tariff. Organised labour, led by the President of the Nigeria Labour Congress, (NLC), Ayuba Wabba, and Trade Union Congress (TUC), Quadri Olaleye, demanded an inclusion of timelines for the implementation of the report. They insisted that there should be a timeline for the distribution of the six million meters promised by the Federal Government. Mr Olaleye sought to know what the Federal Government would do with the N1.7 billion it said would be saved daily from the removal of subsidy on electricity tariff.

BP Launches Ghazeer In Oman

BP has started up the second phase of its gas operations in Oman, with the launch of the Ghazeer project. The company had expected to reach first gas at the field in 2021 but has brought the 0.5 billion cubic feet per day project on line four months ahead of schedule. BP approved Ghazeer in April 2018. “This is another example of our business performing while transforming. This underpins our financial framework and is absolutely central to BP. The hydrocarbon business provides funding for low carbon business and is absolutely aligned with our net zero plans,” energyvoice.com quoted BP’s executive vice president of production and operations Gordon Birrell saying in an interview.

ENGIE Appoints Gillian-Alexandre Huart As CEO For Africa Business Unit

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Global power producer ENGIE has appointed Gillian-Alexandre Huart as Chief Executive Officer(CEO) of ENGIE Energy Access, its access to energy business in Africa tasked with providing millions of households and businesses across the continent with clean and affordable energy. The group launched its Access to Energy (A2E) strategy in 2018, in line with the ambition of expanding its African footprint. The strategy has now evolved into a fully-fledged business with the successful integration of solar home system companies Fenix International and ENGIE Mobisol, and mini-grids provider ENGIE PowerCorner, under one entity and one name – ENGIE Energy Access. The integration places the business as one of the leading off-grid, Pay-As-You-Go (PAYGo) solar and mini-grid solutions providers in Africa with a presence in Uganda, Zambia, Kenya, Tanzania, Rwanda, Nigeria, Benin, Côte d’Ivoire and Mozambique. Prior to this appointment, Huart was the managing director for EMEAI (Europe, Middle East, Africa and India) at ENGIE Impact. He began his career as a consultant with Accenture before joining the group in 2002.
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In his new role he will be responsible for driving ENGIE’s ambitious goal of maintaining market leadership and providing long-term impact on the lives of Africans. Huart: “I am honoured and motivated to be leading a business with a mission that is key for ENGIE. Over 600 million people in sub-Saharan Africa lack access to electricity and we have an important role to play in addressing this gap. “With the integration of the three companies, we are now able to serve our customers according to their specific energy needs – from basic lighting and phone charging, to more advanced systems for households all the way to powering productive use equipment to promote entrepreneurship and boost economic activity in rural communities” Huart added. Universal electrification is the seventh of the United Nations Sustainable Development Goals that the global community has committed to achieve by 2030. ENGIE says it is confident that universal access to energy is achievable in the foreseeable future, through smart investments in a combination of national grid extension, solar home systems and mini-grids.

Ghana Energy Awards Nominees’ List Out With New Entrants

Organisers of the prestigious Ghana Energy Awards have released the list of nominees for the 4th Edition of the prestigious annual event for Ghana’s energy sector. Featured in the list are top players in the country’s power, petroleum and renewable energy subsectors vying for the number one spot in each of the 14 competitive categories. Competition is tight for all the awards categories including the apex Energy Personality of the Year, Chief Executive of the Year, Energy Company of the Year, Innovation Project of the Year, Rising Star, Energy Reporter of the Year, and many more. Under the auspices of the Ministry of Energy and the World Energy Council Ghana, this industry-based awards scheme is aimed at recognising excellence and impactful innovation within the energy sector. This year’s event is under the theme: ‘Excelling in Crisis: The Energy Sector in a Covid-19 Era’. It is organised by the Energy Media Group, in collaboration with CH-Business Consulting Ghana. The 2020 Ghana Energy Awards is happening on Friday October 30, 2020, at the Movenpick Ambassador Hotel, Accra at 6:30pm. Special Guest of Honour for the night is the Honourable Minister for Energy, John-Peter Amewu. Industry partners for this initiative are the Bui Power Authority, Ghana Grid Company, Ghana Gas, Volta River Authority, Energy Commission, Menergy Technologies, Chamber of Bulk Oil Distributors, ECG, PURC, Association of Oil Marketing Companies and COPEC Ghana. Validation is done by MAZARS Ghana. For tickets and sponsorship, contact: +233 55 930 0631 and +233 54 155 5561. Also, send your enquiries to [email protected] Below is the list of the nominees: