Tanzania: RSK Delivers HSSE Oversight For Puma Energy Tanzania’s CNG Project
Ghana: Energy Minister Visits NEDCo Over Unprovoked Attacks On Staff
Ghana: Reassigned Director Martin Sulemana Fingered In Unprovoked Assault On NEDCo Staff, Seized NEDCo Vehicles
Nigeria: Energy Sector Challenges: 5 Key Issues That Require Immediate Action
- PwC warned that 37 distinct state electricity laws could result in market distortions and unhealthy rivalry, disrupting the national market.
- Mondaq predicts multiple licensing across states would significantly increase operational delays and compliance costs for multi‑state GENCOs, DisCos, and IPPs.
- NERC’s own Legal Commissioner cautioned that lack of regulatory alignment could destabilize grid operations and drive away investors, especially when tariff orders conflict.
- Several analysts note that only a handful of states ever started serious regulatory work after NERC ceded authority. Others have yet to draft meter‑based tariffs, rules for theft reduction, or wholesale pricing mechanisms.
- During implementation forums, PwC advised caution—many states are yet to develop feasibility studies or invest required capital to set up regulatory agencies.
- Without engineers, economists, legal analysts and tariff n + 3 experts, State regulators risk becoming rubber stamps—or worse, vehicles for political rent‑seeking.
- With each state setting tariffs independently—some subsidizing, others cost‑reflecting—consumers in one border town could pay 60% more than their neighbor.
- There are no clear national guardrails: no standard subsidy policy, no mechanism to ensure lowest bands receive minimum access—even though Section 34 calls for inter‑state coordination.
- If high‑capacity industrial customers migrate to low‑tariff states, the fiscal load will fall on small //Band E// households, undermining equity.
- Dr. Idowu Oyebanjo argued that amendment attempts already created uncertainty—investors freeze when regulatory frameworks look unstable mid‑implementation.
- PwC and BusinessDay reports stressed that ambiguous rules across 36 regulators, unknown fees, and conflicting state laws make developers wary of committing capital.
- Nigeria’s grid collapsed ten times in 2024 due to underinvestment, vandalism, and aging lines—impacting multiple regions simultaneously.
- Without national coordination, asset transfer disputes (e.g. spanning multiple states) could paralyze planning and delay upgrades.
- The Transmission Service Provider (TSP) and NISO now exist—but federal authorities are still the gatekeeper of interstate wheeling and generation dispatch. In effect, States are regulators, not grid operators.
- Create a national template for SERCs, with mandatory minimum standards and mirror Sections of NERC’s Metering, Theft, and Tariff Code.
- Phase in decentralization slowly—only states that demonstrate readiness (financial plan, staffing, assets, analytics team) should assume regulation.
- Adopt regional regulators or consortiums (e.g. North‑West pooling)—to preserve economies of scale while allowing local flexibility.
- Harmonize wholesale pricing and cross‑border rules via NERC’s oversight of grid‑connected generators; prevent double licensing where investments cross state lines.
- Activate the Power Consumer Assistance Fund (PCAF) before removing subsidies, to cushion vulnerable consumers—already named in the electricity law but still dormant.
- Keep any amendment bill on hold until all State electricity laws are operational, with deep stakeholder consultation—not speeded legislation.
Russia’s Gasoline Prices Surge To Record High On Refinery Attacks
Russia’s domestic gasoline market is under mounting pressure, with prices hitting a new record high despite an emergency export ban aimed at stabilizing supply.
The price of Ai-95 gasoline surged past 77,000 rubles ($946.6) per ton on the St. Petersburg International Mercantile Exchange (SPIMEX) on August 4.
The latest spike follows Ukrainian drone strikes on August 2 that damaged multiple oil refineries across Russia, cutting processing capacity by around 40,000 tons of crude per day. Facilities in Ryazan, Penza, Samara, and Voronezh Oblasts were targeted, with the Ryazan refinery sustaining notable damage. Repairs could take anywhere from one to six months, industry sources say.
Moscow imposed a sweeping ban on gasoline exports on July 28, set to last until the end of August, in an effort to prevent fuel shortages and curb price increases. The Kremlin has used similar temporary restrictions multiple times in the past two years to safeguard domestic supply.
Despite the export ban, traders were warning just days before the record-breaking spike that the ban may not prevent shortages. Export volumes are far smaller than domestic consumption, meaning that redirecting them to the local market will have a limited impact.
Market participants expect state regulators to pressure oil companies to sell more domestically and delay planned maintenance. But even so, low domestic stocks, peak seasonal demand, and ongoing refinery repairs are straining the market.
The shortage concerns go beyond disrupted supply chains. According to industry sources, private retail networks have not built up sufficient fuel reserves this summer. A spike in interest rates to 20% made borrowing to stockpile gasoline prohibitively expensive, leaving traders without the buffer needed to weather sudden supply shocks.
In addition, frequent flight delays in Russia this summer have reportedly driven more travelers to take to the roads, pushing gasoline consumption higher than usual. The combination of low reserves and elevated demand has intensified fears that shortages will persist through September.
Ukraine’s strikes on Russian oil infrastructure are designed to limit Moscow’s fuel export revenues and disrupt supplies to its military. The damage from the latest attacks has added to the already fragile balance in the domestic fuel market.
Given that refinery repairs could extend into early 2026, the current supply squeeze is unlikely to be resolved quickly. Even with the export ban in place, the record price level strongly suggests the market is already grappling with real physical shortages rather than just speculative pressure.
Industry experts expect prices to remain elevated at least until October, when seasonal demand eases and local refineries complete major repairs. Until then, the Kremlin may be forced to consider additional interventions to avert a politically damaging fuel crisis.


