Via Oil & Gas Daily, a look at Africa’s longest oil pipeline project: Chinese and Nigerien workers haul giant steel pipes over mounds of earth as heavily armed soldiers keep guard. At Gaya in southwest Niger, near the border with Benin, the longest oil pipeline in Africa is being built. With a projected length of nearly […]
Read more »Courtesy of The Financial Times, an article on Indonesia’s plans to list a unit of its flagship oil group Pertamina this year: Indonesia plans to list a unit of its government-run oil group Pertamina this year, stepping up a partial privatisation push as part of reforms to its $606bn state-owned enterprise sector. The initial public offering […]
Read more »Via Times of Central Asia, the latest on a decades-long vision that seems unlikely to truly advance any time soon: Afghanistan’s Ministry of Foreign Affairs (MoFA) said that the delegation of the Islamic Emirate (Taliban-led Afghan government) on a visit to Turkmenistan reached agreements on important issues related to the TAPI (Turkmenistan, Afghanistan, Pakistan, India) […]
Read more »Via Bloomberg, a report on a potential $25B gas line from Nigeria to Morocco: An investment decision on a $25 billion gas pipeline from Nigeria to Morocco that could supply the fuel to Europe will be taken next year, the head of the West African nation’s state oil company said. The Nigerian National Petroleum Co. and Morocco’s […]
Read more »Via Bloomberg, a report that Ethiopia may allow overseas lenders to own up to 30% of local banks: Ethiopia plans to allow overseas lenders to acquire up to 30% in its commercial banks, the latest step by the government to encourage investment in one of Africa’s biggest economies. A draft by Ethiopia’s Council of Ministers […]
Read more »Via Foreign Policy, an article on a U.S.-brokered maritime border agreement that could have profound effects on the entire Middle East: Last month, we visited a Hezbollah tunnel on the Israeli-Lebanese border as part of a bipartisan group of Middle East experts. Dug almost a football field deep—with twisting staircases, advanced lighting, and oxygen cables—the tunnel’s […]
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