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Afroil Week 21 Issue 641 31•May•2016 Week 21 Hold up South Africa’s hopes to increase gas consumption will rely on LNG supplies in the near term. Forward Libya’s oil production is rising amid signs of a political thaw, although the role of General Khalifa Hifter remains a concern. Formation Structural issues in Nigeria have hamstrung accountability and transparency, the NEITI report on 2013 has revealed. Sandcastles Mozambique’s ENH has struck a co-operation deal with China but faces mounting internal problems and external financial pressure. AfrOil AfrOil Organised By: Cape Town, 31st October - 4th November 2016 Total E&P, Tullow Oil, ExxonMobil, BP plc, Ministry of Energy and Mineral Development - Uganda, Oando Energy Resources, Petroguin-EP, Petrosen, Pluspetrol, Eni Spa, Maersk Olie OG Gas A/S, FirstEnergy Capital LLP, Ministry of Petroleum, Energy & Mines - Mauritania, Agence de Gestion et de Coopération entre la Guinée-Bissau et le Sénégal, ONGC Videsh, Ministry of Mines & Petroleum - Ethiopia, PetroSA, Impact Oil & Gas, Bureau of Energy Resources / U.S. Department of State, Galp Energia, Richmond Energy Partners, SacOil Holdings, Lekoil, Shoreline Natural Resources, Moni Pulo Ltd, Rhino Resources, Petroleum Agency SA, JOGMEC, Velocys, Kalahari GeoEnergy Ltd, United Hydrocarbon International, FAR Limited, Shell International Exploration and Production, NVentures, Kosmos Energy, Mirabaud Securities, Stellar Energy Advisors, Moyes & Co Inc., Orient Energy Review, Ghana Oil & Gas Service Providers Association, Gulf Reservoir Modeling Technology, University of the Witwatersrand, International Trade & Development - UK, Danvic Petroleum International Corp., Sonangol, International Energy Solutions, Preng & Associates, Sound Oil, Monetizing Gas Africa Inc., Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Petroleum Training and Education Fund (PetroFund), Allen & Overy LLP, Engen Oil, Africa Fortesa Corp, Geological Bureau (Union des Comoros), T5 Oil & Gas, Ministry of Energy and Mines - Eritrea, Ambit Energy Corporation, Woodside Energy, OMV, Oil & Energy Services Ltd, South African National Energy Association, Tower Resources, CGG, Makerere University, ACAS Law, Ophir Energy plc, Manokore Attorneys, Fugro N.V., CMS Cameron Mckenna, African Institute of Petroleum, Svenska Petroleum Exploration, Africa Oil+Gas Report, Africa Oil Corp, Mitsui & Co, Ministry of Mines & Energy - Namibia, Petrolin Group, Instituto Nacional de Petróleo - Moçambique, ONHYM - Morocco, Upstream Oil & Gas Newspaper, Ministry of Energy and Petroleum - Kenya, Discover Exploration, RPS Energy, PGS, Ministry of Hydrocarobons - Republic of the Congo, Presidency of Mines and Petroleum - Madagascar, NAMCOR, Seplat, Aker Solutions, CNBC-TV Africa, ITE Group plc, Global Pacific & Partners Exclusive Media Broadcast Partner with onsite interviews and panel debates You’re only inside Africa’s oil and gas game, if you’re at Africa Upstream Lead Sponsor Titanium Sponsor Confirmed Sponsors 2016 P2 www.africa-oilweek.comwww.NEWSBASE.com Week 21 31•May•2016 AfrOil CONTENTS AfrOil www.NEWSBASE.com AfrOil Africa Oil & Gas Monitor COMMENTARY South Africa’s turn to gas 4 Africa’s new deal on energy 6 PIPELINES & TRANSPORT Libya’s eastern port resumes exports 7 INVESTMENT Sonatrach offers up compressor work 8 PERFORMANCE In Amenas to restart in late June 8 NEITI adds up 2013 discrepancies 9 Militant strikes hit terminals, Lagos water supplies 10 POLICY Tensions mount in Mozambique 11 PROJECTS & CompanIES Sasol spuds first well on Mozambique’s PSA 12 South Sudan plans restoration work 12 NEWS IN BRIEF 13 OUR CUStomerS 20 Have a question or comment? Contact the editor – Ed Reed ([email protected]) Copyright © 2016 NewsBase Ltd. All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its contents Week 21 31•May•2016 www.NEWSBASE.com P3 AfrOil COMMENTARY AfrOil South Africa’s turn to gas Delays in developing South Africa’s own gas resources, combined with low prices for LNG, make liquefied supplies a leading choice, writesNicholas Newman SOUTH AFRICA SOUTH Africa is in a bind. While the country power outages and the use of private generators. remains a leading light of the continent, it is los- WHAT: ing some of its standing and energy supplies are Obstacles Additional LNG supplies at least partly at fault. Coal meets three-quarters Three factors stand in the way of an immediate will prove attractive to of the country’s power needs, with the rest com- switch towards gas. The first is the shortage of South Africa’s import ing from diesel, renewables and gas. domestic gas supplies, which has forced South plans. Plans are afoot to change this, with gas Africa to rely on imported pipeline gas from intended to play an important role in meeting neighbouring Mozambique for 77% of its cur- WHY: this challenge. By 2025, South Africa aims to rent gas use. The country is taking retire 10 GW of coal-fired power capacity and The second, which is more time-consuming efforts to step up gas “gas will be a cornerstone of base-load power”, and expensive to fix, is the lack of a nationwide consumption. said South African Energy Minister Tina Joe- gas pipeline network. mat-Petterson in Parliament in September 2015. The third factor, the legislative environment, WHAT NEXT: Consequently, the Department of Energy is being addressed by the oil and gas component Supplies are likely to recently invited expressions of interest for the of the long- awaited Mineral and Petroleum come from the US, while construction of at least 3,126 MW of clean Resources Development Act (MPRDA) being Mozambique’s additions gas-fired power. separated out into a draft act that is expected to are facing challenges. The case for the government’s gas-to-power be passed in 2017. policy is strong, given its low price, its envi- ronmental benefits and the potential security Supply options of supply opportunities. There are several possibilities available to South Given this, it is unsurprising that the South Africa for ensuring greater gas supplies in African government, together with Eskom and the short, medium and long terms, including independent power producers (IPPs), including importing LNG by tanker, and exploring and petrochemical giant Sasol, is eager to encourage developing shale gas and offshore reserves, in gas-to-power developments in order to reduce addition to imports from Mozambique either by Power lines in Johannesburg Source: Ed Reed P4 www.NEWSBASE.com Week 21 31•May•2016 AfrOil COMMENTARY AfrOil pipeline or direct imports of LNG. Shell and Chevron – opting to withdraw from Importing LNG to increase supplies may projects in the Karoo. be the quickest and easiest option. “LNG is a cheaper and more flexible solution than the rival Offshore gas options since it can be sourced globally,” Stand- An outlier, under present conditions, is the dis- ard Bank’s Paul Eardley-Taylor has noted. covery of viable new domestic offshore gas fields. South Africa’s power supply problems are Despite some exploration activity, South Africa an opportunity for established LNG exporters is only at the beginning of the exploration cycle such as Qatar and rising star Australia, as well and it is unclear what resources may be available as the newest entrant, the US. Eardley-Taylor and at what price development could occur. said the US was the most likely source and Since 2012, leading industry participants there have been rumours of some interest in such as ExxonMobil, Eni, Anadarko Petro- supporting proposals from Cheniere Energy, leum, Shell, Statoil and Total have undertaken which began exporting gas from the US Gulf pre-drilling work off the western and southern Coast earlier this year. coasts of the Cape and Natal. However, even LNG is the feedstock of choice for IPPs, as assuming commercial gas discoveries are made, well as Sasol and Excelerate Energy, and indus- these assets would not be added to South Africa’s try insiders are confident that South Africa’s first gas balance until well into the next decade. IPP 3.1-GW power plant is likely to opt for an integrated LNG-to-power solution. Imports of Mozambique supplies LNG could begin as early as the end of 2018, There are proposals, led by South Africa’s SacOil with assessments of potential LNG import facil- Holdings, which is 42% owned by Africa’s larg- ities at Saldanha Bay, Coega and Richards Bay est pension fund, South Africa’s Public Invest- already under way by Transnet, the state-owned ment Corp. (PIC), to build a 2,600-km pipeline port, pipeline and railroad operator, according to from the Rovuma Basin gas fields of northern reports in Engineering News in May. Mozambique to Johannesburg at an estimated Indeed, the director for LNG development at cost of US$6 billion. Excelerate Energy, Gonzalo Ramirez, has sug- While the company has put forward its own gested a floating storage and regasification unit calculations, it seems likely that by the time the (FSRU) within two years. While the weakness gas arrives in Johannesburg it would be more of the rand could reduce South Africa’s buying expensive than the all-in cost of direct LNG power when sourcing LNG, the head of depart- deliveries to South African ports. In addition, ment at the IPP office, Karen Breytenbach, has this pipeline would only prove viable with the said this should not be a “big stumbling block”. development of a regional gas market. An alternative medium-term means of Shale of the Karoo increasing imports from gas-rich Mozambique A medium-term option is to explore and would be to sign up to become customers of Eni develop the 390 trillion cubic feet (11 trillion and Anadarko’s proposed LNG export plant. cubic metres) of shale gas that is estimated by the Should these plans be realised, Mozam- US Energy Information Administration (EIA) bique LNG could become available in 2021.
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