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October 22, 2018

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Congo Sets Deadline for Plan on 11,000-Megawatt Hydro Plant

InfrastructureBy adminOctober 22, 2018

The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant. The government signed an accord with Chinese and Spanish consortia this week to advance the 11,000-megawatt facility, the first time it’s formally appointed entities to draw…

Oil Traders Consider Nigerian Proposal to Prolong Fuels Swap

Mining & EnergyBy adminOctober 22, 2018

At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program until the middle of next year, people familiar with the matter said. Extending the swap would allow the West African country to ensure a vital, steady inflow of products like gasoline…

Tanzania cleverly uses military in construction of $1.92bn railway being built by Turkish firm

InfrastructureBy adminOctober 22, 2018

Tanzania recently awarded a $1.92 billion contract to Turkish firm, Yapi Merkezi, to design and construct a 422-km (262-mile) high-speed electric railway line which is part of a major 2,561 km network project that will connect the east of the country to the north. However, the government has involved the military in the construction of…

Tanzania cleverly uses military in construction of $1.92bn railway being built by Turkish firm

InfrastructureBy adminOctober 22, 2018

Tanzania recently awarded a $1.92 billion contract to Turkish firm, Yapi Merkezi, to design and construct a 422-km (262-mile) high-speed electric railway line which is part of a major 2,561 km network project that will connect the east of the country to the north. However, the government has involved the military in the construction of…

Japanese company signs deal for Mozambican gas

InfrastructureBy adminOctober 22, 2018

The Japanese company Tohoku Electric said on Monday it has signed a sales and purchase agreement to buy up to 280,000 metric tonnes a year of liquefied natural gas (LNG) a year from Mozambique. The gas will come from the LNG project developed by the consortium headed by the US company Anadarko in the northern…

Japanese company signs deal for Mozambican gas

InfrastructureBy adminOctober 22, 2018

The Japanese company Tohoku Electric said on Monday it has signed a sales and purchase agreement to buy up to 280,000 metric tonnes a year of liquefied natural gas (LNG) a year from Mozambique. The gas will come from the LNG project developed by the consortium headed by the US company Anadarko in the northern…

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