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Kenya oil product imports likely to hit record, offset tepid Asia demand

SINGAPORE – Kenya is set to import record volumes of oil products in May as its economy gathers steam, soaking up some of Asia’s excess supply and helping put a floor under refining margins. Industrial expansion and a growing fleet of automobiles in a region that lacks refining capacity have stoked East African appetite for oil product imports, with relatively ...

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In Ukraine Crisis Wake: Geopolitics and a case for European LNG import terminals

Jared Anderson | Breaking Energy The global LNG supply options are broadening with new LNG export projects – both under construction and proposed – mushrooming especially in Australia, the US, Canada, Papua New Guinea, Mozambique, Tanzania et cetera. Conceivably, a severe competition in the global LNG market is in the not so distant future. What impact this “golden age of ...

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Natural gas fuels Tanzanian growth

Zachary Toliver | Shale Plays Media In America, natural gas may have an arguable economic worth. Yet in the African country of Tanzania, natural gas consumption is saving the country hundreds of millions of dollars. All Africa reports that over the past ten years, revenues accumulated from natural gas use totals $265 million. Due to the reduction of imported fuels ...

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