http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.71Change: -0.06
R/$ = 12.38Change: -0.07
Au 1172.65 $/ozChange: 3.85
Pt 1063.00 $/ozChange: -19.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 29, 2008

China oil co breaks ground on Chad, Niger refineries

Back
Africa|Export|Industrial|Mining|Petroleum|Africa|Energy|Power
Africa|Export|Industrial|Mining|Petroleum|Africa|Energy|Power
africa-company|export|industrial|mining|petroleum|africa|energy|power



State-owned China National Petroleum Corp (CNPC) broke ground for new oil refineries in Chad and neighbouring Niger this week, as the company boosts its ties with resource-rich countries in Africa.

The refineries will be the first in each of the landlocked African countries, which remain desperately poor but have seen their state incomes surge during the resource boom of recent years.

Chad struck oil in 2003, pumping it from southern oil fields via a 1 000-km pipeline through Cameroon. Niger has cashed in on soaring prices for its uranium exports, breaking a French mining monopoly to attract more foreign investors.

China has become a key investor in both countries.

CNCP struck a $5-billion deal with Niger's government in June to pump oil from the Agadem block within three years and build a 2 000-km pipeline to export it. Niger's southern neighbour, Nigeria, is Africa's top oil producer.

The deal, which included a 127-billion CFA franc signature bonus, also bound CNCP to build Niger's first refinery, for which Niger President Mamadou Tandja laid the foundation stone at a ceremony on Monday, state TV reported.

"We hope this will signify Niger joining the industrial revolution and mark the beginning of our energy independence," Niger Prime Minister Seyni Oumarou said in a speech at the ceremony. The speech was shown on television.

The refinery, 950 km east of Niger's capital Niamey in Ganaram, will be able to refine 20 000 barrels of oil a day - exceeding the country's current consumption of around 7,000 barrels. It is projected to take three years to build.

Across the border, CNCP laid the foundation stone for its new refinery in Chad's capital N'Djamena on Sunday.

The refinery is due to start refining 20,000 barrels a day (BPD) from 2011, rising later to 60 000 bpd. Chad currently produces 140 000-160 000 bpd of crude, which is all exported, and it has to import all its fuel requirements.

The Chad refinery plans include a power station which will provide around 20 MW of power to the capital, N'Djamena, increasing the country's installed capacity by approximately two-thirds, according to data from the US government's Energy Information Administration.

Edited by: Reuters
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 2 hours 51 minutes ago State-owned entity Transnet National Ports Authority (TNPA) has started the registration process for its integrated port management system (IPMS), which is scheduled to go live in the Port of Durban at the end of July. TNPA started issuing registration instructions...
Updated 3 hours ago The development of rural road infrastructure and public transport services remains critical to the delivery of South Africa’s – and other African States’ – developmenta agenda, requiring meticulous planning that ties in with the socioeconomic needs of the host...
Updated 3 hours ago South Africa-focused mineral explorer and developer White Rivers Exploration (WRE) has signed a memorandum of understanding (MoU) with Windfall Energy to facilitate the joint exploration and development of WRE’s Heilbron and Kroonstad gas assets in the Witwatersrand...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96