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Mozambique to start commercial oil production in 2014

Story by OilreviewAfrica Sasol Petroleum International has announced that Mozambique’s first commercial production and sale of crude oil will commence in 2014 from an inland oilfield at Inhassoro The African explorer has already conducted extended well testing on the Inhassoro oil rim and produced over 236,000 barrels of light oil until the end of March …

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Kenya asked not to brush aside oil marketers’ storage claims

Story courtesy of The Standard The debate pitting marketers against the ministry of Energy and Petroleum and Kenya Pipeline Company is not healthy. Worse, the country risks paying a heavy price in the event that the oil marketers are right in their assertions that dozens of speculators have invaded the petroleum market, taking up much …

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Kenyan oil industry faces infrastructure, capacity challenges

Recent petroleum finds in Kenya’s arid and underdeveloped north have caused excitement, but even if commercial production goes ahead, major challenges remain. Kenya will need to invest in human resources, manage often unrealistic expectations and beef up infrastructure, preferably in conjunction with its neighbours, experts say. East Africa has long lagged behind the west of …

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Libya oil output at 224,000 bpd, exports 130,000 bpd-govt

Courtesy: Reuters Libya currently produces around 224,000 barrels per day (bpd) of oil, almost half of which is used to feed its Zawiya refinery, leaving exports at around 130,000 bpd, the country’s deputy oil minister said on Monday. A mix of militias, tribesmen and political minorities demanding a greater share of Libya’s oil wealth and …

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