{"id":1084,"date":"2014-05-23T16:06:34","date_gmt":"2014-05-23T13:06:34","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1084"},"modified":"2015-09-04T09:20:57","modified_gmt":"2015-09-04T09:20:57","slug":"madagascars-tsimiroro-crude-oil-sales-to-commence-this-quarter","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/madagascars-tsimiroro-crude-oil-sales-to-commence-this-quarter\/","title":{"rendered":"Madagascar’s Tsimiroro crude oil sales to commence this quarter"},"content":{"rendered":"

[twitter-follow screen_name=’oilnewskenya’]<\/span><\/p>\n

Madagascar Oil\u00a0has announced it\u00a0has been advised, via a “Communique de Presse: Conseil des Ministres” that the decree approving test sales of Tsimiroro crude oil in the local market was approved at a meeting of the Council of Ministers on 21 May 2014.<\/p>\n

The decree was presented by the Minister at the Presidency in charge of Strategic Resources and a copy of the decree, issued by the Secretary General of the Government, confirming the Communique is expected to be received by the Company within the next few weeks.<\/p>\n

It is intended that test sales of, in aggregate, between 55,000 and 73,000 barrels of Tsimiroro crude oil will commence in the second half of 2014 and will last for a period of up to six months under the terms of the current exploration licence.<\/p>\n

This would be the first market test of crude oil produced within Madagascar, with sales due to commence after the conclusion of a tender process involving oil marketing companies currently operating in Madagascar.<\/p>\n

“Madagascar Oil is extremely grateful to the Government of Madagascar for their ongoing support.\u00a0 The comments made at the recent joint press conference involving the Minister of Strategic Resources, confirmed that our progress on the Tsimiroro Field appraisal has been achieved through a strong collaborative relationship with Government agencies.\u00a0It is clear that Tsimiroro is a project of national importance and we are honoured to be working to a common purpose with the Government and people of Madagascar,” says Stewart Ahmed,\u00a0Madagascar Oil S.A. General Manager.<\/p>\n

This test is designed to establish Tsimiroro crude as a blended heavy fuel oil substitute in the local market, mainly for power generation purposes with currently stored oil volumes being initially made available for blending.<\/p>\n

The test will also provide valuable input to development planning activities, which include sales to the local Madagascar market. \u00a0A new purpose built facility for custody transfer, blending and truck loading has been built at the Tsimiroro Steam Flood Pilot by Madagascar Oil SA for this test period.<\/p>\n

As at 20 May 2014, cumulative oil production from the SFP, which commenced on 28 April 2013, was 90,789 barrels of oil of which 51,870 barrels of oil are stored in the Tsimiroro SFP Storage Tanks. \u00a0The remainder of the oil has been used for fuel for steam generation since the start-up of SFP operations. \u00a0Oil production rates in 2014 from the SFP have averaged 395 barrels of oil per day to the end of April 2014.<\/p>\n

“We are very pleased to have obtained approval for the sale of test crude from Tsimiroro into the domestic Madagascar market.\u00a0 Following the recent declaration of commerciality, this is another important step for the Company and is further evidence of the momentum building behind our project,\u201d \u00a0Ahmed concluded.<\/p>\n

[twitter-follow screen_name=’oilnewskenya’]<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

[twitter-follow screen_name=’oilnewskenya’] Madagascar Oil\u00a0has announced it\u00a0has been advised, via a “Communique de Presse: Conseil des Ministres” that the decree approving test sales of Tsimiroro crude oil in the local market … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[1470,1471,1472,2411,2561],"class_list":["post-1084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-madagascar","tag-madagascar-oil","tag-madagascar-oil-s-a","tag-stewart-ahmed","tag-tsimiroro","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/madagascar.jpg?fit=502%2C674&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-hu","jetpack-related-posts":[{"id":1002,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-declares-block-3104-tsimiroro-commercially-viable\/","url_meta":{"origin":1084,"position":0},"title":"Madagascar Oil Declares Block 3104 Tsimiroro commercially viable","author":"Samuel Kamau Mbote","date":"May 9, 2014","format":false,"excerpt":"Madagascar Oil\u00a0has announced it\u00a0has determined that the\u00a0Block 3104 Tsimiroro discovery\u00a0is a 'Commercial Discovery', under the terms of the Production Sharing Contract between OMNIS and Madagascar Oil S.A. 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Declaration of Commerciality and Field Development Planning The\u00a0Tsimiroro Oil Field, the Group\u2019s flagship asset, is a giant heavy oil field in western\u2026","rel":"","context":"In "New Discoveries"","block_context":{"text":"New Discoveries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/new-discoveries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/madagascar.jpg?fit=502%2C674&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2814,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-award-development-mining-title-block-3104\/","url_meta":{"origin":1084,"position":1},"title":"Madagascar Oil Award Of The Development Mining Title For The Block 3104","author":"","date":"April 16, 2015","format":false,"excerpt":"Madagascar Oil\u00a0 has confirmed the award of the Development Mining Title for the Block 3104 Tsimiroro Production Sharing Contract by the President of Madagascar, H.E.Hery Rajaonarimampianina,\u00a0following a joint proposal by the Minister at the Presidency in charge of Mines and Petroleum and the General Manager of OMNIS (Office des Mines\u2026","rel":"","context":"In \"Block 3104\"","block_context":{"text":"Block 3104","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/block-3104\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12727,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-madagascar-oil-sa-to-supply-heavy-oil-locally\/","url_meta":{"origin":1084,"position":2},"title":"MADAGASCAR: Madagascar Oil SA to Supply Heavy Oil Locally","author":"","date":"October 14, 2022","format":false,"excerpt":"One of Madagascar's main enterprises, located in the Vakinankaratra region, has inked contracts with Madagascar Oil SA, which manages the Tsimiroro Oil block 3104, to receive heavy oil. The company's decision to focus on the neighborhood market is consistent with its dedication to promoting employment and the local and national\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Madagascar.gif?fit=756%2C1049&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Madagascar.gif?fit=756%2C1049&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Madagascar.gif?fit=756%2C1049&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Madagascar.gif?fit=756%2C1049&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1962,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-submits-the-block-3104-tsimiroro-development-plan\/","url_meta":{"origin":1084,"position":3},"title":"Madagascar Oil submits the Block 3104 Tsimiroro Development Plan","author":"Samuel Kamau Mbote","date":"October 28, 2014","format":false,"excerpt":"Madagascar Oil has announced that the Block 3104 Tsimiroro Development Plan (TDP) has been submitted to the Executive Committee, ahead of the 4 November 2014 deadline set by the production sharing contract in respect of Block 3104. The submission of the TDP follows regular working group meetings with OMNIS, to\u2026","rel":"","context":"In "Elsewhere in Africa"","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/10\/block-3104.jpg?fit=490%2C662&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2656,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-s-provides-operational-development-planning-update\/","url_meta":{"origin":1084,"position":4},"title":"Madagascar Oil S.A provides Operational & Development Planning Update","author":"","date":"March 3, 2015","format":false,"excerpt":"Madagascar Oil S.A (MOSA) has announced that it continues to have an active and very positive dialogue with OMNIS, the Ministry to the Presidency of Mines and Petroleum and also representatives of the office of the President of Madagascar, with regard to the approval process for the Tsimiroro Development Plan\u00a0TDP.\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2177,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-requests-2-year-extension-for-madagascar-exploration-blocks\/","url_meta":{"origin":1084,"position":5},"title":"Madagascar Oil requests 2 year extension for Madagascar Exploration Blocks","author":"Samuel Kamau Mbote","date":"December 15, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Madagascar Oil has announced that following discussions held at the Executive Committee meeting regarding Blocks 3105, 3106 and 3107 on 9 December 2014, the Company\u2019s wholly owned subsidiary, Madagascar Oil S.A., has written to the Office des Mines Nationales et des Industries Strat\u00e9giques (\u201cOMNIS\u201d) formally requesting a two\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/12\/madagscar-block.png?fit=339%2C307&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=1084"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1084\/revisions"}],"predecessor-version":[{"id":3380,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1084\/revisions\/3380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1003"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=1084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=1084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=1084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}