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The East African : Jan 7th 2017
14 NEWS The EastAfrican JANUARY 7-13,2017 DEAL NOT SEALED THE 8TH EAST AFRICAN PETROLEUM CONFERENCE AND EXHIBITION Le Panoramique Hotel, Bujumbura- Burundi 8th to 10th March, 2017 The 8th East African Petroleum Conference and Exhibition is set to be held in Bujumbura- Burundi from 8th to 10th March, 2017 under the theme: East Africa - An Emerging Hotspot for Oil and Gas Exploration, Infrastructure Development and Commercialization. The Conference will offer a wide range of technical presentations reflecting developments in the oil and gas industry in East Africa and around the world. It shall provide a forum for discussing the legal and policy framework and the overall business environment prevailing in the region. In addition, the Conference shall give stakeholders in the oil and gas sector an opportunity to interact with EAC senior government officials and decision makers. The Conference and Exhibition programme integrates field excursions to selected sites in each Partner State for delegates to see the rich geological variety that the region possesses as well as the touristic attractions that the region is well known for. The exhibitions and field excursions have become a popular feature of the Conference, attracting more and more participants with each successive Conference. EAPCE’17 THEMATIC AREAS: - Exploration and Development: Licensing Regimes; East African Rift Basins; East African Coastal Basins; Exploration in Deep Water; Exploration in Inland Basins - Infrastructure Development: Natural Gas Development and Utilization; Pipeline Transportation and Refining; Supporting Infrastructure - Commercialization: Field Development and Reservoir Management; Data Management; Revenue Management and Realizing Benefits of Resources - Cross Cutting Issues: Environmental Management; Local Content; Legal, Regulatory, Fiscal and Institutional Regimes; Technological Advancements IMPORTANT DATES: Event Regular Registration Deadline Late Registration Deadline Exhibition Booth Hire Deadline Conference Start REGISTRATION FEES: Category International Delegate East African Delegate Exhibition Booth e-Poster For more information visit www.eapce17.eac.int ORGANIZSED BY: 5th 8th 1st 8th Standard Fee (US$) 1,000 500 2,500 500 Date March, 2017 March, 2017 March, 2017 March, 2017 Late Fee (US$) 1,100 550 - - Gas being extracted from lake Kivu. The Chinese firm is supposed to explore oil in the lake. Picture: File Rwanda oil survey stalls, talks with BGP collapse The count≥y expected to ≥esume oil explo≥ation in Novembe≥ last yea≥ afte≥ BGP won a tende≥ in May By IVAN R. MUGISHA The EastAfrican tions with Chinese firm BGP suddenly collapsed, The EastAfrican has learnt. The country expected to O resume oil exploration in November last year when BGP — which also conducts explorations in Kenya and Tanzania — won a tender in May to explore for the “black gold” in Lake Kivu. But sources privy to the matter confirmed that oil exploration may have to wait a bit longer after negotiations between government and BGP hit a dead end, even when a draft contract had been adopted by both parties. The Minister of Natural Resources, Vincent Biruta, declined to explain why the negotiations collapsed, noting that the procurement process is still ongoing and that no company had won oil exploration rights in the country. “I cannot interfere in the SPONSORED BY: process or comment on companies that bid to explore oil. We will wait for the procurement process to be concluded and know who is selected. The company selected will then sign a contract; but until then I cannot comment,” Mr Biruta said. However, documents show that the procurement process was indeed concluded and the tender to explore oil was awarded to BGP mid last year. Thereafter, in mid July, a negotiation team led by Dr Michael Biryabarema, the former dep- il exploration in Rwanda has stalled after negotia- uty general of the Geology and Mines Department, met with the manager of BGP Kenya, Feng Wenhui, and discussed the terms of the contract that would be signed between both parties. During these talks, which lasted three days, BGP requested, among other things, the government to seek access to explore for oil across the DRC portion of Lake Kivu in order to get better data. This request was granted later in August when both Rwanda and the DRC agreed to explore a portion of the lake within each other’s territory. Under the contractual terms, BGP also agreed to fully fund training for up to six Rwanda staff in petroleum engineering. It was then agreed that the BGP team would review the draft contract and return to Kigali at the end of July to officially sign it with the government — with actual exploration works set to resume by BACKGROUND With the discovery of oil in the Albertine Graben in Uganda — which is north of Lake Kivu — followed by gas discoveries in Tanzania and Mozambique, the East African Rift has since become a major field for exploration activities. Black Swan reports that 20 oil and gas discoveries have been made within the Rift basins, estimated to provide over 4 billion barrels. November 2016. Since then, however, no con- tract between the two parties exists, with sources saying that officials at the ministry may have had a change of heart. “Officials may intend to si- lently push BGP out — an act that could boil into a lawsuit against the government because the company underwent heavy costs to procure the tender,” a source said. “The collapse of in negotia- tions also occurred at a time when a reshuffle happened at the ministry, whereby the team that had conducted the negotiations was changed; the new team is apparently not very keen on signing with BGP,”he added. Attempts to get a reaction from BGP representatives in Nairobi had not succeeded by press time. Oil prospecting in Rwanda suffered a setback in 2014 when the government and Canadian company, Vanoil Energy Ltd, terminated their partnership to search for oil in Lake Kivu. The project, however, re- ceived a breath of fresh air when another Canadian firm, Black Swan Energy, discovered that the Eastern Kivu Basin in Rwanda is more favourable for oil and gas exploration than South Kivu. With the discovery of oil in the Albertine Graben in Uganda — which is north of Lake Kivu — followed by gas discoveries in Tanzania and Mozambique, the East African Rift has since become a major field for exploration activities. So far, 20 oil and gas discov- eries have been made within the Rift basins, estimated to hold over 4 billion barrels, according to reports by Black Swan Energy.
Dec 31st 2016
Jan 14th 2017