Sudan terminal deal with Philippines’ ICTSI under review – Bashir vanguardngr.com vanguardnews
As explained, the demand for the so-called sweet crude oil will increase as IMO sulphur cap 2020 will force the majority of the shipping industry to switch to low sulphur bunker fuels — with less than 0.5% sulphur.Growing markets in Asia will be the primary destinations for these volumes and we expect that VLCCs and Suezmaxes will benefit the most from any additional ton-miles,” according to the ship brokerage and consulting company.
Oil production in Angola, the second largest producer in Africa, has declined gradually over the last two years because its oil fields are ageing, and the country has failed to attract new investment. According to the Angolan government, production could fall to 1 Mb/d by 2023 without new capital and the government is taking steps to make the country more attractive for foreign investors. However, it is likely that production will continue to decline, at least initially, Poten believes.
While West Africa represents the majority of African production, changes in North Africa also have a significant impact on the tanker market, Poten added.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sudanese opposition leader’s daughter jailed over protestsThe Deputy Head of Sudan Opposition, Umma Party, was sentenced to one week imprisonment on Sunday for demonstrating against President Omar al-Bashir, demanding his stepping down, party officials said.
Read more »
Sudan Opposition Leader Sentenced To Jail For Protest – Channels Television
Read more »
South Sudan military court sentences soldiers to death for killing civiliansA South Sudan military court Friday sentenced three soldiers to death by firing squad, and a fourth to 10 years' imprisonment, for killing two civilians in their homes in robbery-motivated attacks ...
Read more »
Sudan Cuts State Of Emergency To Six Months Over Protests – Channels Television
Read more »
AU Peace Council visits S/Sudan – Daily TrustThe African Union Peace and Security Council (AU-PSC) has begun a three-day field mission to Juba, the capital of South Sudan aimed at achieving sustainable peace. This was announced by the spokesperson of the Ministry of Foreign Affairs, George Ehidiamen Edokpa yesterday in Abuja.ADVERTISEMENT The mission which commenced on Tuesday is due to end on …
Read more »
Nigerian prof, envoy, 155 others die in Ethiopian Airlines crash - The Nation NigeriaNigerian professor based in Canada, Pius Adesanmi, and former UN and AU Deputy Joint Special Representative in Darfur, Sudan, Ambassador Ethiopian Airlines
Read more »
Lawyers seek review of Land Use Act, want land control revert to owners - Vanguard News NigeriaSome lawyers on Tuesday in Lagos called for a review of the provisions of the Land Use Act of 1978 to keep reflect current realities and circumstances.
Read more »
Sala deal highlights problems of regulating player representatives - Vanguard News NigeriaThe chaos that has followed the tragic death of Emiliano Sala has shone an unflattering light on the murky dealings of player agents and reinforced calls to properly licence them.
Read more »