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The announcement mirrors the structural reforms first envisaged in the long-delayed Petroleum Industry Bill (PIB). President Muhammadu Buhari's policy direction in the oil and gas…
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DOI: 10.1108/OXAN-DB201333
ISSN: 2633-304X
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While Buhari is likely to largely follow his previous term’s economic agenda, a squeezed fiscal space, including sizable debt service payments, will test the ability of the ruling…
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DOI: 10.1108/OXAN-DB242792
ISSN: 2633-304X
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Ghanaian economic shocks.
The NGN16.4tn (USD40bn) package is a new record for a federal budget in Nigeria and tracks with the threefold increase in nominal expenditure seen since the beginning of the…
This forms part of a broader crackdown against bunkering, oil theft, smuggling, violent crime, piracy and insurgencies in the Niger Delta as Nigeria struggles to increase its oil…
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DOI: 10.1108/OXAN-DB272042
ISSN: 2633-304X
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The announcement comes after the feasibility study by Toyota Tsusho reportedly concluded that a cross-border oil export pipeline appears economically viable, favouring Lamu as the…
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DOI: 10.1108/OXAN-DB199631
ISSN: 2633-304X
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Nigeria oil and gas developments.
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DOI: 10.1108/OXAN-DB227851
ISSN: 2633-304X
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Crude oil is central to South Sudan’s economy, providing between 80% and 90% of government revenue and almost all export earnings. Last year’s oil price shock hit the economy hard…
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DOI: 10.1108/OXAN-DB262423
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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Geographic
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Outlook for East African oil and gas developments.