Energy Update

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PARIS, Nov 22 (Reuters) - A record output increase from
gas-fired electricity generators since the start of the month
could enable France avoid rolling outages this winter amid
reduced supply from the country's ageing nuclear reactors, gas
network operators said on Tuesday.

MADRID, Nov 22 (Reuters) - Spanish police have arrested a
man suspected of being a "financial mastermind" in a corruption
network at Brazil's semi-public oil company Petrobras
, the Interior Ministry said on Tuesday.

LONDON, Nov 22 (Reuters) - If OPEC hopes to speed up the
rebalancing of the oil market by announcing a
production-limiting plan, someone should tell the futures
market.

YAOUNDE, Nov 22 (Reuters) - Suspected Boko Haram militants
launched three attacks in northern Cameroon within 24 hours,
including a thwarted suicide strike on a camp for people who
have been displaced by the conflict, security sources said on
Tuesday.

KAMPALA, Nov 22 (Reuters) - Oil firms including China's
Sinopec have expressed an interest in developing Uganda's
planned oil refinery and an investor for the project will be
selected by February 2017, a top government official said on
Tuesday.

* Voted down after lower demand f'casts, cost and safety
concerns

CAPE TOWN, Nov 22 (Reuters) - South Africa's government has
slowed its nuclear power expansion plans, according to a draft
energy paper, although state energy utility Eskom said the
country should stick to its original plan of bringing a new
plant online by 2025.

LAUNCESTON, Australia, Nov 22 (Reuters) - It may be a tad
early to call a peak in the price of thermal coal in
top-consuming region Asia, but at the very least the momentum
seems to have been lost from a commodity that has surged some
130 percent in the past 10 months.

JAKARTA, Nov 22 (Reuters) - Indonesia will cut the royalty
charged on sales of processed and refined nickel to 2 percent, a
mining ministry official said on Tuesday, part of a revision of
government rules on non-tax revenue from the coal and minerals
sector.

BEIRUT, Nov 22 (Reuters) - Syria needs wheat and fuel to
alleviate shortages and suffering caused by its civil war and
wants to expand trade ties with Russia, the Syrian government
told a high-level Russian delegation on Tuesday.

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