Energy Update
LAGOS, Sept 21 (Reuters) - Guinness Nigeria
said on Wednesday that is parent Diageo had given it a
$95 million term loan to support its dollar needs through
foreign currency shortages caused by the West African country's
floating of the naira.
COPENHAGEN, Sept 21 (Reuters) - The Danish government is
determined to find an economically viable solution that will
allow A.P. Moller-Maersk's energy arm to continue
production at the Tyra gas field in the North Sea, energy and
climate minister Lars Christian Lilleholt said on Wednesday.
MUMBAI, Sept 21 (Reuters) - India is talking to the United
Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5
million tonnes (mt) of the Mangalore strategic storage, along
with Iranian crude, its oil minister said on Wednesday.
NEW DELHI, Sept 21 (Reuters) - India's government will
partly fund a $2 billion gas pipeline project linking five
eastern states to help kick-start economic growth in a region
that has trailed the rest of the country, the oil minister said
on Wednesday.
TOKYO, Sept 21 (Reuters) - Japan signalled on Wednesday it
would scrap a costly prototype nuclear reactor that has operated
for less than a year in more than two decades at a cost of 1
trillion yen ($9.84 billion).
NEW DELHI, Sept 21 (Reuters) - India's biggest refiner
Indian Oil Corp Ltd and gas transporter Gail (India)
Ltd will buy a combined 49 percent stake in a
liquefied natural gas (LNG) terminal being built in the eastern
state of Odisha.
BAKU, Sept 21 (Reuters) - A move by Azerbaijan's president
to extend the head of state's term in office to seven years from
five drew fire on Wednesday from Council of Europe experts who
said it would seriously upset the balance of power in the
oil-producing state.
ZARIA, Nigeria, Sept 21 (Reuters) - Riders wearing brightly
coloured warrior robes and bearing spears were again packing the
streets of this northern Nigerian city, greeting their
traditional ruler as locals celebrated a thousand-year-old
tradition in a region hit by Boko Haram.
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