Energy
EU fund rural electrification projects with $129.2 million
BRUSSELS – European Commission Development Commissioner, Andris Piebalgs, today reveal the 16 energy projects which will receive $129.2 million (€95 million) funding, thanks to the EU’s new rural electrification programme.
The projects include hydro, wind, solar and biomass projects across nine African countries.
The projects will address energy challenges in rural areas and are part of the EU’s last Energy Facility Call for Proposals, which focused specifically on improving access to modern, affordable and sustainable energy services for rural poor, by promoting renewable energy solutions as well as on energy efficiency measures building on proven successful actions.
The Commissioner will announce the results at the New Business Models for Bringing Sustainable Energy to the Energy Poor event in New York today, part of the UN Annual Sustainable Energy for All (SE4ALL) Forum.
Ahead of the event, Commissioner Piebalgs said: “These innovative projects are a real step forward in terms of bringing energy to some of the most remote and poor areas in Africa. The benefits of rural electrification are manifold – by connecting people to clean energy, we’ll improve healthcare, education, and opportunities to make a living in the area.”
The event marks the second anniversary since the Sustainable Energy for All Summit, which took place in Brussels in April 2012, where the European Commission President, Jose Manuel Barroso, set the ambitious goal of helping developing countries provide access to sustainable energy services to 500 million people by 2030.
Today’s announcement is only part of the overall EU effort in tackling energy poverty and creating an enabling environment for growth. The EU aims to allocate more than 3 billion euro worth of grants in the 2014-2020 financial period to support sustainable energy projects in about 30 countries that see energy as a focal sector for development. This will leverage between 15 and 30 billion euro in loans and equity investment, thus enabling to plug the gaps in energy infrastructure projects and power businesses, schools, homes and hospitals.
In addition, infrastructure projects financed through our innovative blending instruments and the Technical Assistance Facility available for all Sub-Saharan African countries are already delivering results and contributing to the EU support for Sustainable Energy for All objectives. Worldwide, about 1.3 billion people have no access to electricity. Up to a billion more have access only to unreliable electricity networks. More than 2.6 billion people rely on solid fuels (i.e. traditional biomass and coal) for cooking and heating.
Through co-financing support by applicants, these €95 million-worth actions will be translated into projects costing more than €155 million. They will help to bring electricity to more than 2 million people in African rural areas.
The projects chosen include a hydroelectric project in the Ludewa District, Tanzania, which will provide energy to 20 isolated villages; benefitting 4,000 households, 43 primary and secondary schools (about 16,000 students); one hospital and 19 dispensaries, over 500 small businesses and farmers from across the region and an eco-electrification project in Burkina Faso, which will reach 100,000 people, as well as health centres and schools.
Today’s event, hosted by the European Commission, will include the United Nations Development Progamme (UNDP) Administrator Helen Clark and Dr Kandeh Yumkella, UN Secretary General Special Representative and Chief Executive Officer of Sustainable Energy for All, among others. The idea behind the event is to showcase our common efforts in the fight against energy poverty, to provide the ground for the exchange of best practices and lessons learnt, and to share views on new business models that could make for enhanced cooperation between donors, the private sector, civil society and governments.
The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026.
Biztellers reports that the project was delivered 11 days ahead of schedule and without any safety incident, reinforcing SNEPCo’s longstanding commitment to operational excellence and asset integrity.
“Completing the turnaround safely and ahead of schedule is a testament to the dedication and professionalism of our Nigerian workforce and the helpful support of our partners,” SNEPCo Managing Director Ronald Adams said. “The achievement not only secures the long‑term integrity of the Bonga FPSO but also positions us strongly for the successful delivery of the Bonga North project, which will leverage the improved reliability of the FPSO.”
The exercise which began on February 1, 2026, highlights SNEPCo’s leading role in advancing deep‑water expertise in Nigeria. Of the 55 companies involved in the execution, 43 were wholly Nigerian. Additionally, eight of the 12 international service providers maintain operational bases in Nigeria, contributing to knowledge transfer and increased local investments.
More than 1,000 personnel worked offshore during the turnaround, with over 95% being Nigerians involved in maintenance, engineering, operations, inspection and construction. Thousands more supported activities from onshore locations, reflecting the depth of Nigerian capability in offshore oil and gas operations.
Adams added: “We acknowledge the support of several stakeholders towards the successful execution of the exercise, including the NNPC Upstream Investment Management Services (NUIMS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Content Development and Monitoring Board (NCDMB) and our partners.”
Modupe Asudo
Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.
The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.
Ghanaian President Mahama and Sahara Executive Directors
Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.
He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.
President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.
According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.
“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.
With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.
Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.
He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”
Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.
The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed to sustain operations.
The development shows that Nigeria again failed to meet its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries (OPEC), as output declined sharply in February 2026.
Data from OPEC’s latest Monthly Oil Market Report, based on direct communication from member countries, showed that Nigeria produced 1.314 million barrels per day in February, down from 1.459 mbpd recorded in January.
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The figures indicate a month-on-month decline of 146,000 barrels per day, widening the country’s shortfall from its OPEC production allocation.
Nigeria’s inability to meet its OPEC production quota is not only affecting its oil export earnings but also adversely impacting domestic refineries that are starved of feedstock for their operations.
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