L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

L. Fituni, I. Abramova Resource Potential of Africa and Russia's ... L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

19.11.2014 Views

Agency to develop plans for up to 4000 MWe of nuclear capacity by 2025. Nigeria is Africa's most populous country and its power demand is expected to reach 10,000 MWe by 2007 – current gridsupplied capacity is 2600 MWe. In 2009 Gazprom and the Nigerian Oil Corporation (NOC) signed founding documents to create a joint venture for exploration and production of oil and gas. Gazprom plans to invest $2.5 billion in the project. It has something worth fighting for–Nigeria has the world's seventh largest reserves of natural gas–5.2 trillion cubic meters. It has already been announced that as part of the joint venture Gazprom will participate in a tender for development of two of the three largest gas fields in Nigeria. Russia’s GazpromNeft, the Ministry of Mines, Industry and Energy of Equatorial Guinea and the national oil company of Equatorial Guinea GEPetrol signed a production sharing agreement (PSA) for two offshore exploration blocks. The contract may lead to the implementation of GazpromNeft’s first offshore drilling project. According to the PSA, during the exploration period GazpromNeft will hold an 80 percent stake in the joint project. The share of GEPetrol will be 20 percent. As the operator of the project, GazpromNeft is to fulfill necessary financial obligations, including state bonus payments, purchasing seismic data, as well as carrying out a compulsory geological survey. GazpromNeft intends to start its exploration activities and begin the formation the managing body of the project until the end of this year. The two offshore blocks are expected to amount to some 110 million tonnes of oil. The first exploration wells of the each block may be drilled within two years after the agreement signed. The exploitation period for oil is 30 years, for gas it is 35 years. Signing the production sharing agreement with Equatorial Guinea allow GazpromNeft to strengthen its presence in West Africa. Joining the project in Equatorial Guinea will significantly extend the company’s abilities in the sphere of underwater drilling and will permit the company to improve the management skills of offshore projects, and in the future – to set up the oil production spot in West Africa”. 57 119

Senegal is an African country where Russian presence in the mining and prospecting sphere in not very pronounced. At a request of the Senegal government Soviet geologists surveyed in 1971–1973 en area of 2,000 square kilometers in Eastern Senegal and prospected for gold in the area between the Paleme River and the Gambia River, and for gold placer deposits in the middle reaches of the Paleme River; two promising deposits were discovered – Sabodala and Kerekunda. Along Senegal's Atlantic coast black sands can be found bearing titanium minerals. However, due to depletion of many deposits, the government of Senegal contracted Russian company "Tsvetmetpromexport" to investigate coastal sands more thoroughly. The materials presented to the Senegal government point to the expediency of mining and processing titanium-bearing sands. With a view to creating requisites for the development of the mining industry the government of Tanzania has drawn up a program of a systematic exploration of natural resources. In the early 1970s, with the participation of Soviet specialists, geological surveys were carried out over an area of 42,000 square kilometers, maps were compiled and prospecting work was conducted for gold, lead, zinc, copper and other solid minerals in the Luna and Mranda regions, which provided a basis for planning further geological work. In the last years of its existence the Soviet Union participated in geological work in Angola, Mozambique, Madagascar, Ethiopia and other countries, which allowed to carry some of the results into post- Soviet bilateral cooperation. For example, with regard to current facilities, it can be said that in the 2000s development of Angola's diamond deposits has become one of the main areas of economic cooperation. The country has successfully operated the Katoka and Luo diamond mines with the involvement of the Russian company ALROSA; joint exploration of the Kakolu deposit is underway. In Botswana, Norilsk Nickel acquired 85% shares of Tati Nickel as a result of the LionOre Mining International Limited acquisition on 28 June 2007. The Botswana government owns the remaining 15% in Tati Nickel. Tati Nickel includes the Phoenix open 120

Senegal is an <strong>Africa</strong>n country where Russian presence in the<br />

mining <strong>and</strong> prospecting sphere in not very pronounced. At a request<br />

<strong>of</strong> the Senegal government Soviet geologists surveyed in 1971–1973<br />

en area <strong>of</strong> 2,000 square kilometers in Eastern Senegal <strong>and</strong> prospected<br />

for gold in the area between the Paleme River <strong>and</strong> the Gambia<br />

River, <strong>and</strong> for gold placer deposits in the middle reaches <strong>of</strong> the<br />

Paleme River; two promising deposits were discovered – Sabodala<br />

<strong>and</strong> Kerekunda.<br />

Along Senegal's Atlantic coast black s<strong>and</strong>s can be found bearing<br />

titanium minerals. However, due to depletion <strong>of</strong> many deposits, the<br />

government <strong>of</strong> Senegal contracted Russian company "Tsvetmetpromexport"<br />

to investigate coastal s<strong>and</strong>s more thoroughly. The materials<br />

presented to the Senegal government point to the expediency<br />

<strong>of</strong> mining <strong>and</strong> processing titanium-bearing s<strong>and</strong>s.<br />

With a view to creating requisites for the development <strong>of</strong> the mining<br />

industry the government <strong>of</strong> Tanzania has drawn up a program <strong>of</strong><br />

a systematic exploration <strong>of</strong> natural resources. In the early 1970s, with<br />

the participation <strong>of</strong> Soviet specialists, geological surveys were carried<br />

out over an area <strong>of</strong> 42,000 square kilometers, maps were compiled<br />

<strong>and</strong> prospecting work was conducted for gold, lead, zinc, copper <strong>and</strong><br />

other solid minerals in the Luna <strong>and</strong> Mr<strong>and</strong>a regions, which provided<br />

a basis for planning further geological work.<br />

In the last years <strong>of</strong> its existence the Soviet Union participated in<br />

geological work in Angola, Mozambique, Madagascar, Ethiopia <strong>and</strong><br />

other countries, which allowed to carry some <strong>of</strong> the results into post-<br />

Soviet bilateral cooperation.<br />

For example, with regard to current facilities, it can be said that<br />

in the 2000s development <strong>of</strong> Angola's diamond deposits has become<br />

one <strong>of</strong> the main areas <strong>of</strong> economic cooperation. The country<br />

has successfully operated the Katoka <strong>and</strong> Luo diamond mines with<br />

the involvement <strong>of</strong> the Russian company ALROSA; joint exploration<br />

<strong>of</strong> the Kakolu deposit is underway.<br />

In Botswana, Norilsk Nickel acquired 85% shares <strong>of</strong> Tati<br />

Nickel as a result <strong>of</strong> the LionOre Mining International Limited acquisition<br />

on 28 June 2007. The Botswana government owns the remaining<br />

15% in Tati Nickel. Tati Nickel includes the Phoenix open<br />

120

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!