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The use of the Ventis® Pro Series Gas Sensor eliminates the need for industry workers to carry multiple gas detection instruments at once, as these highly configurable gas sensors offer users with the ability to detect four or five gases, depending upon which sensor option has been chosen.

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Denmark: Mining, Minerals and Fuel Resources

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The use of the Ventis® Pro Series Gas Sensor eliminates the need for industry workers to carry multiple gas detection instruments at once, as these highly configurable gas sensors offer users with the ability to detect four or five gases, depending upon which sensor option has been chosen.

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President Donald Trump has expressed an interest in buying Greenland, an autonomous Danish territory, according to a report published yesterday (Aug. 15) by The Wall Street Journal.

Why does Trump want the United States to buy the world's biggest island? The reason, in large part, is likely that is rich in natural resources, including iron ore, lead, zinc, diamonds, gold, rare-earth elements, uranium and oil, according to the Brookings Institution, a nonprofit public-policy organization in Washington, D.C.

Not only does Greenland boast these resources, but more are being exposed there as the Earth warms due to human-caused climate change.
Related: Stunning Photos of Greenland's Supraglacial Lakes
Extracting Greenland's natural resources, however, isn't a straightforward enterprise. Much of the mining and drilling depends on global supply and demand, not to mention navigating Greenland's severe climate and terrain. For instance, oil production probably won't take place for at least another decade, according to the Brookings Institution's 2014 report, because "the conditions in Greenland are very harsh and technically demanding and the costs of extraction high."

Mining projects show more promise. The Greenland government has endeavored to create environmental and regulatory safeguards while, at the same time, attracting investors, according to the report. The Canadian company AEX Gold is already mining the precious metal in the Nanortalik Gold Belt in southern Greenland, according to Mining Global, a mining news outlet. And New York-based Greenland Ruby A/S opened its ruby and pink-sapphire mining operation in Aappaluttoq, in southwest Greenland, in 2017.

But buying Greenland itself would also come with a hefty cost. The territory, home to more than 57,000 people as of 2018, relies on Denmark for two-thirds of its budget revenue, and it also has high rates of suicide, alcoholism and unemployment, according to the BBC. Such problems would benefit from investments from social and government service programs.

What's more, politicians in Greenland and Denmark don't seem eager to sell. In a tweet posted this morning (Aug. 16), Greenland's Ministry of Foreign Affairs said, "#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism. We're open for business, not for sale."

#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism. We're open for business, not for sale❄️🗻🐳🦐🇬🇱 learn more about Greenland on: https://t.co/WulOi3beIC August 16, 2019

Similarly, Rasmus Jarlov, a conservative member of the Danish parliament, , "Out of all things that are not going to happen, this is the most unlikely. Forget it."

Out of all things that are not going to happen this is the most unlikely. Forget it. https://t.co/0ChJvOVJW7 August 15, 2019

This isn't the first time the United States has expressed an interest in purchasing Greenland. The territory is located in a strategic spot, just below the Arctic Ocean, between Canada and Europe. President Andrew Jackson's administration (1829-1837) floated the idea of buying the island, as did an 1867 report by the U.S. State Department, the BBC said. President Harry Truman even offered Denmark $100 million for Greenland in 1946, though nothing came of the proposal.

During the Cold War, the U.S. built several military sites on Greenland, the BBC reported. However, these sites contain leftover toxic nuclear waste, which is now being exposed as the island's ice melts away.

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Trump Says He Wants to Buy Greenland. Here's Why.

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President Donald Trump has expressed an interest in buying Greenland, an autonomous Danish territory, according to a report published yesterday (Aug. 15) by The Wall Street Journal . Why does Trump want the United States to buy the world's biggest island?

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Beijing in talks with Chile to access port for Antarctic operations

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Talks took place in first Chile-China Antarctic Joint Cooperation Committee meeting in Santiago.

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SANTIAGO - Chile will begin budgeting for the costs of fighting climate change, Finance Minister Felipe Larrain announced Tuesday, as receding glaciers and drought put a squeeze on water and natural resources in the world's top copper producer.

The South American nation, which is due to host the COP25 global conference on climate change in December, said it would include a new line item for "climate expenditures" in its government budgets beginning in 2020.

"Currently, we don't know how much we're spending in the financing of climate action. The lack of information makes it difficult to make good decisions," Larrain told reporters.

The methodology, called the Climate Public Expenditures and Institutional Review (CPEIR), is sponsored in part by the United Nations Development Program (UNDP), and has received funding from Germany. It includes a tool that allows countries to more precisely track how much money is spent on fighting climate change.

Larrain said the tool would allow Chile to "assess ... the costs of inaction, that is, incorporate the analysis of the cost of not implementing immediate and timely measures."

A years-long drought in Chile, coupled with a growing population and a sprawling copper and lithium mining industry thirsty for water, have forced Chilean officials to look more closely at the costs of climate change.

FILE - The Codelco El Teniente copper mine, the world's largest underground copper mine, is shown near Machali, Chile, April 11, 2019.

"The lands threatened by desertification exceed 60% of the national territory. ... Having an estimate of the critical investments we must make to address the issue of desertification and soil erosion can have a great impact," he said.

The CPEIR methodology is already applied in more than 30 countries, including Colombia and Ecuador.

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Chile to Account for Costs of Climate Change in Budget

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Chile will begin budgeting for the costs of fighting climate change, Finance Minister Felipe Larrain announced Tuesday, as receding glaciers and drought put a squeeze on water and natural resources in the world's top copper producer.

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(Corrects paragraph 4 to show Cairn India is a unit of Vedanta Resources and not of Cairn Energy)

By Ranga Sirilal

COLOMBO, Aug 27 (Reuters) - Sri Lanka has enlisted French major Total and Norway's Equinor to study the hydrocarbon potential of two blocks, saying it aims to start oil production in the island nation in 2023.

Sri Lanka does not produce oil and importing the fuel costs it $4.15 billion in 2018.

The country has received three bids for the exploration and development of a block, shunned by Cairn India in late 2015 due to low hydrocarbon prospects, Vajira Dissanayake, the top government official in the petroleum ministry said. He declined to name the companies.

Cairn India, a unit of mining conglomerate Vedanta Resources, confirmed the first discovery of the natural gas and the Sri Lankan government has said seismic data shows the potential for more than 1 billion barrels of oil under the sea in a 30,000 sq km (18,640 sq mile) area of the Mannar Basin, off the island's northwestern coast.

The block in the Mannar Basin off the country's northwest coast is expected to be awarded by November, Dissanayake said.

"Definitely by 2020 they will start operation and (we) expect the first hydrocarbon production by 2023," he said.

To boost its oil and gas production, Sri Lanka has enlisted Total and Equinor to explore the JS-5 and JS-6 blocks in the eastern offshore region.

Data from a previous seismic survey revealed the JS-5 and JS-6 blocks to have "significant hydrocarbon potential" following which Total decided to move ahead with the next phase of exploration with Equinor, the petroleum ministry said in a statement.

Equinor will bear 30% of the project cost, its Vice President for exploration Janne Rui said, without specifying details.

Similar projects typically cost anywhere between $2 million and $10 million, said Jean-Marc Rodriguez, Total's Vice President, Exploration for Asia Pacific. (Reporting by Ranga Sirilal; Writing by Sankalp Phartiyal; Editing by Nidhi Verma and Louise Heavens)

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oil related services and equipment (trbc)

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CORRECTED-Sri Lanka to start oil production in 2023; Total, Equinor...

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(Corrects paragraph 4 to show Cairn India is a unit of Vedanta Resources and not of Cairn Energy) By Ranga Sirilal COLOMBO, Aug 27 (Reuters) - Sri Lanka has enlisted French major Total and Norway's Equinor to study the hydrocarbon potential of two blocks, saying it aims to start oil production in the island nation in 2023.

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Sri Lanka has signed a deal with European oil and gas giants Total and Equinor to study the hydrocarbon potential of two maritime blocks, saying it aims to start oil production in 2023.
Sri Lanka does not produce oil and its petroleum imports cost it around US$4.15 billion last year.

The South Asian island has received three bids for the exploration and development of a block that was rejected by Cairn India in 2015 due to weak hydrocarbon potential, said Vajira Dissanayake, director general of the Petroleum Resources Development Secretariat (PRDS).

He said Sri Lanka hoped to become an LNG (liquefied natural gas) producing country. The vast market in neighbouring India remains dependent on imported oil and gas.

Cairn India, a subsidiary of mining conglomerate Vedanta Resources, had confirmed the first discovery of natural gas reserves but said it did not develop the Sri Lankan wells as the gas price fell.

Sri Lanka said seismic data showed the potential for more than 1 billion barrels of oil under the sea in a 30,000 sq km block in the Mannar Basin off the northwest coast on the island nation.

The region only became accessible to oil and gas exploration after the decades-long civil war with the Tamil Tigers came to an end a decade ago.

The block contract was expected to be awarded by November this year, Dissanayake said.

This month the PRDS signed a deal with UK-based Bell Geospace to carry out a magnetic and gravity survey in the Mannar and Cauveri basins.

"Definitely by 2020 they will start operation and expect the first hydrocarbon production by 2023," the senior government official said.

Sri Lanka has agreed for French oil giant Total and Norway's state-run Equinor to explore the JS-5 and JS-6 blocks in the eastern offshore region.

A seismic survey found the two blocks to have "significant hydrocarbon potential" following which Total decided to move ahead with the next phase of exploration with Equinor, the PRDS said.

Total has already surveyed 50,000 square kilometres off the east coast under a previous study.

Equinor would bear 30 per cent of the project cost, said the firm's exploration chief, Janne Rui.

Similar projects as cost anywhere between US$2 million and US$10 million, said Jean-Marc Rodriguez, Total's head of Asia-Pacific oil and gas exploration.
Debt-ridden Sri Lanka needs new sources of income. Picture credit: Wikimedia

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Equinor and Total sign deal with Sri Lanka

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Sri Lanka has signed a deal with European oil and gas giants Total and Equinor to study the hydrocarbon potential of two maritime blocks, saying it aims to start oil production in 2023. Sri Lanka does not produce oil and its petroleum imports cost it around US$4.15 billion last year.

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The Powerful Vultures Circling Libya
General Khalifa Haftar grossly underestimated the extent that external forces would clamor for Libya's natural resource bounty once he unleashed his offensive on Tripoli. The vultures wasted no time in descending on this lucrative venue, and they include everyone from China and Russia, to Italy, France, Qatar, the UAE and Saudi Arabia, not to mention a few smaller powers helping out their respective allies.

What they each want is what will keep this conflict from seeing any resolution in the near future. So what does everyone want a piece of? It's a lucrative list that has in mind Libya's plans to double oil production by 2023. That was the focus on a May visit to Houston by NOC head Mustafa Sanalla - and at stake are $60 billion in procurement contracts.

- El Sharara oilfield: This is Libya's largest producing oilfield, and right now it's nominally under the control of Haftar's forces.
- El Feel oilfield: Another big field in southwestern Libya, also under nominal control of Haftar's forces.
- Offshore oil resources controlled by the Government of National Accord (GNA)
- The ports of Benghazi and Tobruk, with access to the Mediterranean: Under Haftar's control
- The refinery at Ras Lanuf: Under Haftar's control
- The above-mentioned lucrative procurement contracts

There's quite a lot a stake, and very powerful external forces are pulling in different directions, though China - always politically pragmatic - is courting both the GNA and LNA, hoping to win big either way. Russia, too, is torn in this game. Moscow had lent Haftar a helping hand on numerous occasions, but it is also flirting with the Tripoli-based NOC through a 2016 contract with Russian oil giant Rosneft. But all indications are that Moscow is leaning more towards Haftar, whose offensive on Tripoli it has refused to condemn. Still, Russia is playing it cautiously.

Egypt and France are largely LNA facilitators at this point, and that pits France's Total SA oil giant directly against Italy's Eni, with Rome supporting the GNA against Haftar. Turkey and its ally, Qatar, are lining up against Haftar and in line with the GNA. The UAE is clearly supporting Haftar, and this echoes the current Persian Gulf alliance that has seen Qatar under economic blockade by Saudi Arabia, the UAE, and Egypt.

With this kind of geopolitical lineup, it's virtually impossible for either the GNA or Haftar's LNA to take one step forward without taking two backward.
Argentina: The Default Hedge
The play to watch for Argentina's October elections is this: Alberto Fernandez, running with populist Cristina Kirchner as his VP, is trying to use the IMF against incumbent Macri by hijacking the issue ahead of a planned IMF visit to the country at a time when Macri is trying to lessen the impact of a deepening financial crisis. Fernandez is playing the "moderate" card, and a wide swathe of the public that hates Kirchner now seems to be buying this, conveniently ignoring Kirchner's presence on this ticket.

More specifically, Fernandez is trying to force Macri to renegotiate the IMF loan before the October elections. What he wants is to ensure that Macri takes the hit on this while at the same time leaving more money in the bank for a Fernandez administration.

Fernandez is using every public opportunity to denounce Macri's failed economic reforms and to state that Argentina has not met its obligations under the IMF deal. His new campaign line is that if elected president, there will be no default. Elections are on 27 October, and Fernandez is now widely expected to win, but we caution against considering this a done deal: a lot can happen in 60 days in Argentina.

Right now, investors are betting that Argentina will default, not because of Macri but because Fernandez is slated to win the presidency. So, the real question becomes: Does Fernandez mean default? There is the potential that he does not. That will depend on whether he succeeds in overpowering Kirchner and her crew who are really gunning for the presidency with this bid. But Fernandez has betrayed Kirchner before, and if left on his own, he won't necessarily pursue populist policies. The power play to keep an eye on is just as much between Fernandez and Kirchner as it is between Fernandez and Macri at this point.
The Next Yemen? It's Iraq
The US-Iran drama playing out on the high seas in terms of an oil tanker tit-for-tat is child's play compared to the Israel-Iran side game currently going on. In a dangerous break with practice, Israel struck a weapons depot in Iraq that it claims was an Iranian hub for smuggling weapons into Syria. Israel operates in Syria with frequent bombing campaigns, but never in Iraq. The attack on the weapons depot was on August 14, and there have been others as well that were likely perpetrated by Israel targeting militia bases that house armed Shi'ite groups receiving support from Iran. Iran has bases in Iraq and Syria where they support the fight against the Islamic State (ISIS). This makes Israel very uncomfortable.

This means that Iraq has officially been drawn into the conflict. It means it's on the edge of becoming another Yemen (or Syria), as a proxy venue for a war between Israel and Iran. This puts Iraq's Shi'ite Prime Minister, Adel Abdul Mahdi (a compromise candidate) in a very tough position - hence Baghdad's odd silence on the Israeli attacks. Further explaining the silence is the fact that Mahdi (while Iraqi Shi'ites generally identify with Iran) was Washington's choice for Iraqi PM, and Washington will most certainly have given the Israelis the nod for their attacks on Iraqi soil. Iraq will implode if it has to navigate the tricky balance between Iranian support (first and foremost it needs Iranian electricity desperately) and American-Israeli anti-Iran maneuvers.

But while Israel is trying to turn up the heat in the Middle East and drag the US along with it, things are going in an anti-Iran direction in Yemen. Reports have now surfaced that the US is planning to hold secret back-channel talks with the Iranian-backed Houthis in Oman, and they're trying to get the Saudis to join in as well. What does this mean? It means that the US is also trying to end this conflict (and UAE lobbying will have helped that along), leaving the Saudis hanging out to dry. This comes amid Houthi rebel claims that they attacked a military target in the Saudi capital, Riyadh on Monday, though the Saudis dismissed the report as false.
Global Oil & Gas Playbook
- Destination Unknown. All eyes are still on the Iranian tanker Adrian Darya 1, formerly the Grace 1. Originally held by Gibraltar under suspicion that its light crude oil was headed to Syria (after traversing a really long way around Africa instead of through the Suez Canal), it was later released on Iran's assurances that it was not. The voyage around Africa took more than two months. Reports surfaced that since its release, the tanker looked to be headed toward Syria, then Turkey, but it has changed course more than once since setting out. Iran has claimed it has already sold some of the oil but wouldn't say to whom. Iran has stated that it did not yet know where this customer wants the oil delivered. If the oil is going to Syria, despite EU sanctions, Iran could run afoul not just of US sanctions but EU sanctions as well, using up what few chips remain as it tries to get the EU to make good on its end of the nuclear deal by purchasing Iranian crude.

- The trade war between the US and China has reached a new low as China and the United States trade blow for blow in the latest round of public peacocking. China has now come up with a plan to increase domestic consumption of its own goods to make up for the sagging international trade. President Trump's "order" to US businesses to "immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA." On the oil front, it has been suggested by some that the United States will feel the pinch of the trade war as China backs off its imports of US crude, as China announced it plans to slap a tariff on US crude imports into China. China, however, has already backed off its US oil purchases in recent months since the trade war began. Even still, the US will easily find buyers of its crude oil to make up for what China's largest refiner, Sinopec, stops buying. South Korea has already increased its purchases of US crude oil, and even more refiners are testing out various grades of US crude oil to see what works. Sinopec is also expected to ask the Chinese government for a waiver from the tariffs.

- Aramco Trading Co. (ATC) sold its first batch of WTL (not to be confused with WTI), to South Korean refiner Hyundai Oilbank. ATC has sold other US crude grades over the last year to a variety of Asian refiners. Aramco has been buying the US oil from its US-based refinery arm, Motiva - the largest oil refinery in the United States. This is Hyundai Oilbank's first WTL purchase, and could be part of the push to purchase US crude as China's US crude purchases fall as it becomes uneconomical for their refiners who need to pay more for US crude under the tariffs levied on it. Aramco has not only reached a 20-year deal with Hyundai Oilbank to supply 0.25 million bpd of crude (more than a third of what Hyundai needs), but it has also purchased a $1.6 billion, 17% stake in Hyundai Oilbank earlier this year as Aramco seeks to expand its downstream business which will ensure a healthy market for its crude.

- Angola will auction off upstream exploration licenses in October. This will be the country's first such auction in nearly a decade. Notably, it will also be the first under the presidency of Joao Lourenco (post-Dos Santos). Areas on offer included blocks in the Namibe, Benguela, and Benguela Basins. Recent oil discoveries by Italian Eni in the country are expected to attract more international oil majors.

- BP has agreed to sell its entire business in Alaska to Hilcorp Energy Corp. Under the terms of the agreement, subject to state and federal approval, Hilcorp will pay BP a total of $5.6 billion. BP's net oil production from Alaska in 2019 is expected to average almost 74,000 barrels a day. The deal forms a significant part of BP's plan to divest $10 billion of assets over 2019 and 2020.

- France's Total signed deals to transfer some of its Kenya, Guyana, and Namibia assets to Qatar Petroleum. Total will give up partial shares in two Namibia blocks, and partial shares of two blocks in Guyana. In Kenya, Total will give up partial shares in three blocks. The move is important to Qatar, who is on a spending spree to expand its international oil exploration presence.

- India appears to still be importing Venezuelan crude in defiance of US sanctions, while at the same time complying with sanctions against Iran. India's July loadings of Venezuelan crude were more than 250,000 bpd. India is in a tight spot here due to its contract to purchase Venezuelan crude that was forged prior to sanctions.

- Italian oil company Eni announced the discovery of huge gas and condensate find in its Obiafu-Obrikom oil fields onshore Niger Delta region. The company said that the find is about 1 trillion cubic feet of gas and 60 million barrels of associated condensate in the deep-drilled sequences. Nigerian National Petroleum Corporation (NNPC) holds a 60% interest in the block.

- A handful of UK's politicians are demanding a ban on hydraulic fracturing operations in northern England after a 2.9 magnitude tremor was recorded close to Cuadrilla's site near Blackpool, the largest to date. MP from the Conservative party Mark Menzies has demanded the "full cessation" of fracking in the area. Labour's shadow business secretary, Rebecca Long Bailey, has called for fracking to be banned. The tremor was stronger than those that forced Cuadrilla to suspend test fracking back in 2011.

- India's oil minister is traveling to Moscow to meet with Novak this week. Rosneft, according to sources, wants India to participate in a big project that has not yet been disclosed. This is the third meeting about India and Russia's tie ups in some areas of oil and gas exploration.

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The Battle For Libya's Oil Bounty | OilPrice.com

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The Powerful Vultures Circling Libya General Khalifa Haftar grossly underestimated the extent that external forces would clamor for Libya's natural resource bounty once he unleashed his offensive on Tripoli. The vultures wasted no time in descending on this lucrative venue, and they include everyone from China and Russia, to Italy, France, Qatar, the UAE and Saudi Arabia, not to mention a few smaller powers helping out their respective allies.

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While the Arab Spring was lauded internationally as an opportunity for Middle Eastern and North African nations to root out oppressive governments and foster hope for legitimate government, the reality in many of these nations is quite different some eight years later. This is particularly pertinent in Libya, which after having ousted Muammar Gaddafi in late 2011 has since seen an increase in violence, militia conflicts and all out civil war.

As recently as April 2019, hopes for the internationally recognized Government of National Accord (GNA) led by Fayez al-Sarraj faded when military figure Khalifa Haftar attempted to seize control of Tripoli, which serves the centre of control for the GNA. Since then Haftar has been in control of large swathes of the Libyan state, suspending elections in early 2019 and also finding support from Egypt, Russia, Saudi Arabia and the UAE. International bodies and institutions have condemned Haftar's actions while the Libyan people are caught between loyalty to two rivaling groups that both have international backers.

In what is essentially a military led coup, Haftar is slowly but surely gaining a footing within one of Africa's largest countries that also contains the world's 10th largest proven oil reserves. This fact alone is telling of why international actors are so interested in the affairs of today's Libya as much as they once were during the Gaddafi era. However, fighting around airports has also been prominent with a focus on Tripoli International. The battle in the North African state is eerily reminiscent of fighting that took place during the Second World War, only this time with a focus on natural resources rather than the supreme power of a giant like Nazi Germany.

As a leading supplier of weapons, the United States continues to supply foreign powers with armaments. However, as a report in June revealed, the US doesn't always control what happens to those armaments when they are sold. US and Chinese weapons and anti-tank javelin missiles were discovered in the city of Gharyan that forces loyal to Haftar were using as a base to attack Tripoli. Not only does this reveal what can happen to armaments sold off to smaller, richer gulf nations it also shows that China is increasingly involving itself in the region to counterbalance the reach of the United States. It is indeed a telling time for international affairs.

Since 2011, approximately 100,000 people who have fled Libya with an additional 200,000 internally displaced within the country. As the fighting continues between Haftar's loyalists and GNA supporters, it is unlikely that a permanent resolution to the conflict is any closer. The simple truth is that the GNA (although receiving broader support from the international community) is not strong enough to counter the threat posed by Haftar. Furthermore, the International Criminal Court issued an arrest warrant for a number of military figures and also for Saif al-Islam Gaddafi, the son of the country's former leader.

The next few years will be crucial for Libya's future in the region as international actors see opportunities to secure access to natural resources, as well as the geostrategic benefit for the Middle East. Whether these benefits flow on to the Libyan people remains to be seen, which, judging from the present situation, is unlikely to be solved soon. While the end of the Gaddafi regime was a positive step for the people of Libya, the resulting conflict and violence have undermined that positive step. Libya now stands on the cusp of returning to autocratic rule if Haftar manages to topple the GNA - perhaps it is only a matter of time.

Related

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The Present-Day Libya Won't Last Much Longer - The Organization for World Peace

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"The next few years will be crucial for Libya's future in the region as international actors see opportunities to secure access to natural resources, as well as the geostrategic benefit for the Middle East. Whether these benefits flow on to the Libyan people remains to be seen, which, judging from the present situation, is unlikely to be solved soon."

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'We have cut them all': Ghana struggles to protect its last old-growth forests

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KUMASI, Ghana - The West African country of Ghana is known for having rich natural resources including vast tracts of rainforest. But its primary forest has all but vanished, with what remains generally relegated to reserves scattered throughout the country's southern third. These reserves are under official protection.

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OCP and the Ghanaian government have signed an agreement whereby OCP will build a fertilizer plant in the west of the country.

While the project is still in its conceptual phase, topographic and geotechnical studies are in progress. With the availability and processing of the natural resources of both countries, combining natural gas from Ghana and phosphate from Morocco, the industrial unit is expected to have a production capacity of approximately 1 million t.
Read the article online at: https://www.worldfertilizer.com/project-news/09092019/ocp-to-construct-fertilizer-plant-in-ghana/
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The company has said that global market conditions and the uncertainty related to Brexit mean its proposed US$500 million senior secured notes offering cannot currently be issued as planned.

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OCP to construct fertilizer plant in Ghana

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OCP and the Ghanaian government have signed an agreement whereby OCP will build a fertilizer plant in the west of the country. While the project is still in its conceptual phase, topographic and geotechnical studies are in progress.

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Think GeoEnergy - Geothermal Energy News

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Toshiba pledges support to Malawi's geothermal development ambitions and will provide scholarship to a Malawi student for Master or PhD studies in Japan in geothermal energy and hydro power in Japan.

As reported locally, in the context of this week's 7th Tokyo International Conference on African Development (TICAD7), co-hosted by the United Nations, United Nations Development Programme (UNDP), World Bank and African Union Commission (AUC), Toshiba has pledged to support geothermal energy development in Malawi.

This is part of a previous MOU signed between Toshibia and Malawi, we reported on, on cooperation for geothermal development in the country. Now the company will be offering a scholarship to a Malawian student to study geothermal energy and hydro power in Japan.

Satoshi Tsukanawa, President of Toshiba, made the pledge when he held a side meeting with Malawi Government delegation at TICAD7 in Yokohama, Japan. Toshiba and representatives of Malawai met on the sidelines of TICAD7 following the signed 2018 MOU that entailed Toshiba to strengthen "the development of energy sector in Malawi by building the capacity of the country's human resource in the sector."

"Toshiba is increasing its focus on Africa, including Malawi and we are going to support in the area of geothermal and hydro power systems," said Tsukanawa in an interview with Mana after the side meeting with the Malawi delegation. "So we would like to continue to have multilateral discussions on this on a win-win relationship basis," he added.

The support will be for "one young, talented and qualified Malawian in the said field up to Masters or Doctorate level would help in achieving sustainable development in the energy sector in Malawi.", so Tsuakanawa. He added that the identification of the candidate would be done in a couple of weeks to come through a transparent process between Malawi Government and the Japanese International Corporation Agency (JICA) in Malawi.

Once identified, the candidate would be fully sponsored by Toshiba to study in the said area in one of the Japanese universities for a year to attain the required level of mastery to develop the energy sector in Malawi with the support of Toshiba.

During the meeting, the delegation had pushed for funding of the energy project on South Rukulu River in Northern Region, according to Bagus. On May 3, 2018, Toshiba and Malawi's Ministry of Natural Resources, Energy and Mining signed a Memorandum of Understanding (MoU) in South Africa on Geothermal Power Generation. The MoU anticipated a comprehensive partnership in geothermal power projects, including capacity building programs in relation to the technology.

Source: Nyasa Times

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Toshiba pledges to support geothermal ambitions in Malawi, Africa

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Toshiba pledges support to Malawi's geothermal development ambitions and will provide scholarship to a Malawi student for Master or PhD studies in Japan in geothermal energy and hydro power in Japan.

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Malawi Nyasa Times - News from Malawi about Malawi

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At least 2 000 students in government run universities risk expulsion for lack of fees after Treasury cut a K11.9 billion budget for the loans.

Chris Chisoni, executive director of Higher Education Students Loans and Grants Board told a parliamentary cluster committee meeting on Monday in Lilongwe that the K11.9 billion budget, which the board budgeted for 17, 000 students, had been slashed.

He said only K9 billion has been approved, leaving out K2.9 billion which he said could have catered for 2, 000 students.

The students to be affected are from the Chancellor College, Polytechnic, College of Medicine, Lilongwe University of Agriculture and Natural Resources, Malawi University of Science and Technology, Kamuzu College of Nursing and Mzuzu University.

Education expert Steve Sharra has urged universities to explore ways of generating money on their own in the wake of dwindling government resources.

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Higher Education Students' Loans and Grants Board

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Malawi govt cuts university students loans budget, 2000 risk expulsion - Malawi Nyasa Times - News from Malawi about Malawi

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At least 2 000 students in government run universities risk expulsion for lack of fees after Treasury cut a K11.9 billion budget for the loans. Chris Chisoni, executive director of Higher Education Students Loans and Grants Board told a parliamentary cluster committee meeting on Monday in Lilongwe that the K11.9 billion budget, which the board budgeted for 17, 000 students, had been slashed.