Page 14 - AsianOil Week 19 2021

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

This week’s top stories...

NRG Welcome to NewsBase’s Roundup Global Severo-Kustarnikovy block, which is believed to
(NRG), in which the reader is invited to join be gas prone.
our team of international editors, who provide a
snapshot of some of the key issues affecting their GLNG: Sempra to delay Port Arthur LNG FID
regional beats. We hope you will like NRG's new SEMPRA Energy said last week that it would
concise format, but by clicking on the headline likely delay the final investment decision (FID)
link for each section the full text will be available on its proposed Port Arthur LNG export termi-
as before. nal in Texas to 2022. If this happens, it would be
the second delay after Sempra initially pushed
AfrOil: Total launches Zinia Phase 2 project back the FID from 2020 to 2021 as a result of
FRANCE’S Total has launched the second stage market uncertainty caused by the coronavirus
of development work at Zinia, a section of Block (COVID-19) pandemic.
17 offshore Angola. In a joint statement with
Angola’s National Oil, Gas and Biofuels Agency LatAmOil: AMLO blasted for favouring Pemex
(ANPG), Total reported that it had brought the MEXICAN President Andres Manuel Lopez
Zinia Phase 2 short-cycle project on stream. Obrador has come under fire from an influential
US industry association for his efforts to ensure
DMEA: Angolan outlet and Syrian blaze that state-owned companies continue to domi-
THIS week’s DMEA looks at a recent deal nate the domestic energy sector. In a letter sent to
between Angola and Zambia to carry out stud- several high-ranking US officials, the American
ies on a long-awaited fuel pipeline and a spate Petroleum Institute (API) criticised the Mexi-
of fires at Syrian refineries. Luanda and Lusaka can government’s policy of giving preference to
signed a memorandum of understanding to public-sector organisations such as Pemex, the
carry out studies for the construction of the national oil company (NOC), and the Federal
Angola-Zambia Oil Pipeline. In Syria, a fire Electricity Commission (CFE).
broke out at a 100,000 barrel per day refinery in
the western province of Homs at the weekend, MEOG: Basra buying and Burgan on fire
taking one of its four crude distillation units out THIS week’s MEOG looks at Basra Oil Co.
of service. (BOC’s) efforts to buy a major stake in one of
Iraq’s biggest oilfields and the outbreak of a fire
Euroil: Poland prepares to lay Baltic Pipe at the world’s second-largest onshore oilfield.
PREPARATIONS are underway for pipelaying Following weeks of speculation, BOC submit-
to begin at the Baltic Pipe project that will flow ted a formal request this week to acquire Exxon-
Norwegian gas to Poland, Polish gas transmis- Mobil’s 32.7% stake in the West Qurna-1 oilfield
sion system operator Gaz-System reported on development project. In Kuwait, state-owned
May 6. The EU-backed pipeline will deliver 10bn Kuwait Oil Co. (KOC) said that production from
cubic metres per year of gas to Poland at full the country’s key Great Burgan oilfield had not
capacity, helping the country to wean itself off been affected despite the outbreak of a “limited”
Russian gas and replace more coal-fired power fire which injured two workers.
generation with cleaner gas-burning plants.
NorthAmOil: Colonial Pipeline knocked out
FSU OGM: Rosneft’s licence purchase A ransomware cyberattack on Colonial Pipeline
ROSNEFT outbid its domestic rival Gazprom in has been described as one of the most disrup-
a heated tender in late April for rights to a large tive digital ransom schemes ever reported. The
onshore oil and gas block in the Yamalo-Nen- 5,500-mile (8,850-km) pipeline, which carries
ets region, paying an unusually high $240mn nearly half the fuel consumed along the US East
for the licence. Rosnedra invited bids start- Coast, was forced by the attack to go offline on
ing at RUB697mn ($9.45mn) for rights to the May 7.™

P14 www. NEWSBASE .com Week 19 13•May•2021