Page 14 - FSUOGM Week 05 2021

FSUOGM NEWS IN BRIEF FSUOGM

Novatek and the entire oil and gas industry. The workers were said to want their citing data from a state monitor published on
Hydrogen technologies have great prospects salaries of around $160 doubled as they January 26.
to reduce the level of global greenhouse gas currently cannot afford to provide for their The country reduced its output by nearly
emissions, and further work is required to families. Five days earlier, dozens of oil 200,000 barrels per day earlier in the month
develop and adapt these technologies for workers at the nearby Kokzhide oil field also after winter weather caused the outages,
operations in Arctic climatic conditions”. kicked off a strike with the same demands. leading to transit disruptions on some routes.
The workers have been demanding a Daily oil production was restored to
salary raise since March last year to no avail, 227,200 tonnes on January 25 from 195,700
Gazprom Neft deploys one protester told RFE/RL. tonnes recorded on January 21 and 182,774
tonnes registered on January 20, the data
“The management kept saying that
ultrasound-based oil- salaries had been defined in individual work showed. Nevertheless, output this month lags
plans by around 660,000 tonnes, the report
contracts and did nothing. That is why we
treatment tech decided to start the strike,” the worker said. said, citing a source familiar with the data.
AMK-Munai director Yerzhan Koldasov
"TCO confirms that its production units
The Gazprom Neft Science and told the news service that the operations at at Tengiz are now fully operational, following
Technology Centre, together with Slavneft- the oil field were not disrupted despite the a temporary technical issue and TCO is
Megionneftegaz, has completed testing of strike. striving to recover output over the coming
Russia’s first ever oil-treatment technology “We will discuss the issue. We will meet days," Chevron-led Tengizchevroil (TCO)
involving the use of industrial ultrasound. with them," Koldasov said. said in a statement.r.
This technology separates water—oil
emulsions into oil and water, under the
influence of ultrasonic waves. The process Russia to boost imports of Azeri wealth fund reports
takes place directly in the pipeline, without
the use of special separation tanks. This Turkmen gas until 2035 oil, gas revenues for 2020
new technology can cut consumption
of demulsification agents by as much Russia’s Gazprom plans to increase purchases Revenues of Azerbaijan's sovereign wealth
as 30% in comparison with traditional of natural gas from Turkmenistan until 2035, fund (SWF), the State Oil Fund of Azerbaijan
methodologies,* as well as allowing TASS reported regarding the draft general (Sofaz), from the country’s major oil and gas
Russian-made chemicals to be used instead scheme for future supplies of gas to Russia on fields amounted to $3.8bn in 2020, the Fund
of expensive imported alternatives. January 28. reported.
Specialists at the Gazprom Neft Science Russia, despite its large petrochemical As of January 1, 2021, the Fund’s assets
and Technology Centre researched the sector, sees imports of low-cost Turkmen gas totalled $43.5bn, slightly up by 0.56% from a
impacts of ultrasound, electromagnetic as a plentiful supply for its several republics year ago, it added.
radiation, low, high and ultra-high and oblasts on the far side of the Caspian The Azeri-Chirag-Guneshli block of
frequencies, and electrohydraulic shock Sea. fields, which make up the largest oil resource
waves. Researchers from Gubkin Russian "According to the gas strategy, Russia in in the Azerbaijani sector of the Caspian Sea,
State University of Oil and Gas, together 2020-2035 can increase gas supplies from accounted for $3.5bn of the hydrocarbon
with physics engineers from the NPO Volna Turkmenistan to 5.5bn cubic metres of revenue, Sofaz said.
Research and Development Institute, were gas per year and Uzbekistan to 8 bcm in Sofaz revenues from the Shah Deniz field,
also involved in laboratory testing, the comparison with the volume for 2019," the which is among the world’s largest gas-
outcomes of which revealed how different statement said. condensate fields, amounted to $293.9mn in
force fields act in separating oil—water In 2019, gas supplies from Turkmenistan 2020. Revenues from the sale of condensate
emulsions, ensuring the most effective to Russia amounted to 4 bcm; from from Shah Deniz amounted to $223.4mn.
process in oil and water treatment. Uzbekistan, 7.7 bcm, and from Kazakhstan, The Fund also stated its 2020 budget
Testing conducted at a Slavneft- 14.2 bcm. revenues as Azerbaijani manat (AZN) 9.3bn
Megionneftegaz field has demonstrated Gas supplies from Kazakhstan in 2021 ($547.4mn), while budget expenditures for
the high cost-effectiveness of this new are planned to be 13.1 bcm, reducing to 12.3 the year totalled AZN12.4bn.
technology, and scope for its replication bcm in 2022-2035. AZN 12.2bn was transferred to the
throughout other company assets.. According to the document, in 2020, state budget within the framework of
preliminary estimates of gas imports from the implementation of the Fund’s budget
Central Asia amounted to 26 bcm. for 2020, Sofaz also noted. Additionally,
The estimate of Russian gas exported in AZN200mn was allocated for the
CENTRAL ASIA & SOUTH 2025 will be in the range from $146 to $211 resettlement of refugees and internally
per 1,000 cubic metres. displaced perssons (IDPs) and the
CAUCASUS Turkmenistan is the country with the improvement of their social and living
fourth-highest natural gas reserves in the conditions.
Around 60 oil workers go world after Russia, Iran and Qatar. for financing the “State Program on
A sum of AZN 4.1mn was allocated

on strike in Kazakhstan’s Kazakhstan restores oil the Improvement of the International
Competitiveness of the Higher Education
Aktobe Region System in Azerbaijan for 2019-2021”, the
Fund said.
More than 60 oil workers at AMK-Munai output after power outage SOFAZ management expenditures
company's Bashenkol field in Kazakhstan's Kazakhstan has partially restored its daily amounted to AZN 21.2mn during 2020..
northwestern Aktobe Region have gone on oil and gas condensate output following
strike demanding a monthly salary, RFE/RL power outages that disrupted output earlier
reported. in January, Business Recorder reported,

P14 www. NEWSBASE .com Week 05 03•February•2021