Page 17 - MEOG Week 09

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global The project will involve expanding an exist-
(NRG), in which the reader is invited to join ing 10-MW electrolyser to a capacity of 100 MW.
our team of international editors, who provide a Using green hydrogen produced from the elec-
snapshot of some of the key issues affecting their trolyser as well as biomass, the PTL unit would
regional beats. We hope you will like NRG’s new produce 100,000 tonnes per year (tpy) of syn-
concise format, but by clicking on the headline thetic kerosene and naphtha.
link for each section the full text will be available
as before. FSU OGM: Kazakhstan’s big oil find
Local authorities in Kazakhstan’s oil-rich west-
AfrOil: Sasol’s gas FID ern Mangistau region have reported the discov-
South Africa’s Sasol has made a final invest- ery of what could be the region’s biggest oil find
ment decision (FID) on the development of since the country’s independence in 1991.
an onshore natural gas field in neighbouring A power gush of oil was reported at an explo-
Mozambique. This move will allow the com- ration well drilled by a local company called
pany to move forward with this $760mn project, Meridian Petroleum, the Mangistau provincial
which will include overland gas shipments to government said in a statement on February 26.
South Africa, LPG production for the local mar- The field has been named after celebrated Sovi-
ket and the construction of a gas-fired thermal et-era oilman Khalel Uzbekgaliyev.
power plant (TPP).
GLNG: Jordan Cove LNG in doubt
AsianOil: IOC plans Panipat expansion The future of Pembina Pipeline’s proposed Jor-
State-run refiner Indian Oil Corp. (IOC) has dan Cove LNG export terminal in Oregon looks
unveiled a multi-billion-dollar plan to expand increasingly in doubt, with the company taking a
the capacity of its Panipat refinery by 200,000 write-down on its investment in the project.
barrels per day. Pembina now says it can no longer predict
The company said on February 26 that it when the facility may be built, and is evaluating
would invest INR329.46bn ($4.49bn) to increase the path forward.
the facility’s capacity to 500,000 bpd by Septem-
ber 2024. LatAmOil: Ecopetrol comments on ISA bid
Colombia’s national oil company (NOC) Eco-
DMEA: Dangote to the rescue petrol has defended its decision to submit a bid
The refinery currently being built by Nigeria’s for a majority stake in Interconexion Electrica
Dangote Group has once again been hailed as a SA (ISA), the country’s electricity transmission
potential saviour for Nigeria. This time, the gov- system operator (TSO). According to Felipe
ernor of the country’s Central Bank has said that Bayon, the company’s CEO, the TSO is a good
once it comes into production the 650,000 barrel investment, even though it falls outside Ecopet-
per day (bpd) facility will sell products in naira, rol’s core business.
saving the government from spending around
41% of its foreign exchange on petroleum prod- NorthAmOil: Crude-by-rail on the rebound
uct imports. Canadian crude-by-rail exports are reported to
be rebounding after falling almost 40% in 2020,
EurOil: European refining developments according to the Canada Energy Regulator
Royal Dutch Shell is looking to construct the first (CER).
ever commercial bio-power-to-liquid (bio-PTL) The regulator’s data show that crude-by-rail
unit at its Rheinland refinery in Germany, the exports averaged 172,013 barrels per day, com-
company said on February 26. pared with 280,272 bpd in 2019.™

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