Page 18 - AfrOil Week 05 2022

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global reach its long-held goal of producing 2mn boepd
(NRG), in which the reader is invited to join of oil and gas by the end of last year.
our team of international editors, who provide a
snapshot of some of the key issues affecting their GLNG: Gastrade reaches FID on
regional beats. We hope you will like NRG’s new Alexandroupolis LNG
concise format, but by clicking on the headline Greece’s Gastrade announced on January 28
link for each section the full text will be available that it had made a final investment decision on
as before. the Alexandroupolis LNG import terminal. The
floating LNG project, off the coast of Alexan-
AsianOil: Malaysia launches 2022 droupolis, will have the capacity to import up
licensing round to 5.5bn cubic metres per year of gas. It will be
Malaysia’s state-owned Petronas launched the Greece’s second LNG import terminal.
country’s 2022 licensing round on January 27.
Under the Malaysia Bid Round 2022, 14 explo- LatAmOil: Peru prohibits Repsol from
ration blocks, six clusters of discovered resource unloading oil at La Pampilla
opportunities and one cluster of late-life assets Peru’s Environment Minister Ruben Ramirez
are on offer. said on January 31 that Repsol (Spain) would
not be permitted to take delivery of feedstock
DMEA: Going in circles for its La Pampilla refinery until it could provide
Saudi Arabia’s National Methanol Co. (Ibn Sina) adequate technical guarantees with respect to
has received accreditation for circular methanol its ability to handle oil spills. Ramirez declared
production by the International Sustainability that the Spanish company was already perform-
and Carbon Certification (ISCC). Meanwhile, ing inadequately, as evidenced by the spill that
Nigerian National Petroleum Corp. (NNPC) occurred at one of the four moorings it operates
has said that its effort to rehabilitate Port Har- at La Pampilla on January 15.
court Refining Co. (PHRC) is running behind
schedule. MEOG: Kuwait keeps moving upstream
State-owned Kuwait Oil Co. (KOC) is expected
EurOil: More Hammerfest LNG delays to issue tenders for high-pressure water injec-
Equinor has warned of a further delay in the tion to increase oil production from northern
restart of the Hammerfest LNG plant in Nor- oilfields. Meanwhile, a group of officials from
way’s far north, dashing hopes that the terminal Kuwait and Saudi Arabia met this week to hold
would help ease supply constraints in Europe talks about the future development of oil projects
at the tail-end of winter. Hammerfest LNG had in their shared Partitioned Neutral Zone.
to be closed in September 2020 after a serious
fire tore through the facility, requiring extensive NorthAmOil: ConocoPhillips to sell certain
repairs and reconstruction. Permian assets to Maverick
US-based ConocoPhillips has agreed to sell
FSU OGM: Gazprom Neft to lead Russian certain assets in the Permian Basin to privately
output growth owned Maverick Natural Resources for $440mn.
Gazprom Neft aims to be producing 3mn barrels The producing assets are located in the Permi-
of oil equivalent per day by 2025, the company’s an’s Central Basin Platform and Northwest Shelf
CEO Alexander Dyukov announced last week, areas, spanning roughly 144,500 net acres (585
which would put it on a faster growth trajectory square km) across Texas’ Andrews and Ector
than any of its peers. The oil arm of state-owned counties and New Mexico’s Eddy and Lea coun-
Gazprom said in mid-December that it would ties. ™

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P18 www. NEWSBASE .com Week 05 02•February•2022