Page 19 - DMEA Week 40 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global arrested in the US on September 24 on charges
(NRG), in which the reader is invited to join of hiding $93mn in offshore accounts and failing
our team of international editors, who provide a to pay tax on $40mn of income.
snapshot of some of the key issues affecting their
regional beats. GLNG: QP’s pair of Chinese deals
We hope you enjoy NRG’s new concise for- State-owned Qatar Petroleum has signed a pair
mat, but by clicking on the headline link for each of deals with Chinese companies in the last two
section the full text will be available as before. weeks that highlight the role of Asian players in
Doha’s expansion plans.
AfrOil: EACOP nears pipe supply deals Last week, QP signed a 15-year sale and pur-
The consortium set up to build and operate chase agreement to supply 3.5mn tonnes per
the East Africa Crude Oil Pipeline (EACOP) is year of LNG to a subsidiary of China National
reportedly close to finalising arrangements with Offshore Oil Corp.
future suppliers of steel pipe.
According to Martin Tiffen, the general man- LatAmOil: Colombia’s hydrogen ambitions
ager of the consortium, TotalEnergies (France) Colombia’s government has finalised and pub-
and the other investors in EACOP are still wait- lished a long-term plan for the establishment of
ing to sign the main supply agreements for the a domestic hydrogen industry.
pipeline, which will carry crude from western The plan, known as the Hydrogen Roadmap,
Uganda to Tanzania’s Indian Ocean coast. outlines the steps the South American country
will take to promote the production and con-
AsianOil: India raises gas prices sumption of blue and green hydrogen as an
The Indian government has increased natural energy source over the next 30 years.
gas prices for the majority of the country’s pro-
duction by 62% for the next six months. MEOG: Iraqi exports and Qatari deals
The Ministry for Petroleum and Natural Gas’ This week’s MEOG covers the latest updates on
Petroleum Planning and Analysis Cell (PPAC) Iraqi efforts to improve its export capabilities
announced on September 30 that rates for New and another Chinese deal for QP.
Exploration Licensing Policy (NELP) and pre- The governments of Iraq and Turkey are
NELP blocks for the six months from October 1 working to reopen the 970-km pipeline that
would climb from $1.79 per mmBtu ($49.51 per transports Iraqi crude from Kirkuk to export
1,000 cubic metres) to $2.9 per mmBtu ($80.21 facilities in Ceyhan on the Turkish Mediterra-
per 1,000 cubic metres). nean coast. Meanwhile, having last week agreed
a 15-year LNG supply deal with CNOOC, QP
EurOil: more UK energy suppliers go under placed the first order under its LNG fleet expan-
Three more UK energy suppliers have ceased sion programme, committing to buy four LNG
trading, Ofgem announced on September 30, as carriers from Hudong-Zhonghua Shipbuilding
the crisis on the country’s gas and power mar- Group Co., a subsidiary of the China State Ship-
kets deepens. building Corp. for $770mn.
The companies, Enstroga, Igloo Energy and
Symbio Energy, have 6,000, 179,000 and 48,000 NorthAmOil: Ottawa invokes 1977 treaty
customers respectively, Ofgem said. The Canadian government invoked Article Six
of the 1977 Transit Pipelines Treaty on October
FSUOGM: Push to delay Gyetvay case 4 amid a dispute over Enbridge’s Line 5 pipeline
US prosecutors are pushing for a delay in a tax with the State of Michigan.
fraud case involving the deputy chairman of The move kicks off a dispute resolution pro-
Russian gas producer Novatek, Mark Gyetvay, cess contained in the treaty, paving the way for
arguing that they need more time to gather direct talks with the administration of US Presi-
evidence. Florida businessman Gyetvay was dent Joe Biden over the pipeline. .™

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