Page 18 - AfrOil Week 25 2021

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global gas supplies to China via the Power of Siberia
(NRG), in which the reader is invited to join pipeline. In an investor presentation on June 17,
our team of international editors, who provide a Gazprom’s deputy chairman Famil Sadigov said
snapshot of some of the key issues affecting their the company had delivered 4.1bn cubic metres
regional beats. We hope you will like NRG’s new of gas to China in 2020 and earned RUB44.3bn
concise format, but by clicking on the headline ($608mn) from those sales.
link for each section the full text will be available
as before. GLNG: Skikda LNG plant forced to shut on
technical issue
AsianOil: Sarawak awards onshore project Algeria’s state-owned Sonatrach reported at the
to Petra Energy, Uzma weekend that it had taken the Skikda LNG plant
Sarawak state-owned Petroleum Sarawak (Pet- offline on June 11. In a statement, Sonatrach
ros) has awarded the development contract for attributed the shutdown to technical problems.
onshore Block SK433 to Malaysian independ- “A technical issue occurred on June 11 at the
ents Petra Energy Development and Uzma Skikda LNG complex and led to the shutdown
Engineering. Petros issued a letter of conditional of this complex,” it said.
award for the block on June 15, Uzma said on
June 18, adding that its partner would operate LatAmOil: Staatsolie awards shallow-wa-
the licence for the joint venture. ter blocks to three IOCs
Suriname’s national oil company (NOC) Staat-
DMEA: Nigerian fuel subsidies solie has concluded the Shallow Offshore Bid
The International Monetary Fund (IMF) is Round by awarding three shallow-water offshore
concerned about the resurgence of fuel subsi- blocks to Chevron (US) and a consortium set
dies in Nigeria, as plastics manufacturers await up by TotalEnergies (France) and Qatar Petro-
improved feedstock availability. The IMF this leum. Staatsolie named Chevron and the con-
week voiced its concern about the increasing sortium as the winning bidders in the licensing
implementation of fuel subsidies in Nigeria round on June 18.
despite Abuja claiming to have ended their use.
MEOG: WQ-1 expansion
EurOil: The hydrogen storage challenge Iraq’s Ministry of Oil (MoO) announced that
The EU has embraced hydrogen as a key tool state-owned Basra Oil Co. (BOC) had signed a
for decarbonising heavy industry and other sec- contract with incumbent US operator Exxon-
tors, but a new report suggests that developing Mobil and services firm Schlumberger to drill 96
enough storage capacity for the fuel could be a wells to allow for an increase in output capabili-
significant hurdle. Even if all existing natural gas ties from the current 500,000 barrels per day to
storage capacity across the 21 countries included 700,000 bpd.
in the report was repurposed for hydrogen,
Europe would still fall “far short” of the capacity NorthAmOil: Hurricane season disruption
it needs for anticipated hydrogen demand in the begins
future, the report by Gas Infrastructure Europe Some disruption to oil and gas operations in
(GIE) concludes. the US Gulf of Mexico was seen last week, as a
weather disturbance that later became Tropical
FSU OGM: Gazprom reveals Chinese gas Storm Claudette threatened the region. Chev-
supply details ron and Occidental Petroleum both said on June
Russia’s Gazprom has for the first time publicly 17 that they were implementing storm precau-
disclosed how much it is earning from natural tions at their offshore facilities. ™

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P18 www. NEWSBASE .com Week 25 23•June•2021