Page 16 - LatAmOil Week 35 2022

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global German Chancellor Olaf Scholz said his coun-
(NRG), in which the reader is invited to join try hoped Canadian LNG could help expedite its
our team of international editors, who provide a shift away from imports of Russian gas.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new FSU OGM: CPC suspends oil loadings
concise format, but by clicking on the headline from two mooring points
link for each section the full text will be available The Caspian Pipeline Consortium (CPC) has
as before. suspended oil loadings from two of the three
single mooring points (SPMs) at its Black Sea
AfrOil: South Africa expects TotalEnergies terminal in Novorossiisk, where most Kazakh
to submit Luiperd development plan oil is loaded for world markets, due to inspec-
Phindile Masangane, the CEO of Petroleum tions. “CPC suspended loadings from SPM-2
Agency South Africa (PASA), has said she does since August 17 due to inspection and SPM-1
not expect TotalEnergies to let its licence for has been offline since earlier this month due to
Block 11B/12B, an offshore site that includes the the same reason,” one source told Reuters.
Luiperd natural gas and condensate fields, lapse
as a deadline for submitting production plans GLNG: Mitsubishi will seek to keep stake
approaches. She told Bloomberg she was “very in Sakhalin-2 project
confident” that the French major would finish Japan’s Mitsubishi has decided to apply to the
discussions with state-owned PetroSA and sub- Russian government to keep its stake in the
mit a production plan by September 6. Sakhalin-2 oil and gas project but still needs
Kremlin approval. Russian President Vladimir
AsianOil: China resells LNG to Europe Putin signed a decree on June 30 that will trans-
China is selling its surplus LNG cargoes to fer all rights and obligations of the Sakhalin-2
Europe, providing the latter with some relief as oil and gas project to a new Russian entity, effec-
European gas prices soar as a result of the sum- tively giving the Kremlin the power to national-
mer heatwaves and cutbacks in Russian gas sup- ise one of the largest energy projects in the world.
ply. European LNG imports soared 60% year on
year in the first six months of this year, according MEOG: Giants Brigades retake Shabwa
to Kpler, amounting to 53mn tonnes. fields
UAE-backed forces in Yemen retook control
DMEA: TotalEnergies says it will continue of oilfields in the south of the country follow-
building Arzew petchem plant in Algeria ing intense fighting with groups aligned with
TotalEnergies (France) has said it will continue the Houthi militia, which is in turn backed by
working to build a petrochemical plant in Alge- Iran. Local media reported that the al-Amaliqa
ria’s Arzew region, denying a report published (Giants) Brigades had seized control of energy
earlier by African Intelligence. That source had facilities in Shabwa Province from the Special
claimed the French oil group had decided to Security Forces, a paramilitary police group.
withdraw from the project.
NorthAmOil: Shell, Energy Transfer sign
EurOil: Germany looks to Canada for Lake Charles LNG offtake agreement
energy supplies Shell and Energy Transfer have signed a 20-year
Germany has identified resource-rich Canada as agreement for 2.1mn tonnes per year (tpy) of
a potential partner as it phases out its depend- LNG from the planned Lake Charles LNG pro-
ence on Russian gas and seeks alternative sources ject in Louisiana. The move is the latest in a series
of energy supply. On a visit to Canada this week, of binding offtake deals for Energy Transfer. ™

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P16 www. NEWSBASE .com Week 35 31•August•2022