Page 18 - AfrOil Week 29 2021

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global companies, is paying closer attention to its envi-
(NRG), in which the reader is invited to join ronmental social and governance (ESG) score
our team of international editors, who provide a than ever before.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new First Nation, partners propose Canadian
concise format, but by clicking on the headline LNG project
link for each section the full text will be available The Nisga’a Nation, a First Nation in the Cana-
as before. dian province of British Columbia, has unveiled
a proposal for the Ksi Lisims LNG project, along-
AsianOil: Indonesia’s H1 output falls short side its partners Western LNG and Rockies LNG
Indonesia’s oil and gas production in the first Partners. The initial project description has been
half of this year has once again missed the gov- filed with provincial and federal regulators. The
ernment’s target, the country’s upstream regu- group is proposing to build a 12mn tonne per
lator revealed last week. SKK Migas chairman year (tpy) LNG project at Wil Milit on the north-
Dwi Soetjipto said on July 16 that crude lifting ern tip of Pearse Island, near the Nisga’a village of
amounted to 667,000 barrels per day in the first Gingolx, close to BC’s border with Alaska.
six months.
LatAmOil: ECA receives carbon-offset LNG
DMEA: Fao funding and Jask loading BP (UK) has made its first carbon-offset delivery
Oil Minister Ihsan Abdul-Jabbar has disclosed of LNG to the Energía Costa Azul (ECA) termi-
that Iraq’s recent award of a contract to a Chi- nal in Mexico under a contract with two subsid-
nese company for the construction of a major iaries of US-based Sempra Energy – namely, the
new refinery followed receipt of guarantees to company’s Mexican arm IEnova and its LNG
finance the project. Meanwhile, the first volumes arm Sempra LNG. In a joint statement, BP and
of crude will begin being loaded from Iran’s new Sempra noted that the LNG was due to arrive at
Jask Oil Terminal (JOT) following the arrival ECA’s terminal on July 16.
of oil through the first phase of the 1,000-km
Goreh-Jask pipeline. MEOG: Oman bidding, Kuwait drilling
Oman’s Ministry of Energy and Minerals last
EurOil: Higher carbon costs week announced that it will begin accepting bids
Natural gas producers in Europe are bracing for three hydrocarbon concessions next month
themselves for higher carbon costs following the under its 2021 Licensing Round. Meanwhile,
European Commission’s unveiling of its Fit for state-owned Kuwait Oil Co. (KOC) is intending
55 legislative proposal, aimed at aligning bloc to drill more than 750 wells in the north of the
rules with the target to reduce greenhouse gas country as it seeks to expand its oil production
(GHG) emissions by 55% by 2030. The Fit for 55 capacity despite shelving plans for nearby gas
package primarily consists of adjustments to the development.
EU’s Emissions Trading System, its flagship tool
for reducing emissions. NorthAmOil: Cheniere’s expansion plan
boosted by Tourmaline deal
FSU OGM: Novatek’s carbon-cutting team Leading US LNG exporter Cheniere Energy has
Russia’s Novatek has put together a team of its struck a 15-year supply deal with Tourmaline
directors to look at ways of tackling its green- Oil, the largest producer of natural gas in Can-
house gas (GHG) emissions, even while it ada. The deal aims to support a proposed expan-
pursues a rapid expansion in its liquefaction sion of Cheniere’s Corpus Christi LNG export
capacity. Novatek, like other Russian oil and gas terminal in Texas. ™

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P18 www. NEWSBASE .com Week 29 21•July•2021