Page 18 - EurOil Week 07 2023

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup bcm last year, Azeri President Ilham Aliyev
Global (NRG), in which the reader is invited announced at a ministerial meeting of the
to join our team of international editors, who Southern Gas Corridor Advisory Council on
provide a snapshot of some of the key issues February 3.
affecting their regional beats. We hope you will Imports also grew in 2022, from 19
like NRG's new concise format, but by clicking bcm in 2021, the Azeri president said. He
on the headline link for each section the full text also reaffirmed Azerbaijan’s commitment
will be available as before. to doubling gas flow to Europe by 2027, in
line with an agreement with the European
Commission.
AfrOil: NGOs File Complaint Against US In-
surer Over Role In EACOP Project GLNG: China’s LNG Imports Forecast To
A group of non-governmental organisations Rebound After Plunging 20% In 2022
(NGOs) has alleged that New York-based China’s liquefied natural gas (LNG) imports
Marsh, a member of the Marsh McLennan are projected to recover in 2023 to between
Group, is violating international guidelines 70mn and 72mn tonnes, marking a 9%
for responsible business conduct by to 14% rise from 2022, analysts at Rystad
brokering insurance underwriting services Energy, Wood Mackenzie and ICIS told
for the East Africa Crude Oil Pipeline Reuters.
(EACOP) project. In 2022, LNG imports to China fell 20%
The group, which pairs Inclusive year on year to 64.4mn tonnes as strict
Development International (IDI) of the US Covid lockdowns combined with increased
with 10 Ugandan and Tanzanian NGOs use of natural gas from domestic production
focused on environmental and human and pipeline sources dinted the country’s
rights issues, has filed a complaint against appetite.
Marsh with the National Contact Point
(NCP), a division of the US Department of LatAmOil: Perupetro To Negotiate New Ex-
State. ploration Deals Directly With Investors
Peru’s national oil and gas concessionaire Peru-
AsianOil: Russia, China Sign Intergovt Deal petro revealed on February 2 that it had opened
On Far Eastern Gas Supplies up 31 new exploration licences for investment
Russia and China have signed an and was prepared to negotiate directly with pro-
intergovernmental agreement on pipeline gas spective partners.
deliveries via the Far East, the Russian energy Fernando Ruiz Lecaros, a member of
ministry has reported in a document last Perupetro’s board of directors, told investors
week, moving the two sides to a new stage in in Houston that the new licence areas were
negotiations on the supply route. located within the Madre de Dios, Maranon,
The agreement, signed by the two Salaverry, Tumbes and Uyucali basins.
governments on January 31, sets out the key
parameters for a 10 bn cubic metre per year MEOG: Kish Gas Development Deal Signed
gas supply contract that they clinched in Two state-owned Iranian firms signed a $900mn
February 2022. deal last week for the development of the
country’s second-largest gas field in the Persian
DMEA: Militia Threatens Iraqi Pipeline Gulf.
An Iraqi militant group with links to Iran this A signing ceremony was held in Tehran
week made vague threats to halt any effort to over the weekend between the Iranian
establish a pipeline route linking Basra with Offshore Engineering and Construction Co.
the Red Sea. (IOEC) and Pars Oil and Gas Co.
Various versions of plans to build a
1,600-km conduit to carry crude oil from NorthAmOil: Equinor Receives Licence For
Iraq’s oil-rich Basra Governorate to the Red Discovery Off Newfoundland
Sea port of Aqaba have been on the drawing The Canada-Newfoundland and Labrador
board since 1982, with political, technical Offshore Petroleum Board (C-NLOPB)
and commercial concerns converging to has issued a license to Equinor for the See the archive and
derail progress. Cappahayden K-67 discovery in the sign up to receive
FSUOGM: Azerbaijan Targets Further province's waters. The board estimates that *NRG Editor’s Picks*
Growth In Gas Exports In 2023 it holds about 385mn barrels of recoverable for free by email each
Azerbaijan will boost natural gas exports oil. It is C-NLOPB’s first such licence in two week here
to 24.5bn cubic metres in 2023, from 22.6 years.

P18 www. NEWSBASE .com Week 07 16•February•2023