Page 14 - MEOG Week 13 2022

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global minister, Robert Habeck, announced on March
(NRG), in which the reader is invited to join 28. Berlin has radically changed its energy policy
our team of international editors, who provide a in the wake of Russia’s invasion of Ukraine that
snapshot of some of the key issues affecting their started on February 24.
regional beats.
We hope you enjoy NRG’s new concise for- FSUOGM: Ruble deals to start within days
mat, but by clicking on the headline link for each The Kremlin has warned its Western adversaries
section the full text will be available as before. that Russia’s state-owned gas supplier Gazprom
will demand payment for its supplies in rubles
AfrOil: NUPRC highlights oil theft within days, in what marks Moscow’s toughest
The Nigerian Upstream Petroleum Regulatory response to Western sanctions imposed for the
Commission has identified the pipeline net- invasion of Ukraine.
works serving the Bonny, Forcados and Brass Russian President Vladimir Putin has
terminals as the biggest sources of crude oil theft described Western sanctions as akin to eco-
in the country. nomic warfare, and announced on March 23
In a meeting with representatives of the that all payments for Russian gas by so-called
Independent Petroleum Producers Group and “unfriendly states” should be paid in rubles, and
the Oil Producers Trade Section on March 24, has instructed Russia’s Central Bank and Gaz-
NUPRC officials said that these three networks prom to put the requirement in place within a
appeared to be particularly vulnerable because week.
of the economic challenges facing host com-
munities and some investors’ failure to engage GLNG: Tellurian starts Driftwood LNG work
adequately with residents. US-based Tellurian announced on March 28 that
it had kicked off construction on its Driftwood
AsianOil: Sinopec plans highest capex LNG terminal on Louisiana’s Gulf Coast.
China’s Sinopec is targeting the largest capital The company has issued engineering, pro-
expenditure budget in its history for 2022. curement and construction contractor Bechtel
This comes after the state-owned company with a limited notice to proceed.
recorded its highest profit in a decade, and is in
line with Beijing’s call for energy companies to LatAmOil: Pemex named Zama’s operator
ramp up production. US-based Talos Energy has confirmed its receipt
of documents from Mexico’s Secretariat of
DMEA: Shootout at Dangote Energy (SENER) finalising the decision to award
Nigeria’s Dangote Refinery came under attack Pemex, the national oil company, control of the
this week as an armed group exchanged fire with offshore acreage that includes the Zama oilfield.
security personnel during an attempt to steal In a statement, Talos said it had received
equipment. from SENER the unitisation resolution that
Lagos State Police Command reported that merges Block 7, where Talos originally discov-
it had foiled an attempted attack on the refinery, ered Zama, with Uchukil 0152, adjacent block
which is scheduled to begin operations in Sep- assigned to Pemex.
tember at an initial capacity of 540,000 barrels
per day. NorthAmOil: Shell starts PowerNap output
Shell announced on March 29 that it had started
EurOil: Germany to phase out Russian energy production at the PowerNap project in the US
Germany is looking to halve its imports of Rus- Gulf of Mexico.
sian oil by the middle of this year and make its PowerNap is a subsea tieback to the Olym-
refining sector “almost independent” from Mos- pus platform, which is also operated by Shell and
cow by the end of 2022, the country’s economy located in the Mars Corridor.™

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P14 www. NEWSBASE .com Week 13 30•March•2022