Page 20 - AfrOil Week 13 2022
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AfrOil                          NEWSBASE ROUNDUP GLOBAL (NRG)                                          AfrOil


       NewsBase Roundup Global (NRG)








        NRG              Welcome to NewsBase’s Roundup Global  invasion of Ukraine. Russian President Vladimir
                         (NRG), in which the reader is invited to join our  Putin, who describes Western sanctions as akin
                         team of international editors, as they provide a  to economic warfare, has said that Russia’s Cen-
                         snapshot of some of the key issues affecting their  tral Bank and Gazprom should require all pay-
                         regional beats. We hope you will like NRG’s new  ments for Russian gas by so-called “unfriendly
                         concise format, but by clicking on the headline  states” to be paid in rubles.
                         link for each section the full text will be available
                         as before.                           GLNG: Tellurian starts construction on
                                                              Driftwood LNG
                         AsianOil: Sinopec plans biggest capex   US-based Tellurian announced on March 28 that
                         budget in history                    it had kicked off construction on its Driftwood
                         China’s Sinopec is targeting the largest capital  LNG terminal on Louisiana’s Gulf Coast. The
                         expenditure budget in its history for 2022. This  company has issued engineering, procurement
                         comes after the state-owned company recorded  and construction contractor Bechtel with a lim-
                         its highest profit in a decade, and is in line with  ited notice to proceed.
                         Beijing’s call for energy companies to ramp up
                         production.                          LatAmOil: SENER formally names Pemex
                                                              as operator of Zama oilfield
                         DMEA: Shootout at Dangote            US-based Talos Energy has confirmed its
                         Nigeria’s Dangote Refinery came under attack  receipt of documents from Mexico’s Secretariat
                         this week as an armed group exchanged fire  of Energy (SENER) finalising the decision to
                         with security personnel during an attempt to  award Pemex, the national oil company, control
                         steal equipment. Lagos State Police Command  of the offshore acreage that includes the Zama
                         reported that it had foiled an attempted attack  oilfield. In a statement, Talos said it had received
                         on the refinery, which is scheduled to begin  from SENER the unitisation resolution that
                         operations in September at an initial capacity of  merges Block 7, where Talos originally discov-
                         540,000 barrels per day.             ered Zama, with Uchukil 0152, adjacent block
                                                              assigned to Pemex.
                         EurOil: Germany unveils plan to phase out
                         Russian energy                       MEOG: Iranian drilling and supplies for
                         Germany is looking to halve its imports of Rus-  Jordan
                         sian oil by the middle of this year and make its  National Iranian Drilling Co. (NIDC) has started
                         refining sector “almost independent” from Mos-  a 10-well campaign at the supergiant South Aza-
                         cow by the end of 2022, the country’s economy  degan oilfield in the south of the country. Mean-
                         minister, Robert Habeck, announced on March  while, the Jordanian government this week
                         28. Berlin has radically changed its energy policy  agreed to renew an agreement to import 10,000
                         in the wake of Russia’s invasion of Ukraine that  barrels per day of Kirkuk crude from Iraq after
                         started on February 24.              the previous deal expired in January.

                         FSU OGM: Russian requires ruble pay-  NorthAmOil: Shell starts production at
                         ments within days                    PowerNap project in Gulf
                         The Kremlin has warned its Western adversaries  Shell announced on March 29 that it had started
                         that Russia’s state-owned gas supplier Gazprom  production at the PowerNap project in the US
                         will demand payment for its supplies in rubles  Gulf of Mexico. PowerNap is a subsea tieback to
                         within days, in what marks Moscow’s toughest  the Olympus platform, which is also operated by
                         response to Western sanctions imposed for the  Shell and located in the Mars Corridor. ™




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