Page 15 - AsianOil Week 36 2021

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

This week’s top stories...

NRG Welcome to NewsBase’s Roundup Global recent months. But despite its financial numbers,
(NRG), in which the reader is invited to join Gazprom faces risks ahead, with the fate of its
our team of international editors, who provide a Nord Stream 2 pipeline still hanging in the bal-
snapshot of some of the key issues affecting their ance, while its rival Rosneft takes advantage of
regional beats. We hope you will like NRG's new the company’s troubles to push for access to the
concise format, but by clicking on the headline European gas market.
link for each section the full text will be available
as before. GLNG: Indian firms reportedly in talks over
Arctic LNG 2 stake
AfrOil: Another East African pipeline faces TWO Indian companies, Petronet LNG and
ESG challenges ONGC Videsh Ltd (OVL), are reportedly in
JOSPHAT Nanok, the governor of Kenya’s Tur- discussions about buying a stake in Russia’s Arc-
kana county, and James Lomenen Ekomwa, a tic LNG 2 project, which is being developed by
member of Kenya’s Parliament representing Novatek. The talks are centred on a 9.9% stake
Turkana South, have criticised the government’s in the liquefaction project, Bloomberg reported
approach to acquiring land for the Lokich- this week, citing a member of the Indian delega-
ar-Lamu Crude Oil Pipeline (LLCOP) project. tion to Moscow who is involved in the negotia-
Nanok recently alleged that Kenya’s National tions but spoke on condition of anonymity.
Land Commission (NLC) had begun acquiring
land on behalf of the State Department of Petro- LatAmOil: Chile moving ahead with green
leum and Mining in violation of the country’s hydrogen project
constitution and existing body of law. THE backers of a green hydrogen project in
Chile are said to have already arranged to sell
DMEA: More Clean Fuels progress more than half of their initial production.
THIS week’s DMEA covers the commissioning According to Argus Media, GNL Quintero, the
of more refining units in Kuwait and contracts operator of Chile’s Quintero LNG terminal, and
for Angola’s new import terminal. State-owned its Spanish partners Enagas and Acciona Energía
Kuwait National Petroleum Corp. (KNPC) this have signed preliminary off-take agreements
week announced that it had launched three more with several customers.
units at its 454,000 barrel per day (bpd) Mina
Abdullah refinery as it nears the full launch of MEOG: ADNOC Drilling to list
its giant Clean Fuels Project (CFP). Elsewhere, THIS week’s MEOG looks at ADNOC Drill-
Angola’s national oil company (NOC) Sonangol ing’s IPO plan and another attack on Aramco.
reported last week that it had finalised several The drilling arm of Abu Dhabi National Oil
contracts related to the planned construction of a Co. (ADNOC) announced this week that it
petroleum product import terminal at Barro do intends to list on the local stock exchange,
Dande, about 60 km north of the capital Luanda. with the parent firm to sell a minimum of 7.5%
in the company. Meanwhile, Yemen’s Houthi
Euroil: Poland expands US LNG supplies militia has claimed responsibility for attacks
POLISH gas firm PGNiG has finalised a deal to on facilities belonging to Saudi Aramco as well
buy an extra 2mn tonnes per year (tpy) of LNG as Saudi Arabia’s south-eastern cities of Najraf
from US developer Venture Global, the compa- and Jazan.
nies announced on September 2. The deal cov-
ers supplies for 20 years, and raises PGNiG’s total NorthAmOil: Chevron reportedly seeking to
purchases to 5.5mn tpy, or 7.4bn cubic metres of exit Eagle Ford
regasified volumes. SUPER-MAJOR Chevron is seeking a sale of
its assets in the Eagle Ford shale play in Texas as
FSU OGM: Gazprom rides the price surge part of efforts to regularly review its portfolio.
RUSSIA’S national gas champion Gazprom is on The news was reported by Reuters, which cited
track to pay out record dividends this year, after sources familiar with the matter, as well as a mar-
riding the surge in European gas prices during keting document it had seen.™

Week 36 09•September•2021 www. NEWSBASE .com P15