Page 14 - AsianOil Week 43 2022

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global GLNG: Mozambique Expects To Dispatch
(NRG), in which the reader is invited to History-Making First LNG Export By End Of
join our team of international editors, October
who provide a snapshot of some of the key Mozambique is on track to export its first
issues affecting their regional beats. We LNG cargo from the Coral field, located
hope you will like NRG's new concise for- off the coast of the country’s northernmost
mat, but by clicking on the headline link Cabo Delgado province, by the end of Octo-
for each section the full text will be avail- ber, Macao News reported on October 19.
able as before. The publication, based in a special
administrative region of China, quoted
AfrOil: Museveni Defends Uganda’s Oil De- Mozambique’s Finance Minister Max
velopment Plans Tonela as saying to the Portuguese news
Uganda’s President Yoweri Museveni has agency Lusa: “We hope that before the end
said that his government is committed to of October the first export of LNG pro-
reaching carbon neutrality by 2050 but does duced by Mozambique will take place.”
not expect fossil fuel consumption to be
eliminated completely within the next few LatAmOil: Guyana To Reserve Offshore
decades. Blocks For Bilateral Partnerships
Guyana’s President Irfaan Ali has said that
DMEA: UAE’s Retail Fuel Consumption Up his government intends to set some sec-
The UAE is seeing retail fuel consump- tions of the country’s offshore zone aside
tion grow on the back of improvements in for partnerships with other countries under
the economy, but without returning to the bilateral accords rather than including
level that prevailed before the coronavirus them in competitive licensing rounds.
(COVID-19) pandemic, according to Saif Speaking at a press conference, Ali said
Humaid Al Falasi, the group CEO of Emir- that Georgetown intended to dispose of a
ates National Oil Co. (ENOC). number of unassigned blocks in this fash-
ion. He did not identify any of the sites
EurOil: Will Europe's Energy Supply Allow It that might be subject to this arrangement
To Make It Through The Winter? but noted that the government of Barbados
Europe has filled its gas storage facilities to had also opted to reserve some of its licence
close to 95% of capacity, and while gas prices areas for partner countries.
are still very high, they are substantially
down from previous spikes. How the con- MEOG: Gaza Nears Deal For Offshore Ex-
tinent’s energy system will fare this winter, ploration
however, will depend on a number of factors Following the recent maritime delimita-
– many of which are highly unpredictable. tion agreement between Israel and Leb-
To name the biggest factor first, it will anon, the Palestinian Authority (PA)
depend on how severe the winter weather appears close to an upstream develop-
proves to be, which is very hard to predict. ment deal offshore the Gaza Strip.
Egypt’s Petroleum and Mineral Resources
FSUOGM: ExxonMobil Sees Abrupt Russian Minister Tarek El-Molla held talks with Pales-
Exit, Saying Assets Expropriated tinian Prime Minister Muhammed Shtayyeh
ExxonMobil confirmed to multiple and Israeli representatives to pursue the
media on October 17 that it had had its development of the Gaza Marine gas field.
assets in Russia expropriated, marking
an abrupt end to the nearly three dec- NorthAmOil: Continental To Be Acquired By
ades that the US major has been working Hamm Family In Sweetened $4.3bn Deal
in the country. Shale producer Continental Resources will
The company entered Russia in 1995, merge with Omega Acquisition, an Okla-
securing operatorship of the Sakhalin-1 homa corporation owned by Continental's See the archive and
oil project in the Russian Far East – often founder, Harold Hamm. The company, one of sign up to receive
cited as one of the most successful interna- the US’ largest independent oil companies, will *NRG Editor’s Picks*
tional oil ventures in Russian history. become private. The deal is valued at $4.3bn. for free by email each
week here

P14 www. NEWSBASE .com Week 43 31•October•2022