Page 17 - LatAmOil Week 46 2022

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global November 15. Russian forces were carrying out
(NRG), in which the reader is invited to join massive air strikes on Ukraine, mainly targeting
our team of international editors, who provide a transmission stations.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new FSU OGM: Gazprom finishes tests at
concise format, but by clicking on the headline Kaliningrad FSRU
link for each section the full text will be available Gazprom has completed tests at its 174,000-
as before. cubic metre Marshal Vasilevsky floating storage
and regasification unit (FSRU) off the coast of
AfrOil: African refining capacity set to rise Russia’s Kaliningrad exclave. In a statement, the
by 1.2mn bpd in medium term company said it had completed scheduled main-
OPEC has said, in the latest edition of its World tenance checks at the FSRU’s systems and equip-
Oil Outlook report, that Africa is on track to add ment, as well as at its offshore receiving terminal.
1.2mn barrels per day of primary refining capac-
ity in the medium term, with Nigeria’s Dangote GLNG: Tanzania expects to sign several
Refinery accounting for more than half of the agreements on LNG project in December
total. The 650,000 bpd Dangote Refinery is the Tanzanian Energy Minister January Makamba
largest downstream facility slated for completion reiterated that his country’s government was
in Africa by the end of this decade. optimistic about its chances of signing a package
of agreements in December with Shell (UK) and
AsianOil: Pakistan set for gas, power Equinor (Norway), the foreign shareholders in
rationing amid LNG crunch the Tanzania LNG consortium. “It’s happening,”
Pakistan is having to ration natural gas sup- Makamba told Bloomberg in an interview on
plies this winter for households, businesses the sidelines of the COP27 international climate
and industry amid worsening energy shortages summit in Sharm El Sheikh, Egypt.
and a foreign currency exchange crisis and may
have to implement rolling blackouts to conserve MEOG: Kuwait pledges to reach net zero
electricity. Kuwait committed at the COP27 summit in
Egypt to reaching net zero emissions from oil
DMEA: KIPIC starts first phase of al-Zour and gas by 2050, and a decade later for the rest of
refinery its economy. The announcement comes a week
Kuwait Integrated Petroleum Industries Co. after regional hegemon Saudi Arabia reaffirmed
(KIPIC), a subsidiary of Kuwait Petroleum Corp. its own similar target.
(KPC), has officially launched the first phase of
the al-Zour refinery, a newbuild plant with a NorthAmOil: Biden unlikely to change
throughput capacity of 615,000 barrels per day. course even with Republican-led congress
According to KIPIC, the plant began to produce US President Joe Biden and his administration
and sell low-sulphur fuel oil (LSFO) for delivery are unlikely to change course if there is a divided
to local thermal power plants last month. government following the midterm elections on
November 8, says a leading oil lobbyist. “I do not
EurOil: Power cut to Druzhba oil pipeline see the administration changing their policies –
shuts down supplies to Hungary they did not change them when [gasoline] prices
Power to the Druzhba (Friendship) pipeline, were most high,” said Frank Macchiarola, senior
which delivers Russian crude to Europe, has vice president of policy, economics and regula-
been cut after a transformer in Ukraine, near tory affairs at the American Petroleum Institute
the border with Belarus, was hit by a rocket on (API). ™

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Week 46 16•November•2022 www. NEWSBASE .com P17