Page 15 - AsianOil Week 07 2023

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup announced at a ministerial meeting of the
Global (NRG), in which the reader is invited Southern Gas Corridor Advisory Council on
to join our team of international editors, who February 3.
provide a snapshot of some of the key issues Imports also grew in 2022, from 19
affecting their regional beats. We hope you will bcm in 2021, the Azeri president said. He
like NRG's new concise format, but by clicking also reaffirmed Azerbaijan’s commitment
on the headline link for each section the full text to doubling gas flow to Europe by 2027, in
will be available as before. line with an agreement with the European
Commission.

AfrOil: NGOs File Complaint Against US In- GLNG: China’s LNG Imports Forecast To
surer Over Role In EACOP Project Rebound After Plunging 20% In 2022
A group of non-governmental organisations China’s liquefied natural gas (LNG) imports
(NGOs) has alleged that New York-based are projected to recover in 2023 to between
Marsh, a member of the Marsh McLennan 70mn and 72mn tonnes, marking a 9%
Group, is violating international guidelines to 14% rise from 2022, analysts at Rystad
for responsible business conduct by Energy, Wood Mackenzie and ICIS told
brokering insurance underwriting services Reuters.
for the East Africa Crude Oil Pipeline In 2022, LNG imports to China fell 20%
(EACOP) project. year on year to 64.4mn tonnes as strict
The group, which pairs Inclusive Covid lockdowns combined with increased
Development International (IDI) of the US use of natural gas from domestic production
with 10 Ugandan and Tanzanian NGOs and pipeline sources dinted the country’s
focused on environmental and human appetite.
rights issues, has filed a complaint against
Marsh with the National Contact Point LatAmOil: Perupetro To Negotiate New Ex-
(NCP), a division of the US Department of ploration Deals Directly With Investors
State. Peru’s national oil and gas concessionaire Peru-
petro revealed on February 2 that it had opened
DMEA: Militia Threatens Iraqi Pipeline up 31 new exploration licences for investment
An Iraqi militant group with links to Iran this and was prepared to negotiate directly with pro-
week made vague threats to halt any effort to spective partners.
establish a pipeline route linking Basra with Fernando Ruiz Lecaros, a member of
the Red Sea. Perupetro’s board of directors, told investors
Various versions of plans to build a in Houston that the new licence areas were
1,600-km conduit to carry crude oil from located within the Madre de Dios, Maranon,
Iraq’s oil-rich Basra Governorate to the Red Salaverry, Tumbes and Uyucali basins.
Sea port of Aqaba have been on the drawing
board since 1982, with political, technical MEOG: Kish Gas Development Deal Signed
and commercial concerns converging to Two state-owned Iranian firms signed a $900mn
derail progress. deal last week for the development of the
country’s second-largest gas field in the Persian
EurOil: CNOOC Puts Sale Of UK North Sea Gulf.
Business On Hold A signing ceremony was held in Tehran
China’s largest offshore oil and gas producer over the weekend between the Iranian
CNOOC Ltd has put on hold the intended Offshore Engineering and Construction Co.
sale of its UK North Sea assets, Bloomberg (IOEC) and Pars Oil and Gas Co.
reported this week.
Initial offers for the portfolio did not live up to NorthAmOil: Equinor Receives Licence For
CNOOC’s expectations, but a sale process could Discovery Off Newfoundland
be resumed if market conditions improve, the The Canada-Newfoundland and Labrador
news agency said, citing sources. Offshore Petroleum Board (C-NLOPB)
has issued a license to Equinor for the See the archive and
FSUOGM: Azerbaijan Targets Further Cappahayden K-67 discovery in the sign up to receive
Growth In Gas Exports In 2023 province's waters. The board estimates that *NRG Editor’s Picks*
Azerbaijan will boost natural gas exports it holds about 385mn barrels of recoverable for free by email each
to 24.5bn cubic metres in 2023, from 22.6 oil. It is C-NLOPB’s first such licence in two week here
bcm last year, Azeri President Ilham Aliyev years.

Week 07 16•February•2023 www. NEWSBASE .com P15