Page 18 - EurOil Week 43 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global The deputy chairman of Gazprom’s man-
(NRG), in which the reader is invited to join agement committee, Famil Sadygov, said
our team of international editors, who provide a the fund would provide “necessary budget
snapshot of some of the key issues affecting their strength and resistance to volatility in the
regional beats. We hope you will like NRG's new external environment.”
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Venture Global Seeks Permission To
as before. Begin Calcasieu Pass Commissioning
Venture Global LNG has asked US regulators
AfrOil: Kenya To Study LNG-To-Power Pro- for permission to begin commissioning liq-
ject uefaction systems at its Calcasieu Pass LNG
Kenya’s national electricity provider has report- export terminal in Louisiana.
edly chosen US-based K&M Advisors as its The company told the US Federal Energy
contractor for a feasibility study of a proposed Regulatory Commission (FERC) in a filing
LNG-to-power project. last week that the environmental conditions
K&M Advisors announced the contract required to begin commissioning had been
award last week, saying it had agreed to per- met, and that it was therefore seeking permis-
form this service for state-owned Kenya Elec- sion to proceed.
tricity Generating Co. (KenGen) over a period
of 10-12 months. The study will address the via- LatAmOil: Pemex’s Tula Refinery Back On-
bility of proposals to build an LNG import ter- line
minal in the port of Mombasa and examine the Mexico’s second-largest oil refinery has
potential technical, financial, economic, social reportedly resumed regular commercial
and environmental impact of such a project, it operations after being shut down for several
stated. weeks because of protests that blocked rail-
way and road transport routes.
AsianOil: Australia Unveils Net Zero A source inside Pemex, Mexico’s national
Roadmap, Remains Committed To Coal, oil company (NOC), told Reuters last week
Gas that the 315,000 barrel per day (bpd) Tula
The Australian government has not only plant, located in Hidalgo State, was opera-
laid out its plan to achieve carbon neutral- tional once again. “Tula began operating
ity by 2050 but has also thrown its support again on Wednesday [October 20],” said
behind the country’s coal and natural gas the source, who spoke on condition of
producers and exporters. anonymity.
Australian Prime Minister Scott Mor-
rison unveiled the government’s Long- MEOG: Iranian Output And Saudi Emissions
Term Emissions Reduction Plan (LTERP) This week’s MEOG looks at Iran’s plans
on October 26, describing it as a “credible to prioritise the development of the West
pathway” to net zero by 2050. Karoun oilfield cluster and Saudi net-zero
ambitions.
DMEA: Fuels In Focus The National Iranian Oil Co. (NIOC)
In this week’s DMEA, Iraq begins send- this week reiterated its focus on expanding
ing gasoline to Erbil, while Aramco and production from the West Karoun oilfield
TotalEnergies launch their first two fuel ser- cluster, targeting $11bn of budget allocation
vice stations. to add 1mn barrels per day (bpd) of new
The federal government in Baghdad has output.
started sending tankers filled with gaso-
line to the Kurdistan Regional Government NorthAmOil: QatarEnergy, ExxonMobil Part-
(KRG) in Erbil to ease a fuel supply crisis in ner To Explore Offshore Eastern Canada
the semi-autonomous region. QatarEnergy – recently renamed from Qatar
Petroleum – has announced that it has signed
FSUOGM: Gazprom To Build Up $10.2bn an agreement with ExxonMobil to farm into See the archive and
Risk Fund an exploration licence offshore Newfound- sign up to receive
Russia’s Gazprom announced on October land and Labrador in Eastern Canada. *NRG Editor’s Picks*
19 it would build a reserve fund worth Exploration Licence (EL) 1165A is located for free by email each
RUB726bn ($10.2bn) by the end of the year in the Flemish Pass Basin, around 450 km week here
to manage potential risks, even while it gen- east of St John’s, and contains the Hampden
erates record gas revenues on the back of a prospect in water depths of around 1,100
surge in prices over recent months. metres.

P18 www. NEWSBASE .com Week 43 28•October•2021