Page 13 - AsianOil Week 30 2021

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

This week’s top stories...

NRG Welcome to NewsBase’s Roundup Global which they declared they would let Nord Stream
(NRG), in which the reader is invited to join 2 go ahead but would punish Russia if it tried to
our team of international editors, who provide a use the pipeline as a weapon.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG's new GLNG: Port Arthur LNG plans suffer blow
concise format, but by clicking on the headline US-BASED Sempra Energy announced this
link for each section the full text will be available week that it had signed a memorandum of
as before. understanding with Poland’s PGNiG for the
potential purchase of around 2mn tonnes per
AfrOil: Cameroon to send more gas to FLNG year of LNG. The preliminary deal potentially
PERENCO (UK/France) and Société Nationale spells bad news for Sempra’s proposed Port
des Hydrocarbures (SNH), the national oil com- Arthur LNG export project in Texas.
pany of Cameroon, have arranged to increase the
total volume of natural gas delivered to the Hilli LatAmOil: US to study Mexican energy policy
Episeyo, a floating LNG (FLNG) vessel owned TWENTY US senators and representatives,
by Bermuda-registered Golar LNG. According including members of both the Democratic
to Golar LNG, the parties have struck a deal that and Republican parties, have urged President
provides for Perenco and SNH to deliver enough Joe Biden to take a closer look at the Mexican
additional gas to boost the FLNG’s production government’s energy policy in light of the chal-
capacity to 1.4mn tonnes per year in 2022. lenges faced by US oil, gas and power companies
working in Mexico. In the letter, the legislators
DMEA: Pipe freeze and sanctions scrutiny voiced serious concerns about the measures that
THIS week’s DMEA covers the freezing of a the administration of Mexican President Andres
controversial pipeline deal, while revelations Manuel Lopez Obrador has taken to insulate
have been made about the company at the heart state-run organisations from competition.
of Iran’s ongoing oil trade. Israel’s Ministry of
Environmental Protection this week announced MEOG: Deals and details
that it was delaying the development of an oil MEOG this week looks at the approval by
transmission project that will pipe Emirati oil the Iraqi Cabinet of a broad energy sector
from the Red Sea directly to the Mediterranean. deal that finally signals some good news in
Meanwhile, despite having been blacklisted by relation to IOCs for Baghdad, while details
the US two years ago, China Concord Petroleum have emerged about the remaining capacity
Co. (CCPC) is reported to have become a key increases at Iran’s new oil pipeline. The deal
player in the trade of Iranian oil. between Iraq’s Ministry of Oil and TotalEn-
ergies’ deal will see the French company carry
Euroil: Norway enjoys good year out work on projects in oil, gas and renewa-
ACTIVITY on the Norwegian Continental Shelf bles. Meanwhile, outgoing Iranian Minister of
has been high this month, supported by a rally Petroleum Bijan Zanganeh said last week that
in oil and gas prices, the Norwegian Petroleum the country’s new Goreh-Jask pipeline will
Directorate reported on July 7. Eight discoveries reach full design capacity of 1mn barrels per
were made during the six-month period, with a day by the end of the current Iranian calendar
combined mid-range resource estimate of more year in March 2022.
than 400mn barrels of oil equivalent.
NorthAmOil: Shell announces Whale FID
FSU OGM: Russia open to post-Ukraine transit A Royal Dutch Shell subsidiary announced this
RUSSIA is open to continuing natural gas tran- week that it had made a final investment deci-
sits via Ukraine after its current contract with sion (FID) on the Whale project in the US Gulf
Kyiv expires at the end of 2024, Kremlin spokes- of Mexico.
man Dmitry Peskov told reporters on July 22. Shell Offshore said Whale would entail 99%
Peskov was responding to a joint statement replication of the hull and 80% replication of the
issued by Germany and the US on July 21, in topsides from the company’s Vito project.™

Week 30 29•July•2021 www. NEWSBASE .com P13