Page 14 - GLNG Week 19 2021
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GLNG                          NEWSBASE’S ROUNDUP GLOBAL (NRG)                                          GLNG


       NewsBase’s Roundup Global (NRG)








        NRG              WELCOME to NewsBase’s Roundup Global  region, paying an unusually high $240mn for
                         (NRG), in which the reader is invited to join  the licence. Rosnedra invited bids starting at
                         our team of international editors, who provide a  RUB697mn ($9.45mn) for rights to the Seve-
                         snapshot of some of the key issues affecting their  ro-Kustarnikovy block, which is believed to be
                         regional beats. We hope you will like NRG’s new  gas prone.
                         concise format, but by clicking on the headline link
                         for each section the full text will be available as  GLNG: Sempra likely to push Port Arthur
                         before.                              LNG FID back to 2022
                                                              Sempra Energy said last week that it would likely
                         AfrOil: Total launches Zinia Phase 2 project  delay the final investment decision (FID) on its
                         France’s Total has launched the second stage of  proposed Port Arthur LNG export terminal in
                         development work at Zinia, a section of Block  Texas to 2022. If this happens, it would be the
                         17 offshore Angola. In a joint statement with  second delay after Sempra initially pushed back
                         Angola’s National Oil, Gas and Biofuels Agency  the FID from 2020 to 2021 as a result of market
                         (ANPG), Total reported that it had brought the  uncertainty caused by the coronavirus (COVID-
                         Zinia Phase 2 short-cycle project on stream.  19) pandemic.

                         AsianOil: Comet wins CBM block in  LatAmOil: API blasts AMLO for favouring
                         Queensland                           Pemex
                         Australian independent Comet Ridge has been  Mexican President Andres Manuel Lopez Obra-
                         awarded a new coal-bed methane (CBM) explo-  dor has come under fire from an influential US
                         ration block by the Queensland State govern-  industry association for his efforts to ensure that
                         ment. Comet said on May 10 that the 338-square  state-owned companies continue to dominate
                         km authority to prospect (ATP) 2063, which will  the domestic energy sector. In a letter sent to
                         now be called Mahalo Far East, was one of two  several high-ranking US officials, the American
                         the state government had assigned to the com-  Petroleum Institute (API) criticised the Mexi-
                         pany in September 2020 under preferred ten-  can government’s policy of giving preference to
                         derer status.                        public-sector organisations such as Pemex, the
                                                              national oil company (NOC), and the Federal
                         DMEA: Angolan outlet and Syrian blaze  Electricity Commission (CFE).
                         This week’s DMEA looks at a recent deal between
                         Angola and Zambia to carry out studies on a  MEOG: Basra buying and Burgan on fire
                         long-awaited fuel pipeline and a spate of fires  This week’s MEOG looks at Basra Oil Co.
                         at Syrian refineries. Luanda and Lusaka signed  (BOC’s) efforts to buy a major stake in one of
                         a memorandum of understanding to carry out  Iraq’s biggest oilfields and the outbreak of a fire
                         studies for the construction of the Angola-Zam-  at the world’s second-largest onshore oilfield.
                         bia Oil Pipeline. In Syria, a fire broke out at a  Following weeks of speculation, BOC submit-
                         100,000 barrel per day refinery in the western  ted a formal request this week to acquire Exxon-
                         province of Homs at the weekend, taking one of  Mobil’s 32.7% stake in the West Qurna-1 oilfield
                         its four crude distillation units out of service.  development project. In Kuwait, state-owned
                                                              Kuwait Oil Co. (KOC) said that production from
                         EurOil: Poland prepares to lay Baltic Pipe  the country’s key Great Burgan oilfield had not
                         Preparations are underway for pipelaying to  been affected despite the outbreak of a “limited”
                         begin at the Baltic Pipe project that will flow  fire which injured two workers.
                         Norwegian gas to Poland, Polish gas transmis-
                         sion system operator Gaz-System reported on  NorthAmOil: Cyberattack knocks out Colo-
                         May 6. The EU-backed pipeline will deliver  nial Pipeline
                         10bn cubic metres per year of gas to Poland at  A ransomware cyberattack on Colonial Pipeline
                         full capacity, helping the country to wean itself  has been described as one of the most disrup-
                         off Russian gas and replace more coal-fired  tive digital ransom schemes ever reported. The
                         power generation with cleaner gas-burning  5,500-mile (8,850-km) pipeline, which carries
                         plants.                              nearly half the fuel consumed along the US East
                                                              Coast, was forced by the attack to go offline on
                         FSUOGM: Rosneft’s $240mn licence pur-  May 7.
                         chase
                         Rosneft outbid its domestic rival Gazprom in a  See the archive and sign up to receive NRG Editor’s
                         heated tender in late April for rights to a large  Picks for free by email each week here.™
                         onshore oil and gas block in the Yamalo-Nenets





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