Page 14 - GLNG Week 37 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global country’s far north. Equinor announced in Mayit
(NRG), in which the reader is invited to join had transferred sharesin four joint ventures in
our team of international editors, who provide a Eastern and Western Siberia to its state-owned
snapshot of some of the key issues affecting their partner Rosneft, while disclosing terms.
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline link GLNG: Peru LNG sends three cargoes to
for each section the full text will be available as UK in August
before. Peru LNG, the operator of a natural gas lique-
faction plant and export terminal in Pampa
AfrOil: Eni acquires BP’s upstream Algeri- Melchorita, resumed exports in August follow-
an assets ing a planned shutdown for maintenance in July.
Italy’s Eni has reached agreement with BP According to Peru’s national oil company Peru-
(UK) on the acquisition of the latter company’s petro, the Peru LNG consortium loaded a total of
upstream assets in Algeria. In a statement, Eni 174,497 tonnes of LNG in the month of August.
said it expected the deal to help it gain access to
additional natural gas reserves that could be used LatAmOil: Petrobras considers offering
to supply European markets, while also expand- CCS services to third parties
ing its own business operations in Algeria. Brazil’s national oil company is looking into the
possibility of broadening the scope of its carbon
AsianOil: Australia awards permits for eval- capture and storage programme and may begin
uation of CCS opportunities offering services to third parties, a Petrobras rep-
The Australian government has awarded per- resentative has said. Currently, Petrobras’ CCS
mits for companies to undertake evaluation and programmes are inwardly focused, designed
appraisal work for the potential storage of car- primarily to reduce the carbon intensity of the
bon dioxide (CO2) in the country’s waters. On company’s own upstream operations, especially
September 5, Santos announced that it had been at deepwater and ultra-deepwater pre-salt fields
awarded permits G-9-AP and G-11-AP to pur- in Brazil’s offshore zone.
sue carbon capture and storage opportunities in
the Carnarvon and Bonaparte basins, offshore MEOG: OPEC+ makes a cut
Western Australia, alongside its joint venture The OPEC+ group of oil producers last week
partners. met to decide their next production quotas,
electing to row back on last month’s increase in
DMEA: Italy receives first cargo of Kuwaiti the wake of falling prices and demand concerns.
ULSD As expected, the 100,000 barrel per day uptick
Kuwait Petroleum International (KPI), a down- added in August was removed again on Septem-

stream subsidiary of Kuwait Petroleum Corp. ber 6, with the group saying it would meet again
(KPC), has delivered its first batch of ultra-low- on October 5.
sulphur diesel fuel to Italy. In a statement, KPI
reported that the shipment had reached its depot NorthAmOil: EQT announces $5. 2bn Ap-
in Naples. palachian acquisition
Shale gas producer EQT said this week that it had
EurOil: EU energy ministers clash over entered into an agreement with THQ Appalachia
Russian gas price cap proposal I and THQ-XcL Holdings I to acquire Tug Hill’s
lEU member states have clashed over the Euro- upstream operations and XcL’s midstream gath-
pean Commission’s proposal to place a price cap on ering and processing assets. In total, EQT will
Russian gas supplies, casting doubt on whether the pay $5. 2bn for the assets, comprised of $2. 6bn
measure will be implemented. The bloc’s 27 energy in cash and $2. 6bn in stock.
ministers met on September 9 to discuss a package
of EC proposals aimed at depriving Moscow of rev- See the archive and sign up to receive NRG Editor’s
enues to fund its war in Ukraine, and ease soaring Picks for free by email each week here.™
energy costs for EU households and businesses.

FSUOGM: Equinor finishes exit from Rus-
sia
Norway’s Equinor has completed its withdrawal
from Russia’s oil industry with the sale of its
entire holding in the Kharyaga oil project in the

P14 www. NEWSBASE .com Week 37 16•September•2022