Page 18 - GLNG Week 46 2022
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GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG
NewsBase’s Roundup Global (NRG)
NRG WELCOME to NewsBase’s Roundup Global Kaliningrad exclave. In a statement last week, the
(NRG), in which the reader is invited to join company said it had completed scheduled main-
our team of international editors, who provide a tenance checks at the FSRU’s systems and equip-
snapshot of some of the key issues affecting their ment, as well as at its offshore receiving terminal.
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline link
for each section the full text will be available as GLNG: Tanzania expects to sign several agree-
before. ments on LNG project in December
Tanzanian Energy Minister January Makamba
AfrOil: African refining capacity set to rise by reiterated on November 7 that his country’s gov-
1.2mn bpd in medium term ernment was optimistic about its chances of sign-
OPEC has said, in the latest edition of its World ing a package of agreements in December with
Oil Outlook report, that Africa is on track to add Shell (UK) and Equinor (Norway), the foreign
1.2mn barrels per day of primary refining capac- shareholders in the Tanzania LNG consortium.
ity in the medium term, with Nigeria’s Dangote “It’s happening,” Makamba told Bloomberg in an
Refinery accounting for more than half of the interview on the sidelines of the COP27 interna-
total. The 650,000 bpd Dangote Refinery is the tional climate summit in Sharm El Sheikh, Egypt.
largest downstream facility slated for completion
in Africa by the end of this decade. LatAmOil: Guyana starts first competitive off-
shore licensing round
AsianOil: Pakistan set for gas, power rationing Guyana has launched its first-ever competitive
amid LNG crunch oil and gas licensing round and is now accepting
Pakistan is having to ration natural gas sup- bids for 14 offshore blocks, the country’s Min-
ply this winter for households, businesses and istry of Natural Resources said on November
industry, amid the country’s worsening energy 4. The ministry announced the opening of the
shortages and foreign currency exchange crisis, auctions in a statement, saying that the govern-
and may have to implement rolling blackouts to ment had completed the process of identifying
conserve electricity. With global economic vol- the blocks that were to be included in the bidding
atility and high gas prices here to stay for some contest.
time, the outlook for the country certainly is not
good. MEOG: Kuwait pledges to reach net zero
Kuwait committed at this week’s COP27 summit
DMEA: KIPIC launches first phase of al-Zour in Egypt to reaching ‘net-zero’ emissions from oil
refinery and gas by 2050, and a decade later for the rest of
Kuwait Integrated Petroleum Industries Co. its economy. The announcement comes a week
(KIPIC), a subsidiary of Kuwait Petroleum Corp. after regional hegemon Saudi Arabia reaffirmed
(KPC), has officially launched the first phase of its own similar target.
the al-Zour refinery, a newbuild plant with a
throughput capacity of 615,000 barrels per day.
KIPIC announced the start-up in a post on Twit- NorthAmOil: Biden unlikely to change course
ter, saying that the plant had begun to produce even with a Republican-led congress
and sell low-sulphur fuel oil (LSFO) for delivery President Joe Biden and his administration are
to local thermal power plants last month. unlikely to change course if there is a divided
government following the midterm elections
EurOil: Power cut to Druzhba pipeline shuts down on November 8, says a leading oil lobbyist. “I do
oil supplies from Ukraine to Hungary not see the administration changing their poli-
Power to the Druzhba (Friendship) pipeline which cies – they did not change them when [gasoline]
delivers Russian crude to Europe has been cut after prices were most high,” said the American Petro-
a transformer in Ukraine, near the border with leum Institute (API)’s senior vice president of
Belarus, was hit by a rocket on November 15. Rus- policy, economics and regulatory affairs, Frank
sian forces were carrying out massive air strikes on Macchiarola.
Ukraine, mainly targeting transmission stations.
FSUOGM: Gazprom finishes tests at Kalinin-
grad FSRU
Gazprom has completed tests at its 174,000-
cubic metre Marshal Vasilevskiy floating storage
and regasification unit off the coast of Russia’s
P18 www. NEWSBASE .com Week 46 17•November•2022