Page 13 - FSUOGM Week 48 2019

FSUOGM
FSUOGM
with forced execution. We have problems in Poland, and in Moldova as well.”
Vitrenko said that in some European countries debt collection from Gazprom is easier, and in some it is “more difficult from a diplomatic point of view”.
bne IntelliNews, December 3 2019
CENTRAL ASIA & SOUTH CAUCASUS
Kashagan output due to unexpected maintenance
Oil and gas condensate production at Kazakhstan’s giant Kashagan project has fallen to 184,000 barrels per day (bpd) from 400,000 bpd recorded in early November due to unplanned maintenance works that started last week, two industry sources told Reuters on November 26.
Similar unexpected maintenance works were reported in October - the issues
then were caused by a loss of pressure at one compressor. Last week, the Kazakh energy ministry similarly announced that Kashagan was undergoing maintenance at a gas compressor unit. The issue was expected to last seven days.
The energy ministry said on November 26 that Kazakhstan’s total daily oil and gas condensate output had fallen to 1.9mn
bpd from 2.09-2.13 mn bpd recorded at
the start of the month. Kashagan is being developed by a consortium made up of Eni, ExxonMobil, CNPC, Royal Dutch Shell, Total, Inpex and Kazakh state-run oil and gas company KazMunayGaz.
bne IntelliNews, November 27 2019
Tatneft, Uzbekneftegaz discuss joint venture plans
Sixth largest Russian oil producer Tatneft and Uzbek oil and gas firm Uzbekneftegaz agreed during recent negotiations to in future form a joint venture to raise oil production at the Andijanneft fields, UzDaily news agency reported on November 27, citing the Uzbek Energy Ministry.
Earlier, Tatneft signed an agreement with Uzbekneftegaz on conducting geological exploration in Uzbekistan. The deal was signed during the “Oil and Gas of Uzbekistan - OGU-2019” international exhibition on May 15.
In March, Tatneft said that it intended to expand its activities in Uzbekistan - prior to that, in November 2018, Tatneft said it was
negotiating the possibility of a joint venture with Uzbek state-run oil and gas firm Uzbekneftegaz that would develop fields in Pritashkent district.
Reports from January indicated that Tatneft planned to establish a chain of petrol stations in Uzbekistan.
bne IntelliNews, November 28 2019
Turkey, Azerbaijan formally mark TANAP pipe’s finish
Turkey and Azerbaijan formally marked the completion of the $6.5bn Trans- Anatolian Natural Gas Pipeline (TANAP) on December 1.
TANAP makes up the longest stretch of the $40bn Southern Gas Corridor (SCG), a series of pipelines that will carry gas from Azerbaijan’s Shah Deniz II field to southern Italy, thus helping the European Union reduce its dependence on Russian gas. However, to meet that objective
work must be completed on the delayed Trans-Adriatic Pipeline (TAP), running across Greece and Albania and under the Adriatic Sea.
TANAP has the capacity to carry up to 16bn cubic metres (bcm) of Azerbaijani gas a year. Around 10 bcm of that is to go to Europe, while 6 bcm will be allocated for the Turkish market.
A TANAP inauguration ceremony was held in the Turkish town of Ipsala on the Greek border. Turkey’s President Recep Tayyip Erdogan and Azerbaijan’s President Ilham Aliyev attended.
“Aside from insuring the energy needs of our country with TANAP, we aimed
to contribute to Europe’s energy supply security,” Erdogan said, Reuters reported.
“The real responsibility from now on lies with our neighbours on the other side of the border. The Trans-Adriatic Pipeline needs to be completed as soon as possible to start the transfer of gas to Europe,” said Erdogan, adding that it was expected to be finished
in 2020.
TANAP’s shareholders are Azerbaijani state energy company Socar (51%), Turkish pipeline operator BOTAS (30%), BP (12%) and Socar Turkey (7%).
Separately, Erdogan reportedly said Turkey and Russia would launch the Turkstream pipeline with a ceremony in Istanbul on January 8. The first part of that pipeline is designed to supply Turkish domestic customers. It is expected that the second part will cross Bulgaria and Serbia and Hungary.
bne IntelliNews, December 2 2019
Kazakhstan says Kashagan
problems to be fixed in
coming days
Deputy Energy Minister Makhambet Dosmukhambetov said on November
28 that compressor malfunctions at Kazakhstan’s giant Kashagan oil field will be fixed in the coming days.
Oil and gas condensate production at Kashagan has fallen to 184,000 barrels
per day (bpd) from 400,000 bpd recorded in early November due to unplanned maintenance works that started last
week, two industry sources told Reuters
on November 26. Similar unexpected maintenance works were reported in October - the issues then were caused by
a loss of pressure at one compressor. Last week, the Kazakh energy ministry similarly announced that Kashagan was undergoing maintenance at a gas compressor unit. The issue was expected to last seven days.
The energy ministry said on November 26 that Kazakhstan’s total daily oil and gas condensate output had fallen to 1.9mn bpd from 2.09-2.13 mn bpd recorded at the start of the month.
bne IntelliNews, November 29 2019
Kashagan to resume normal output by mid-December
Kazakhstan’s Kashagan oilfield will resume its output level of 400,000 barrels per day by mid-December, Interfax news agency cited Kazakhstan’s energy ministry as saying on November 29.
Deputy Energy Minister Makhambet Dosmukhambetov said on November
28 that compressor malfunctions at Kazakhstan’s giant Kashagan oilfield will
be fixed in the coming days. Oil and gas condensate production at Kashagan has fallen to 184,000 barrels per day (bpd) from 400,000 bpd recorded in early November due to unplanned maintenance works that started last week, two industry sources told Reuters on November 26. Last week, the Kazakh energy ministry announced that Kashagan was undergoing maintenance at a gas compressor unit. The issue was expected to last seven days.
The energy ministry said on November 26 that Kazakhstan’s total daily oil and gas condensate output had fallen to 1.9mn bpd from 2.09-2.13 mn bpd recorded at the start of the month.
bne IntelliNews, December 2 2019
Week 48 04•December•2019
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