Page 18 - AfrOil Week 12 2023

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Gazprom has sustained from losing much of
(NRG), in which the reader is invited to join our its gas market share in Europe. Gazprom typi-
team of international editors, as they provide a cally earns several times more on the European
snapshot of some of the key issues affecting their market than it does domestically, and the loss
regional beats. We hope you will like NRG’s new of much of that market can be compensated by
concise format, but by clicking on the headline increased domestic tariffs, the Duma’s energy
link for each section the full text will be available committee has said, according to Russian media.
as before.
GLNG: ExxonMobil considers resuming,
AsianOil: Putin says Russia ready to expanding Rovuma LNG
increase oil and gas supplies to China ExxonMobil is contemplating restarting the
Russian President Vladimir Putin said Russia Rovuma LNG project in Mozambique’s restive
was ready to increase oil supplies to China, its key northern Cabo Delgado province. The company
energy partner, following a meeting with Chi- has called for expressions of interest (EoIs) to
nese President Xi Jinping in Moscow on March design and construct the LNG plant in a state-
20-21. “Russia is prepared to increase uninter- ment published in the Mozambican newspaper
rupted oil supplies to support development of O Pais on March 17.
the Chinese economy,” Putin said after meeting
Chinese President Xi Jinping in Moscow. LatAmOil: Maduro names PdVSA head
oil minister amidst corruption probe
DMEA: Final train launched at South Venezuelan President Nicolas Maduro named
Pars Phase 14 gas-processing plant Pedro Rafael Tellechea, the head of the national
Iranian media have reported that the fourth and oil company (NOC) PdVSA, as the country’s
final train at the South Pars Phase 14 refinery is new petroleum minister on March 21. Tellechea
on stream. Deputy Minister of Petroleum and took office one day after his predecessor, Tareck
National Iranian Oil Co. (NIOC) CEO Mohsen El Aissami, stepped down amidst a corruption
Khojastehmehr announced the initial launch of investigation.
the plant in March 2022, upon receiving raw sour
gas from the offshore field. MEOG: Maha in Oman production test
Swedish explorer Maha Energy has announced
EurOil: Romanian companies prepare the start of production testing at Block 70
for Neptun Deep gas, plan new pipeline onshore Oman as part of an eight-well drilling
Romania’s OMV Petrom and Romgaz have campaign. In a press release, the company said
signed a €276mn natural gas delivery contract it had started with the Mafraq-9 well, with new
with the country’s national gas transmission wells to be added to the test system every two
company, Transgaz, covering a 16-year period, weeks following its completion with PCP pumps.
from September 2026 to September 2042, See-
News reported. The value of the contract is based NorthAmOil: US becomes third-largest
on the transport tariffs applicable at the current LNG exporter
date, the agency said, referring to OMV Petrom’s The first wave of US LNG export capacity is
stock exchange statement. not yet fully online, but the country has already
become the world’s third-largest exporter of the
FSU OGM: Russia eyes hike in domestic fuel. According to the US Department of Ener-
gas tariffs to offset lost revenues gy’s (DoE) Office of Fossil Energy, exports of US
Russia’s State Duma has proposed revising LNG hit a new record high of 4.7bn cubic feet
domestic tariffs for gas use to offset the losses (133mn cubic metres) per day in May. ™

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P18 www. NEWSBASE .com Week 13 30•March•2023