Page 13 - AsianOil Week 01 2021

AsianOil NEWS IN BRIEF AsianOil

of Agricultural waste residues will enable to According to the Minister of Finance, the oilfield, the project has built a new wellhead
reduce India’s dependency on Crude Oil and FoLU sector is expected to reduce emissions platform. A total of 23 development wells are
will also enhance rural Income and the same by 700 million tons of CO2e for IDR 90 planned, including 16 production wells and 7
by-product can be used as manure, which trillion to fulfill the emission reduction target water injection wells. The oilfield is expected
leads to more natural irrigation avoiding the of 41% by 2060. Meanwhile, the energy sector to reach its peak production of approximately
use of chemical fertilisers.” with contributions is targeted to reducing 450 7,500 barrels of crude oil per day in 2022.
The MoA was inked by Dr. V Ravi Kumar, million tons of CO2e requires up to IDR 3,500 CNOOC LTD, December 30, 2021
CGM (R&D) on behalf of BPCL and Dr. trillion. “It is very different. Energy is a costly
D. Shailja, Chief Scientist & Head, Business sector. However, it is important for the people, Pavilion Energy inks deal to
Development & Research Management, CSIR- and it is important to reduce C02 after FoLU,”
IICT on 23rd December, 2021 in the presence said Sri Mulyani. supply small-scale LNG to
of Dr. A. Gangagni Rao, Chief Scientist, CSIR- Meanwhile, the Secretary-General
IICT and Dr. Bharat Newalkar, GM (R&D), of the Ministry of Energy and Mineral Hangjiaxin
Dr. Jaya Rawat, DGM (R&D), Dr. Vivek Resources, Ego Syahrial, said that Indonesia
Rathore, Ch. Mgr. (R&D) and CRDC Bio-fuel had determined to reduce greenhouse gas Pavilion Energy Trading & Supply and
team members. This program was virtually emissions from the energy sector by 314 Zhejiang Hangjiaxin Clean Energy have
attended by Mr. Sanjeeb Paul, CGM Biofuels million CO2e with its efforts and 466 million signed a term deal for the supply of small-
& Major Projects (E&P)-HQ, Mr. Sanjeev tons of CO2e with international assistance. scale LNG from Singapore. Under the
Pol, Project Leader-E&P, Mr. Dipesh Kamdar, According to President Joko Widodo’s agreement, up to 0.5mn tonnes per year
DGM-Technology Biofuels (E&P)-HQ and direction at COP 26 in Glasgow, Scotland, (mtpa) of LNG will be delivered to Hangjiaxin
Mr. Shashwat Verma, Manager Technology Indonesia can contribute to the NZE target from 2023.
Biofuels (E&P)-HQ. achievement. One of the efforts made is Solar LNG from Pavilion Energy’s portfolio of
Bharat Petroleum has plans to expand its Power Plants (PLTS) utilization of both Small- natural gas and LNG will be delivered to the
Renewable Energy Portfolio to 1.0 GW by Scale PLTS, Floating PLTS, and Large-Scale 1 mtpa Jiaxing LNG Terminal in Zhejiang,
2025, through Solar (800 MW), Wind (100 PLTS. China. The Jiaxing LNG Terminal will be
MW), Small Hydro (60MW) and Biomass “On behalf of the Ministry of Energy and operated by Hangjiaxin, a joint venture
(40MW). It is pertinent to mention that Mineral Resources, we appreciate Pertamina between city gas distributors Jiaxing Gas, the
CSIR-IICT developed a large scale bio-reactor for starting PLTS utilization, either through largest pipeline natural gas operator in Jiaxing,
which is operational at Hyderabad based on the Green Energy Station program at petrol and Hangzhou Gas, the largest natural gas
vegetable waste. stations, installation in office buildings, and distributor in Zhejiang province.
BHARAT PETROLEUM CORPORATION LTD, other facilities,” he said. “Pavilion Energy is very pleased to
January 06, 2022 PERTAMINA, December 30, 2021 strengthen our partnership with Hangjiaxin
with the supply of LNG from our portfolio
of diverse global sources. We look forward
SOUTHEAST ASIA EAST ASIA to working closely with each other on the
successful implementation of this deal,”
Committed to ESG, CNOOC Ltd announces two said Mr Alan Heng, interim group CEO
of Pavilion Energy: “Supplying small-scale
Pertamina becomes pillar of new projects commenced LNG reinforces our commitment to enhance
Singapore’s position as a regional LNG hub
achieving Indonesia’s net production and support growing demand for small-scale
LNG in Asia.”
zero emissions target CNOOC Ltd announced today that Clean Energy said: “Hangjiaxin is pleased
Mr Sun Lianqing, CEO of Hangjiaxin
Caofeidian 11-6 oilfield expansion project
Sri Mulyani Indrawati, Minister of Finance, and Kenli 16-1 oilfield have commenced to enter this sale and purchase agreement
believes that Pertamina (Persero), the largest production. with Pavilion Energy. The execution of this
Indonesian state-owned enterprise (SOE) in Caofeidian 11-6 oilfield expansion project agreement will provide Hangjiaxin’s own
the energy sector, is a pillar in reaching the is located in the west of Bohai Sea, with terminal, the Jiaxing LNG Terminal, with
government of Indonesia’s target of net zero average water depth of about 23 meters. stable LNG resources, offer Hangjiaxin’s
emissions by 2060. In addition to fully utilising the existing end-users with more clean energy options in
“As an energy company, Pertamina has a processing facilities of Caofeidian 11-6 the long run, and contribute to Hangjiaxin’s
big responsibility to be a pillar of achieving oilfield, the project has built a new unmanned dedication to the reduction of carbon
net-zero emissions,” she said during the wellhead platform. A total of 9 development dioxide emissions and achievement of
2021 Pertamina Energy Webinar in Jakarta, wells are planned, including 7 production carbon neutrality. We look forward to closer
Tuesday (7/12/2021). wells and 2 water injection wells. The project collaborations between the two parties, a
According to Sri Mulyani, the net-zero is expected to reach its peak production of smooth performance of the agreement, and
emissions target applies the principles of approximately 4,600 barrels of crude oil per multi-dimensional in-depth cooperation in
affordability and fairness. It means that carbon day in 2022. the near future.”
emitters have a greater responsibility than Kenli 16-1 oilfield is located in the south PAVILION ENERGY, December 28, 2021
others. The energy sector has contributed to of Bohai Sea, with average water depth of
reducing carbon emissions and is second only about 15 metres. In addition to fully utilising
to forestry and other land use (FoLU). the existing processing facilities of Kenli 10-1

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