Page 18 - GLNG Week 28 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global alleviate the crisis. In July last year, the EU passed
(NRG), in which the reader is invited to join its sweeping Fit-for-55 climate package, aimed at
our team of international editors, who provide a rapidly reducing the use of oil, gas and coal and
snapshot of some of the key issues affecting their expanding the deployment of renewables and
regional beats. We hope you will like NRG’s new other low-carbon technologies.
concise format, but by clicking on the headline link
for each section the full text will be available as FSUOGM: What if Nord Stream 1 doesn’t
before. come back online?
The Nord Stream 1 pipeline closed down on July
AfrOil: Namibian minister blasts foreign 11for routine maintenance that was planned well
critics of Kavango exploration in advance, and which takes place every summer.
Namibia’s Energy Minister Tom Alweendohas While under normal circumstances the 10-day
expressed frustration with critics of the coun- closure would be no cause for alarm, European
try’s plans to move forward with oil and gas officials have raised the possibility that Moscow
exploration, asserting that much of the opposi- may keep the 55bn cubic metre per year pipeline
tion to these plans comes from foreign countries offline for longer, in order to further destabilise
that have already benefited from hydrocarbon European energy markets.
development. “They did drill just like we are
drilling, and when their economy grew where it GLNG: Marubeni, Osaka Gas, Peru LNG
has grown, where they created the wealth they plan feasibility study for synthetic methane
needed to have and have developed their peo- production
ple, now suddenly they are telling us: ‘Stop doing Two Japanese companies, Marubeni and Osaka
that,’” he remarked during an Energy Ministry Gas, have announced plans to team up with Peru
information session in Kavango East. LNG for a study of synthetic methane production
in Peru.
AsianOil: Japan considers steps to con-
serve gas supplies LatAmOil: Shell signs 20-year LNG supply
Japan is considering steps to conserve natural deal with MPL

gas supplies amid fears of a potential disruption. Shell (UK) announced on July 12 that its subsid-
This week it emerged that Tokyo may ask house- iary Shell Eastern Trading Ltd had arranged to
holds and businesses to cut back on gas usage purchase 2. 6mn tonnes per year of LNG from
when supply is tight. This comes after Moscow a new gas liquefaction plant slated for construc-
ordered the transfer of ownership in the Sakha- tion at Puerto Libertad in Mexico’s Sonora State.
lin-2 oil and LNG project to a newly established In a statement, Shell said that its subsidiary had
Russian company and warned Japanese firms signed a sales and purchase agreement with an
Mitsui & Co. and Mitsubishi, which own stakes affiliate of the future plant’s owner and operator
in the project, that they could lose their access Mexico Pacific Ltd (MPL).
to it.
MEOG: Turkish progress and Iranian pro-
DMEA: Cabinda CDU and Nigerian biofuels cess
This week, DMEA includes coverage of progress In MEOG this week, we look at progress in
at one of Angola’s new refineries and the focusing Turkey’s upstream, while Iran seeks to ramp up
of minds on a new fuel plant in Nigeria. Brazilian processing capacity. Turkish Petroleum Corp.
contractor Odebrecht Engenharia e Construção (TPAO) this week announced the discovery of a
(OEC) this week announced that it has installed small onshore oilfield as efforts ramp up to tap its
the distillation tower at the 60,000 barrel per day flagship offshore gas asset. Meanwhile, Iran has
refinery in Angola’s Cabinda exclave. Mean- announced plans to increase its slate of gas-based
while, a delegation from the Nigerian National products with a view to ramping up exports.
Petroleum Corp. (NNPC) Ltd visited Kogi State
this week as plans formalise around the develop- NorthAmOil: Suncor CEO steps down fol-
ment of a new biofuel plant. lowing new fatality
Suncor Energy’s president and CEO, Mark Little,
EurOil: EU deputy warns of “conflict and has stepped down from his role following another
strife” this winter amid energy costs worker fatality at a site operated by the company.
The EU’s second most senior official has warned The fatality, involving a worker at Suncor’s oil
that the bloc runs the risk of “very, very strong sands base plant in Alberta, was the fifth for the
conflict and strife” this winter over the high company since Little became CEO in 2019 and
cost of energy, and in the short term, he called the thirteenth since 2014.
for the EU to expand its supply of fossil fuels to

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