Page 16 - MEOG Week 08 2023

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global it had contracted substantial storage capacity for
(NRG), in which the reader is invited to join next winter to provide the country with a suffi-
our team of international editors, who provide a cient supply buffer.
snapshot of some of the key issues affecting their THE reported that it had booked 35 TWh of
regional beats. By clicking on the headline link for capacity at gas caverns in Wolfersberg, Katharina
each section the full text will be available. and Rehden, the country’s largest.

AfrOil: NGOs complain against insurer FSUOGM: Azerbaijan to raise gas exports
A group of non-governmental organisations Azerbaijan will boost natural gas exports to
(NGOs) has alleged that New York-based Marsh, 24.5bn cubic metres in 2023, from 22.6 bcm last
a member of the Marsh McLennan Group, is year, Azeri President Ilham Aliyev announced at
violating international guidelines for responsible a ministerial meeting of the Southern Gas Corri-
business conduct by brokering insurance under- dor Advisory Council on February 3.
writing services for the East Africa Crude Oil Imports also grew in 2022, from 19 bcm in
Pipeline (EACOP) project. 2021, the Azeri president said.
The group, which pairs Inclusive Development
International (IDI) of the US with 10 Ugandan GLNG: India plans to ramp up LNG imports
and Tanzanian NGOs focused on environmen- India will prioritise boosting its liquefied natural
tal and human rights issues, has filed a complaint gas import capacity, Prime Minister Narendra
against Marsh with the National Contact Point Modi revealed on February 6 at the India Energy
(NCP), a division of the US Department of State. Week (IEW) conference in Bengaluru, with New
Delhi setting a target of raising the proportion of
AsianOil: Russia, China sign gas deal natural gas in its energy mix to 15% by 2030 from
Russia and China have signed an intergovern- its current level of 6%.
mental agreement on pipeline gas deliveries via State-owned Petronet LNG hopes to add
the Far East, the Russian energy ministry has 12mn tonnes per year of additional supply
reported in a document last week, moving the through long-term contracts, the company’s
two sides to a new stage in negotiations on the managing director, Akshay Kumar Singh, said at
supply route. IEW.
The agreement, signed by the two govern-
ments on January 31, sets out the key parameters LatAmOil: Perupetro to deal with investors
for a 10bn cubic metre per year gas supply con- Peru’s national oil and gas concessionaire Peru-
tract that they clinched in February 2022. petro revealed on February 2 that it had opened
up 31 new exploration licences for investment
DMEA: Cabinda tests to begin in December and was prepared to negotiate directly with pro-
The developer of Angola’s Cabinda refinery said spective partners.
this week that the project is expected to be com- Fernando Ruiz Lecaros, a member of Perupet-
pleted by the end of the year, with test runs due ro’s board of directors, told investors in Houston
to begin in mid-December. that the new licence areas were located within the
Speaking during a press conference last week, Madre de Dios, Maranon, Salaverry, Tumbes and
Marcus Weyll, director general of UK-based Uyucali basins.
Gemcorp, said that his company is committed to
commissioning the refinery’s first phase during NorthAmOil: New Canada block for Equinor
Q4, and will swiftly move forward with work on The Canada-Newfoundland and Labrador Off-
the second and third phases. shore Petroleum Board (C-NLOPB) has issued
a licence to Equinor for the Cappahayden K-67
EurOil: THE stockpiles gas ahead of winter discovery in the province’s waters.
Trading Hub Europe (THE), the organisation that The board estimates that it holds about 385mn
has been tasked with filling Germany’s under- barrels of recoverable oil. ™
ground gas storage facilities, said on February 6

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