Page 12 - AsianOil Week 22 2021

AsianOil NEWS IN BRIEF AsianOil

agreement, Nihonkai Gas will purchase
carbon neutral gas from Inpex and convert
the natural gas utilized by its headquarters
and affiliated facilities to carbon neutral gas.
In addition, Nihonkai Gas plans to begin
supplying its commercial and industrial
customers with carbon neutral gas by
around summertime this year.
Nihonkai Gas is promoting efforts
toward the achievement of SDGs
(Sustainable Development Goals) such as
reducing CO2 emissions through energy
saving proposals to customers and fuel
MedcoEnergi joined the Carbon pandemic. In 2020 the total volume of Gas conversion as well as forest conservation.
Disclosure Project and will report in Transportation is 479,599 MMSCF. These efforts are based on Nihonkai Gas
alignment with the TCFD4 recommendations Until the first quarter (TW I) 2021 Kizuna Holdings’ management philosophy
for 2020 onwards. Pertagas continued to maintain its positive of “aiming to be a comprehensive energy
Scope-1 Green House Gas emission performance. In April 2021 Pertagas recorded group that contributes to the creation
intensity continued to improve, reduced by a net profit of US$ 41.3 million or reached of prosperity and an eco-friendly
12% since 2018 and a multi-year forestation 133% of the set target, which was US$ 31 environment.” The introduction of
program removed 363,595 tons5 of CO2 from million. carbon neutral gas will enable Nihonkai
the atmosphere in 2020. “Achieving net profit in April 2021, Gas to reduce its CO2 emissions and
Production was 100mboepd, affected by exceeding the RKAP target in April 2021, is contribute to the realization of a carbon-
low gas demand. Gas demand is recovering in also higher than net profit in April 2020,” said free society and the sustainable growth of
2021, but is still below pre pandemic levels. Elok. April 2021 net profit increased by US$ communities by supplying carbon neutral
Oil and Gas cash costs $9.0/boe, and 4.1 million compared to April 2020 realization gas to customers within its natural gas
within guidance. of US$ 37.2 million. supply network in the future.
Four commercial exploration gas PERTAMINA, June 3, 2021 Inpex, as outlined in its “Business
discoveries were made in the South Natuna Development Strategy - Towards a Net Zero
Sea Block B PSC with the Bronang-2, Kaci-2, Carbon Society by 2050,” has set goals to
West Belut-1 and Terubuk-5 wells. EAST ASIA achieve its own net zero carbon emissions by
Completed the integration of Ophir 2050 and will proactively engage in energy
Energy’s systems, organization and office NDRC posts April overview structure reforms towards the realization of
space. a net zero carbon society. The company will
MEDCO ENERGI INTERNASIONAL, May 31, of China’s refined oil work closely with city gas business operators
2021 to which it supplies wholesale natural gas
and implement measures contributing to the
Pertagas books 2020 net operations reduction of greenhouse gases on a global
According to statistics from the Operation
scale alongside its customers by responding
profit $106.6mn Express, in April 2021, the consumption of to their needs by providing solutions such as
refined oil was 25.439 million tons, a year-on-
carbon neutral gas and other forms of clean
Pertamina Gas (Pertagas) managed to year decrease of 7.4%. Among them, gasoline energy.
record a positive performance in 2020 with was down 1.5% year-on-year, aviation fuel INPEX, May 31, 2021
a net profit of US$ 106.6 million. This was increased by 117.4% year-on-year, and diesel
conveyed at the 2020 Fiscal Year GMS which oil was down 23.3% year-on-year. From
was held on Thursday, June 03, 2021. “The January to April of 2021, the consumption of OCEANIA
2020 net profit was equivalent to 101% of the refined oil was 10.076,000 tons, a year-on-year
RKAP or managed to exceed Pertagas’ 2020 increase of 9.8%, of which gasoline, diesel, and First pipes arrive for
RKAP target of US$ 105.8 million,” said Elok jet fuel increased by 14.4%, 0.6%, and 43.3%
Riani Ariza, Manager of Communications, respectively. APA’s northern goldfields
Relations. & CSR after the 2020 Annual GMS. NDRC, May 31, 2021
Niaga Gas 2020 is 28,462 BBTU or 101% interconnect pipeline
of the 2020 RKAP. Oil Transportation with a Inpex and Nihonkai Gas
total distribution of oil in the Tempino-Plaju The first of four shipments of steel pipes
section of 3.68 million barrels or 116% of the sign carbon neutral gas has arrived in Geraldton for APA Group’s
RKAP. LPG Gas Processing with a total LPG Northern Goldfields Interconnect pipeline,
lifting in 2020 of 236,398 tons or 117% of the sales and purchase which will see up to $460 million invested
RKAP. The LNG Regasification business line in the Goldfields region to form an
recorded a volume in 2020 of 34,360 BBTU or agreement interconnected WA gas grid.
106% of the RKAP. Construction for the new 580 kilometre
Pertagas’ main business line, namely Gas Inpex and Nihonkai Gas jointly announced pipeline, which will connect the emerging gas fields
Transportation, has also managed to maintain they entered into a carbon neutral gas sales in the Perth Basin to the resource rich Goldfields
its good performance in the midst of the and purchase agreement. Through this region, is expected to commence in Q3 this year.

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