Page 17 - FSUOGM Week 27 2019

FSUOGM
NEWS IN BRIEF
FSUOGM
Turkmen GTG plant ships gasoline to Afghanistan
Turkmenistan has delivered a rst batch of products from a new gas-to-gasoline (GTG) plant to neighbouring Afghanistan, according to the Turkmen government. e shipment of ECO-93 gasoline and LNG was delivered to the border checkpoint of Akina in Afghanistan’s northern Faryab province, where a ceremony took place. e GTG plant in Turkmenistan’s central Ahal province started production on June 28. At full capacity it will produce 600,000 tonnes of gasoline and 115,000 tonnes of LPG.
Russian output dips amid Transeft-Rosneft dispute
Transne reportedly restricted oil intake from Yuganskne egaz, Rosne ’s largest upstream subsidiary, a er the producer failed to state the destination of the supplies. National production dipped to 10.79mn barrels per day in July as a result of the row, sources told Reuters.
Rosne and Transne have had strained ties for years, and have o en clashed over oil transport tari s. eir respective CEOs Igor Sechin and Nikolai Tokarev are suspected to have di cult personal relationship as well. Tensions between the pair have recently ared over the Druzhba oil pipeline’s contamination in April.
Burisma drills three wells
Burisma, a Cyprus-based company working in eastern Ukraine, has reported commissioning three wells in June.
One 5,240-metre well was drilled at the Karaykozivske eld in the Kharkiv region and owed 200,000 m3 of gas and 100 m3 of condensate per day, “exceeding expectations.” Two more boreholes were brought on stream at the nearby Vodyanivske eld, measuring depths of 6,520 and 6,210 metres.
“From each well at the Vodyanivske eld we are expecting to get even better results,” company CEO Taras Burdeyniy commented.
Burisma started work on another well
at Vodyanivske and aims to drill 18 more boreholes by year-end. It has also begun upgrading a gas treatment unit (GTU) at the eld in order to raise its capacity from 0.5-0.6 to 3.0mn m3/day. Burisma was founded in 2002 by Ukrainian businessman Mykola Zlochevsky and produced 1.08bn m3 and 74,000 tonnes of liquids last year.
Russian pipeline gas supplies to Lithuania down
Russia has halted gas supplies to Lithuania and its Kaliningrad exclave as a result of three weeks of maintenance work starting in Belarus.
According to Russia’s Gazprom Transgaz Belarus, which operates the Belarusian stretch of the 2.5bn cubic metre per year Minsk- Vilnius-Kaunas-Kaliningrad pipeline, repairs were started on July 8 and will continue
until July 28. Until then, Lithuania will rely on supplies from its 4bcm Klaipeda LNG terminal, as well as smaller volumes of Russian gas arriving via Latvia.
Uzbekistan hails new gas discovery
Uzbek national oil company Uzbekne egaz (UNG) has achieved a commercial gas owing a rate of 200,000 cubic metres per day at a 3,550-metre well it drilled at the Kushair block in the Ustyurt province. According to local state media, the result con rms the presence of a gas eld.
UK court freezes Gazprom dividends
e UK High Court has blocked Gazprom from collecting $145mn in future dividends from the operation of its Nord Stream gas pipeline.
At the request of Na ogaz, Gazprom
will have to hand over the sum to the court
as collateral. is same court ordered the Russian gas company earlier this year not to remove any assets from the jurisdiction of the UK and the Netherlands.
A Stockholm court ordered Gazprom
to pay $2.5bn in compensation to Na ogaz last year for violating their long-term transit contract. But Gazprom has refused to pay, prompting Na ogaz to seek the arrest of its assets across Europe.
e Nord Stream pipeline carries up
to 55bn cubic metres per year of Russian gas to Germany. Gazprom is its majority shareholder with a 51% stake, while other partners include Germany’s Wintershall and Uniper, the Netherland’s Gasunie and France’s Engie.
Ukraine aims for 22bcm winter gas storage
Ukrainian pipeline operator Ukrtransgaz has said it wants to have 20bn cubic metres of gas in underground gas storage (UGS) facilities by the next heating season, which typically starts in mid-October or early November.
e company had 14.05bcm of gas in storage on the morning on July 8, which
is 21% more than it had at this time last year. Ukraine relies on domestic output and imports from Europe to cover its gas needs. It uses its UGS system to safeguard against sudden spikes in demand or supply outages.
Ukraine had 17.2bcm of gas stored at the start of the 2018-2019 heating period. By early April, it was le with only 8.745 bcm.
Gazprom maintains revenues in 5M-2019
Gazprom earned $20.12bn from selling its gas overseas in the rst ve months of this year, data published by Russia’s Federal Customs Service (FCS) shows, compared with $20.3bn in the corresponding period of 2018.
In volume terms, however, its exports slumped 4.5% yr/yr to 93.4bcm in January to May.
Druzhba resumes oil flows
to Germany’s Schwedt
refinery
e Schwedt oil re nery in Germany operated by Rosne , Shell and Eni has begun receiving oil supplies via Russia’s’ Druzhba export pipeline a er a one-day disruption because of technical issues. Bloomberg reported on July 7, citing sources.
“Druzhba ows to the facility resumed Saturday, according to two people familiar with the matter who asked not to be identi ed,” the newswire reported. On July 5, the supply stopped as a slight excess of chloride content was detected.
Druzhba rst began experiencing with chloride contamination in April. While its supply operations have mostly returned to normal, so localised problems have been reported.
Week 27 09•July•2019
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