Page 17 - DMEA Week 07 2023

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global a ministerial meeting of the Southern Gas Corri-
(NRG), in which the reader is invited to join dor Advisory Council on February 3.
our team of international editors, who provide a Imports also grew in 2022, from 19 bcm in
snapshot of some of the key issues affecting their 2021, the Azeri president said.
regional beats. By clicking on the headline link for
each section the full text will be available. GLNG: India plans to ramp up LNG imports
India will prioritise boosting its liquefied natural
AfrOil: NGOs complain against insurer gas import capacity, Prime Minister Narendra
A group of non-governmental organisations Modi revealed on February 6 at the India Energy
(NGOs) has alleged that New York-based Marsh, Week (IEW) conference in Bengaluru, with New
a member of the Marsh McLennan Group, is Delhi setting a target of raising the proportion of
violating international guidelines for responsible natural gas in its energy mix to 15% by 2030 from
business conduct by brokering insurance under- its current level of 6%.
writing services for the East Africa Crude Oil State-owned Petronet LNG hopes to add
Pipeline (EACOP) project. 12mn tonnes per year of additional supply
The group, which pairs Inclusive Development through long-term contracts, the company’s
International (IDI) of the US with 10 Ugandan managing director, Akshay Kumar Singh, said at
and Tanzanian NGOs focused on environmen- IEW.
tal and human rights issues, has filed a complaint
against Marsh with the National Contact Point LatAmOil: Perupetro to deal with investors
(NCP), a division of the US Department of State. Peru’s national oil and gas concessionaire Peru-
petro revealed on February 2 that it had opened
AsianOil: Russia, China sign gas deal up 31 new exploration licences for investment
Russia and China have signed an intergovern- and was prepared to negotiate directly with pro-
mental agreement on pipeline gas deliveries via spective partners.
the Far East, the Russian energy ministry has Fernando Ruiz Lecaros, a member of Perupet-
reported in a document last week, moving the ro’s board of directors, told investors in Houston
two sides to a new stage in negotiations on the that the new licence areas were located within the
supply route. Madre de Dios, Maranon, Salaverry, Tumbes and
The agreement, signed by the two govern- Uyucali basins.
ments on January 31, sets out the key parameters
for a 10bn cubic metre per year gas supply con- MEOG: Kish gas development deal signed
tract that they clinched in February 2022. Two state-owned Iranian firms signed a $900mn
deal last week for the development of the coun-
EurOil: THE stockpiles gas ahead of winter try’s second-largest gas field in the Persian Gulf.
Trading Hub Europe (THE), the organisation that A signing ceremony was held in Tehran over
has been tasked with filling Germany’s under- the weekend between the Iranian Offshore Engi-
ground gas storage facilities, said on February 6 neering and Construction Co. (IOEC) and Pars
it had contracted substantial storage capacity for Oil and Gas Co. (POGC), with Oil Minister Javad
next winter to provide the country with a suffi- Owji and Mohsen Khojastehmehr, CEO of the
cient supply buffer. National Iranian Oil Co. (NIOC), in attendance.
THE reported that it had booked 35 TWh of
capacity at gas caverns in Wolfersberg, Katharina NorthAmOil: New Canada block for Equinor
and Rehden, the country’s largest. The Canada-Newfoundland and Labrador Off-
shore Petroleum Board (C-NLOPB) has issued
FSUOGM: Azerbaijan to raise gas exports a licence to Equinor for the Cappahayden K-67
Azerbaijan will boost natural gas exports to discovery in the province’s waters.
24.5bn cubic metres in 2023, from 22.6 bcm last The board estimates that it holds about 385mn
year, Azeri President Ilham Aliyev announced at barrels of recoverable oil. ™

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