Page 17 - AfrOil Week 19 2021

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global region, paying an unusually high $240mn for
(NRG), in which the reader is invited to join the licence. Rosnedra invited bids starting at
our team of international editors, who provide a RUB697mn ($9.45mn) for rights to Severo-Kus-
snapshot of some of the key issues affecting their tarnikovy, which is believed to be gas-prone.
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline GLNG: Sempra likely to push Port Arthur
link for each section the full text will be available LNG FID back to 2022
as before. Sempra Energy is likely to delay the final invest-
ment decision (FID) on its proposed Port Arthur
AsianOil: Comet wins CBM block in LNG export terminal in Texas to 2022. If this
Queensland happens, it would be the second delay after Sem-
Australian independent Comet Ridge has been pra initially pushed back the FID from 2020 to
awarded a new coal-bed methane (CBM) explo- 2021 as a result of market uncertainty caused by
ration block by the Queensland State govern- the coronavirus (COVID-19) pandemic.
ment. The 338-square km authority to prospect
(ATP) 2063, which will now be called Mahalo LatAmOil: API blasts AMLO for favouring
Far East, was one of two the state government Pemex
had assigned to the company in September 2020 Mexican President Andres Manuel Lopez Obra-
under preferred tenderer status. dor has come under fire from an influential US
industry association for his efforts to ensure that
DMEA: Angolan outlet and Syrian blaze state-owned companies continue to dominate
This week’s DMEA looks at a recent deal between the domestic energy sector. In a letter to US offi-
Angola and Zambia to carry out studies on a cials, the American Petroleum Institute (API)
long-awaited fuel pipeline and a spate of fires criticised the Mexican government’s policy of
at Syrian refineries. Luanda and Lusaka signed giving preference to public-sector organisations
a memorandum of understanding (MoU) on such as Pemex, the national oil company (NOC).
studies for the construction of the Angola-Zam-
bia Oil Pipeline. In Syria, a fire broke out at a MEOG: Basra buying and Burgan on fire
100,000 barrel per day (bpd) refinery in the west- Following weeks of speculation, Basra Oil Co.
ern province of Homs at the weekend. (BOC) submitted a formal request this week
to acquire ExxonMobil’s 32.7% stake in the
EurOil: Poland prepares to lay Baltic Pipe West Qurna-1 oilfield development project. In
Preparations are underway for pipelaying to Kuwait, state-owned Kuwait Oil Co. (KOC) said
begin at the Baltic Pipe project that will flow that production from Great Burgan, the world’s
Norwegian gas to Poland. The EU-backed pipe- second largest onshore oilfield, had not been
line will deliver 10bn cubic metres per year of gas affected despite the outbreak of a “limited” fire.
to Poland at full capacity, helping the country to
wean itself off Russian gas and replace more coal- NorthAmOil: Cyberattack knocks out
fired power generation with cleaner gas-burning Colonial Pipeline
plants. A ransomware cyberattack on Colonial Pipe-
line has been described as one of the most disrup-
FSU OGM: Rosneft’s $240mn licence tive digital ransom schemes ever reported. The
purchase 5,500-mile (8,850-km) pipeline, which carries
Rosneft outbid its domestic rival Gazprom in a nearly half the fuel consumed along the US East
heated tender in late April for rights to a large Coast, was forced by the attack to go offline on
onshore oil and gas block in the Yamalo-Nenets May 7. ™

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Week 19 12•May•2021 www. NEWSBASE .com P17