Page 15 - FSUOGM Week 03 2022

FSUOGM NEWSBASE’S ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global of their members may have to wind down their
(NRG), in which the reader is invited to join operations or file for bankruptcy this year as a
our team of international editors, who provide result.
a snapshot of some of the key issues affecting
their regional beats. We hope you will like GLNG: Work Begins On Hai Lang LNG-To-
NRG’s new concise format, but by clicking on Power Project In Vietnam
the headline link for each section the full text Construction has begun on the first phase of
will be available as before. the Hai Lang LNG-to-power project in Viet-
nam, according to a January 15 government
AfrOil: Egbokor Energy Park Set To Launch announcement.
By End-March The project is located in Quang Tri Province. It will
Backers of the Egbokor Energy Park project have a power generation capacity of 1.5 GW and
reportedly expect construction work on the will run on regasified LNG that will be imported
new facility, which is being built in Nigeria’s Edo via a receiving terminal with a capacity of 1.5mn
State, to be completed in less than three months. tonnes per year (tpy). .
According to Dr. Akintoye Akindele, the CEO of
Atlantic International Refinery and Petrochem- LatAmOil: Guyanese Inspectors To Take
ical, both the park’s owner, Duport Midstream, Responsibility For Oil Certification
and the bank providing the financing, First City The Guyana National Bureau of Standards
Monument Bank (FCMB), have said that the (GNBS) is prepared to assume responsibility for
complex will be ready for inauguration by the testing crude oil extracted from the country’s
end of March. offshore fields this year, ahead of the planned
launch of the Liza-2 development project.
AsianOil: Inpex Unveils Offshore Explora- GNBS has been involved in the testing of
tion Plans crude since December 2019, when the coun-
Japan’s Inpex unveiled plans this week to con- try’s first oilfield, Liza-1, began commercial
duct exploratory drilling for natural gas offshore production.
Western Japan later this year.
According to a January 17 statement, the explo- MEOG: Supporting Gas And Oil Drives
ration campaign will be carried out offshore This week’s MEOG looks at work to expand
Shimane and Yamaguchi prefectures between the production of gas in Iran and that of oil
March and July. in the UAE.
Iran is expected to begin commissioning on
DMEA: MEA Refining Concerns the final offshore phase of the supergiant
In DMEA this week, we look at concerning South Pars gas field development programme
developments relating to refinery projects in by the end of September as it seeks to boost
Kuwait and Nigeria. gas availability.
Downstream-focused Kuwait National Petro-
leum Co. (KNPC) this week dealt with the NorthAmOil: ExxonMobil Unveils Net-Zero
second major fire at its 346,000 barrel per day Goal
(bpd) Mina Al-Ahmadi refinery since October. ExxonMobil announced this week that it would
pursue an “ambition” to achieve net zero green-
Euroil: Poland Shields Small Businesses house gas (GHG) emissions from its operated
From Gas Price Spike assets by 2050.
Poland has slashed gas prices for small busi- The move represents a significant step for the
nesses in an effort to shield them from the energy super-major, which previously avoided commit-
crisis unfolding across Europe. ting to net zero on the basis that it had no realistic
Consumers across the continent face higher plan for achieving such a goal.
gas and power bills this year, following a sharp
rebound in demand as coronavirus (COVID-19) See the archive and sign up to receive NRG
restrictions have been eased. A number of busi- Editor’s Picks for free by email each week
ness groups in Poland have warned that some here.™

Week 03 20•January•2022 www. NEWSBASE .com P15