Page 19 - GLNG Week 12 2023
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GLNG                          NEWSBASE ROUNDUP GLOBAL (NRG)                                           GLNG


       NewsBase Roundup Global (NRG)






        NRG              Welcome to NewsBase’s Oil & Gas Roundup   2042, SeeNews reported on 17 March.
                         Global (NRG), in which the reader is invited   The value of the contract is based on
                         to join our team of international editors, who   the transport tariffs applicable at the
                         provide a snapshot of some of the key issues   current date, the agency said, referring to
                         affecting their regional beats. We hope you   a statement OMV Petrom filed with the
                         will like NRG's new concise format, but by   Bucharest Stock Exchange.
                         clicking on the headline link for each section
                         the full text will be available as before.  FSUOGM: Russia Proposes Hiking Domestic
                                                              Gas Tariffs To Offset Lost Export Revenues
                         AfrOil: DRC Licensing Round Attracts Green   Russia’s State Duma has proposed revising
                         Investor                             domestic tariffs for gas use to offset the
                         An unconventional candidate has entered   losses Gazprom has sustained from losing
                         the onshore bidding round launched   much of its gas market share in Europe.
                         last July by the Democratic Republic of   Gazprom has earned several times more
                         Congo (DRC) – EQX Biome, a US-based   on the European market than it does
                         investment firm that focuses on preserving   domestically, and the loss of much of that
                         biodiversity. The fund has reportedly   market can be compensated by increased
                         submitted offers for all 27 of the potentially   domestic tariffs, the Duma’s energy
                         oil-bearing blocks included in the licensing   committee has said, according to Russian
                         round.                               media.

                         AsianOil: Putin Says Russia Ready To Increase   LatAmOil: Maduro Names PdVSA Head Oil
                         Oil And Gas Supplies To China        Minister Amidst Corruption Probe
                         Russian President Vladimir Putin has said   Venezuelan President Nicolas Maduro
                         that Russia is ready to increase oil supplies   named Pedro Rafael Tellechea, the head
                         to China, its key energy partner, following a   of the national oil company (NOC)
                         meeting with Chinese President Xi Jinping   PdVSA, as the country’s new petroleum
                         in Moscow on March 20-21.            minister on March 21. Tellechea took
                           "Russia is prepared to increase uninterrupted  office one day after his predecessor,
                         oil supplies to support development of the Chi-  Tareck El Aissami, stepped down amidst
                         nese economy," Putin said, after a meeting with  a corruption investigation that has seen
                         Chinese President Xi Jinping in Moscow.  several government officials and judges
                                                              arrested and more than 20 lower-level
                         DMEA: Final Train Launched SP Phase 14   PdVSA representatives detained.
                         Refinery
                         Iranian media reported this week that the   MEOG: Maha Begins Oman Production Test
                         fourth and final train at the South Pars   Swedish explorer Maha Energy this week
                         Phase 14 refinery had started production.   announced the start of production testing at
                         Deputy Minister of Petroleum and National   Block 70 onshore Oman as part of an eight-
                         Iranian Oil Co. (NIOC) CEO Mohsen    well drilling campaign.
                         Khojastehmehr announced the initial start-  In a press release, the company said it had
                         up of the refinery in March 2022, upon   started with the Mafraq-9 well, with new wells
                         receiving raw sour gas from the offshore   to be added to the test system every two weeks
                         field. South Pars is split into 24 offshore   following its completion with PCP pumps.
                         development phases and 14 onshore gas
                         refineries which process the gas produced   NorthAmOil: US Becomes Third-Largest LNG
                         offshore.                            Exporter As First Wave Nears Completion
                                                              The first wave of US LNG export capacity
                         EurOil: Romanian Companies Prepare For   is not yet fully online, but the country has
                         Neptun Deep Gas, Plan New Pipeline Link  already become the world’s third-largest
                         Romania’s OMV Petrom and Romgaz      exporter of the fuel. According to the latest   See the archive and
                         have signed a €276mn natural gas     data from the US Department of Energy’s   sign up to receive
                         delivery contract with the country’s   (DoE) Office of Fossil Energy, exports of   *NRG Editor’s Picks*
                         national gas transmission company,   US LNG hit a new record high of 4.7bn   for free by email each
                         Transgaz, covering a 16-year period,   cubic feet (133mn cubic metres) per day   week here
                         from September 2026 to September     in May.









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