Page 14 - MEOG Week 48 2022

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global cubic metres of gas for export to Europe via the
(NRG), in which the reader is invited to join Aasta Hansteen platform some 80 km east of the
our team of international editors, who provide a find.
snapshot of some of the key issues affecting their
regional beats. FSUOGM: Claims of South Stream sabotage
By clicking on the headline link for each sec- Russia’s federal security service (FSB) reported
tion the full text will be available. on November 24 that it had prevented a sabotage
attempt by Ukrainian special forces at the “South
AfrOil: Eco Atlantic strikes out at Gazania-1 Stream” gas pipeline.
UK-based Eco (Atlantic) Oil & Gas said it had “As a result of a set of investigative measures,
not found any crude oil or natural gas in the [the FSB] prevented an attempt by Ukrainian
Gazania-1 exploration well at Block 2B offshore special services to commit an act of sabotage and
South Africa in the Orange basin. terrorism on the South Stream gas pipeline sup-
In a statement dated November 18, Eco plying energy resources to Turkey and Europe,”
Atlantic said it had sunk Gazania-1 to the tar- the FSB said.
get depth of 2,360 metres after spudding it on
October 10. GLNG: Tighter US methane regs
The Biden administration has unveiled a pro-
AsianOil: A decom first for Indonesia posed tighter methane rule for the oil and gas
Indonesia’s Pertamina has decommissioned the sector as the US races to cut GHG emissions.
country’s first offshore oil and gas platform, in Methane, the major component of natural
co-operation with South Korean partners. gas and which can leak from pipelines, is an
Upstream regulator SKK Migas reported that especially potent greenhouse gas.
the platform, formerly operated by Chevron at
the East Kalimantan-Attaka block off the coast LatAmOil: Limetree Bay needs new permit
of Balikpapan, would be decommissioned under The US Environmental Protection Agency has
a government-to-government partnership informed Port Hamilton Refining and Trans-
agreement between Indonesia and South Korea. portation (PHRT), the owner of the Limetree
Bay Refinery near St. Croix in the US Virgin
DMEA: Israel eyes new gas export route Islands, that it may not resume oil-processing
NewMed Energy has indicated that it does not operations unless it first obtains a new compre-
want Egypt’s LNG plants to be the sole export hensive Clean Air Permit. In a statement dated
outlet for natural gas from the Leviathan field. November 17, the agency said it had instructed
Yossi Abu, NewMed’s CEO, said during US-based PHRT to secure a Prevention of Sig-
a conference call discussing his company’s nificant Deterioration permit.
third-quarter results on November 24 that he
was “really keen” to develop a floating LNG solu- NorthAmOil: Canada faces climate criticism
tion for Leviathan. Though global delegates have left COP27 in
Sharm El-Sheikh, the criticism of Canada’s
EurOil: Equinor signs off on Irpa stance on fossil fuels is still sharp.
Norway’s Equinor and its partners announced Canada was lambasted by activists for refus-
this week that they had signed off on a ing to sign a final agreement to phase out oil and
NOK14.8bn ($1.44bn) plan to develop an Arctic gas, but it also challenged other countries to
gas discovery off the country’s coast. adopt carbon pricing as a key element of climate
The discovery, Irpa, will yield around 20bn strategy.™

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P14 www. NEWSBASE .com Week 48 30•November•2022