Page 19 - AfrOil Week 26 2021

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global companies, Novatek is under heightened pres-
(NRG), in which the reader is invited to join sure to reduce the emissions from its products,
our team of international editors, who provide a in order to boost its environmental, social and
snapshot of some of the key issues affecting their governance (ESG) rating and make its gas more
regional beats. We hope you will like NRG’s new attractive to buyers.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: South Africa rejects Karpowership
as before. applications for LNG-to-power projects
South Africa’s Department of Forestry, Fisher-
AsianOil: Pertamina’s shipping arm unveils ies and the Environment (DFFE) has decided
$4bn asset upgrade plan against giving Turkey’s Karpowership permis-
The shipping arm of Indonesia’s state-owned sion to go ahead with three LNG-to-power
Pertamina has unveiled plans to invest $4bn to projects. DFFE announced its decision in a state-
upgrade its vessels and terminals over the next ment dated June 24.
seven years. Pertamina International Shipping
(PIS) intends to replace 23 vessels and expand LatAmOil: Ecopetrol given more time to
its fleet, director of business planning Wisnu prepare ISA offer
Medan Santoso told Reuters on June 25. Ecopetrol, Colombia’s national oil company, has
said that the government will extend the period
DMEA: Eyes on fuel sources during which it has the exclusive right to nego-
State-owned Saudi Aramco this week spoke of tiate for a 51.4% equity stake in Interconexion
plans to be a major player in the emerging blue Electrica, the country’s electricity TSO. In a
hydrogen market, though it reiterated that it does statement dated June 24, Ecopetrol reported that
not anticipate significant growth in the sector the end date of its exclusivity agreement with the
until the end of the decade. Meanwhile, Ango- Ministry of Finance and Public Credit (MHCP)
la’s state-owned Sonangol announced that it had had been pushed back to August 31.
contracted Vitol and Total Trading SA (TOTSA)
– a subsidiary of France’s TotalEnergies – to MEOG: Iraq talks connectivity
import gasoline and diesel for the next year. Iraq’s Prime Minister has met with regional
counterparts to discuss gas and electricity inter-
EurOil: Shell moves in on BP Shearwater connectivity. Following a meeting with Jordan’s
position King Abdullah II and Egyptian President el-Sisi,
Royal Dutch Shell looks set to pick up rival BP’s the office of Iraqi PM al-Kadhimi said: “This visit
stake in the Shearwater gas field in the UK North is an important message to our people that we
Sea, after exercising its right as the project’s oper- are mutually supportive and unified to serve our
ator to match a bid by Tailwind Energy. Tailwind, people and the people of the region.”
backed by private equity group Mercuria, struck
a deal to buy BP’s 27.5% equity stake in the field NorthAmOil: Southwestern commits to
in May. RSG in Appalachia
Southwestern Energy said last week that it had
FSU OGM: Novatek considers Yamal wind struck a deal with Project Canary to certify all of
power its Appalachian Basin shale gas output as being
Russia’s Novatek is reportedly considering the responsibly sourced. The company said it would
construction of a wind farm on the Yamal Pen- obtain the responsible sourced gas (RSG) certi-
insula in order to limit Scope 2 emissions at its fication using Project Canary’s TrustWell stand-
Yamal LNG plant. Like other Russian oil and gas ards and continuous emissions monitoring. ™

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Week 26 30•June•2021 www. NEWSBASE .com P19