Page 17 - MEOG Week 15 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global most carbon-intensive industries.
(NRG), in which the reader is invited to join
our team of international editors, who provide a FSU OGM: Fossil fuel forecasts slashed
snapshot of some of the key issues affecting their Russia has slashed its forecasts for oil, gas and
regional beats. We hope you will like NRG’s new coal production in 2021 and 2022, taking into
concise format, but by clicking on the headline account the pandemic’s impact, OPEC+ quotas
link for each section the full text will be available and lower commodity prices.
as before. The government now projects that oil output
will reach 517mn tonnes (10.4mn barrels per
AfrOil: New deals clear the way for EACOP day), versus a previous projection of 11.25mn
The governments of Uganda and Tanzania have bpd.
joined representatives of France’s Total and
China National Offshore Oil Corp. (CNOOC) in GLNG: India’s first FSRU arrives at Jaigarh
finalising host government agreements (HGAs) India’s first floating storage and regasification
for the East Africa Crude Oil Pipeline (EACOP) unit (FSRU) has arrived in the country. The
project. Höegh Giant sailed from Keppel Shipyard in Sin-
gapore, berthing at H-Energy’s Jaigarh terminal
AsianOil: Eni expands Vietnamese portfolio in Maharashtra on April 12.
Italian major Eni has closed its acquisition of Sin- The FSRU has a storage capacity of 170,000
gaporean independent KrisEnergy’s 100% stake cubic metres and installed regasification capac-
in Block 115/09, which lies offshore Vietnam. ity of 750mn cubic feet (21mn cubic metres) per
Eni said on April 12 that the acquisition fur- day.
ther strengthened its presence in the Southeast
Asian country, “consolidating its position in the LatAmOil: Argentina mulls price controls
recently discovered Ken Bau like play”, while Argentina’s government is looking to establish
furthering its efforts to expand its Asian gas long-time price controls for the domestic oil
portfolio. market, according to Production Minister Mat-
ias Kulfas.
DMEA: Refineries under fire again The administration of President Alberto
Yemen’s Houthi militia this week claimed Fernandez had included provisions for setting
another attack on Saudi Arabian oil infrastruc- a floor and ceiling for domestic oil prices into
ture, this time targeting Aramco facilities at draft legislation designed to attract more invest-
Jeddah and Jubail. Just a day after Aramco had ment into the hydrocarbon sectors, Kulfas told
announced a deal for the lease of its oil pipeline Bloomberg in an interview last week.
network, the Houthis struck at dawn in a retali-
atory move against the Saudi-led military cam- NorthAmOil: A boost for Dakota Access
paign in Yemen. The Dakota Access oil pipeline received a boost
last week, when the administration of US Pres-
EurOil: Equinor backs first H2 power plant ident Joe Biden said it would not force the pipe-
Norwegian oil firm Equinor and UK utility line to be shut down while federal regulators
SSE have teamed up to develop what would be carry out a new environmental review on the
the world’s first hydrogen-fired power plant in project. The fight over Dakota Access’ future
northern England. The UK government is push- continues, with opponents of the project await-
ing for large-scale hydrogen development as a ing a court ruling that could still result in the
means of decarbonising some of the country’s pipeline being shut down.™

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