Page 16 - LatAmOil Week 01 2023

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global The front-month TTF contract closed at €72.3
(NRG), in which the reader is invited to join per MWh ($817 per 1,000 cubic metres) on
our team of international editors, who provide a January 3, representing its lowest level since
snapshot of some of the key issues affecting their mid-February.
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline FSU OGM: Kremlin lets gas buyers pay
link for each section the full text will be available in euros as energy crisis starts to ease
as before. Russia has amended the law to allow natural
gas buyers in so-called “unfriendly” Western
AfrOil: Afentra’s acquisition of Angolan countries to pay their debts for supply in for-
assets delayed until early 2023 eign currencies, in a possible sign that Moscow
AIM-listed Afentra said in mid-December 14 is looking to scale back its energy war against
that it did not expect to finalise the acquisition Europe. Russian President Vladimir Putin had
of minority stakes in two blocks offshore Angola issued a decree at the end of last March requiring
before the end of 2022.. It explained that talks on Gazprom’s customers in “unfriendly” countries
the extension of the Block 3/05 PSA were ongo- to pay for their gas supply in rubles.
ing and unlikely to be completed by year-end.
GLNG: Sempra signs offtake deal with
AsianOil: Tokyo seeks continued war Port Arthur LNG
coverage for LNG in Russian waters Sempra has announced an offtake agreement
Japan has asked the country’s insurers to take with Engie for LNG from Sempra’s proposed
on extra risk to continue providing marine war Port Arthur LNG facility. For 15 years, Engie
insurance for LNG carriers in Russian waters. will receive some 875,000 tonnes per year (tpy)
Tokio Marine & Nichido Fire Insurance, Sompo of LNG from the Port Arthur LNG Phase I pro-
Japan Insurance and Mitsui Sumitomo Insur- ject, on the Gulf of Mexico. The gas liquefaction
ance on December 23 told shipowners that they plant is owned by Sempra Infrastructure, a sub-
would stop covering damage suffered by ships in sidiary of Sempra.
Russian wars from the start of this year.
MEOG: TotalEnergies, Eni to drill at
DMEA: Hungary clears a pathway for Lebanon’s Block 9 in 2023
Qatari LNG deal France’s TotalEnergies and Italian partner Eni
Hungary has signed a political agreement clear- are laying the groundwork for the drilling of a
ing the way for talks between energy group well in Block 9 offshore Lebanon. The teams in
MVM and QatarEnergy on buying Qatari nat- charge of Block 9 operations have been mobi-
ural gas, Minister of Foreign Affairs and Trade lised and bids had been sought for a drilling rig,
Peter Szijjarto said on December 14. Szijjarto with a unit to be chosen during Q1 2023.
said Hungary could “realistically” start import-
ing Qatari gas within three years if Croatia NorthAmOil: Marathon closes purchase
expanded its Krk LNG terminal. of Ensign’s Eagle Ford assets for $3bn
Marathon Oil has closed the acquisition from
EurOil: European gas prices return to Ensign Natural Resources of Eagle Ford shale
pre-war levels acreage for $3bn in cash. The deal had been
European gas prices have fallen to the lowest announced in early November. The assets
level since before Russia’s invasion of Ukraine nearly double Marathon’s Eagle Ford position
last February, as the continent enjoys a mild- to 290,000 net acres (117,350 hectares) and are
er-than-usual winter and ample LNG supply. adjacent to the firm’s existing Eagle Ford wells. ™

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P16 www. NEWSBASE .com Week 01 04•January•2023