Page 15 - MEOG Week 46 2022
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MEOG                          NEWSBASE ROUNDUP GLOBAL (NRG)                                           MEOG


       NewsBase Roundup Global (NRG)










        NRG              WELCOME to NewsBase’s Roundup Global  strikes on Ukraine, mainly targeting transmis-
                         (NRG), in which the reader is invited to join  sion stations.
                         our team of international editors, who provide a
                         snapshot of some of the key issues affecting their  FSUOGM: Kaliningrad FSRU tests complete
                         regional beats.                      Gazprom has completed tests at its 174,000-
                           By clicking on the headline link for each sec-  cubic metre Marshal Vasilevskiy floating storage
                         tion the full text will be available.  and regasification unit off the coast of Russia’s
                                                              Kaliningrad exclave.
                         AfrOil: Refining capacity set to rise  In a statement last week, the company said it
                         OPEC has said, in the latest edition of its World  had completed scheduled maintenance checks
                         Oil Outlook report, that Africa is on track to add  at the FSRU’s systems and equipment, as well as
                         1.2mn barrels per day of primary refining capac-  at its offshore receiving terminal.
                         ity in the medium term, with Nigeria’s Dangote
                         Refinery accounting for more than half of the  GLNG: Tanzania to sign LNG agreements
                         total. The 650,000 bpd Dangote Refinery is the  Tanzanian Energy Minister January Makamba
                         largest downstream facility slated for comple-  reiterated on November 7 that his country’s
                         tion in Africa by the end of this decade.  government was optimistic about its chances
                                                              of signing a package of agreements in Decem-
                         AsianOil: Pakistan set for rationing  ber with Shell (UK) and Equinor (Norway),
                         Pakistan is having to ration natural gas sup-  the foreign shareholders in the Tanzania LNG
                         ply this winter for households, businesses and  consortium.
                         industry, amid the country’s worsening energy   “It’s happening,” Makamba told Bloomberg
                         shortages and foreign currency exchange crisis,  in an interview on the sidelines of the COP27
                         and may have to implement rolling blackouts to  international climate summit in Sharm El
                         conserve electricity.                Sheikh, Egypt.
                           With global economic volatility and high gas
                         prices here to stay for some time, the outlook for  LatAmOil: Guyana begins licensing round
                         the country certainly is not good.   Guyana has launched its first-ever competitive
                                                              oil and gas licensing round and is now accepting
                         DMEA: Al-Zour first phase launched   bids for 14 offshore blocks, the country’s Min-
                         Kuwait Integrated Petroleum Industries Co.  istry of Natural Resources said on November 4.
                         (KIPIC), a subsidiary of Kuwait Petroleum Corp.   The ministry announced the opening of the
                         (KPC), has officially launched the first phase of  auctions in a statement, saying that the govern-
                         the al-Zour refinery, a newbuild plant with a  ment had completed the process of identifying
                         throughput capacity of 615,000 barrels per day.  the blocks that were to be included in the bid-
                           KIPIC announced the start-up in a post  ding contest.
                         on Twitter, saying that the plant had begun to
                         produce and sell low-sulphur fuel oil (LSFO)  NorthAmOil: Biden unlikely to change course
                         for delivery to local thermal power plants last  President Joe Biden and his administration are
                         month.                               unlikely to change course if there is a divided
                                                              government following the midterm elections on
                         EurOil: Ukraine to Hungary oil supply cut  November 8, says a leading oil lobbyist.
                         Power to the Druzhba (Friendship) pipeline   “I do not see the administration changing
                         which delivers Russian crude to Europe has  their policies – they did not change them when
                         been cut after a transformer in Ukraine, near  [gasoline] prices were most high,” said the
                         the border with Belarus, was hit by a rocket on  American Petroleum Institute (API)’s senior
                         November 15.                         vice president of policy, economics and regula-
                           Russian forces were carrying out massive air  tory affairs, Frank Macchiarola.™




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