Page 13 - MEOG Week 40 2022

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global to north Germany, sustained four leaks on Sep-
(NRG), in which the reader is invited to join tember 26, with Moscow and various European
our team of international editors, who provide a governments concluding that sabotage was
snapshot of some of the key issues affecting their likely the cause.
regional beats.
By clicking on the headline link for each sec- FSUOGM: Enel wraps up Russian sale
tion the full text will be available. President Vladimir Putin has given Italian
energy utility Enel the green light to sell a major-
AfrOil: Subsidies the driver of Nigerian debt ity share in its Russian unit to oil major Lukoil
Patience Oniha, the director-general of Nige- and investment fund Gazprombank-Frezia,
ria’s Debt Management Office (DMO), said on according to a presidential decree issued on
September 27 that domestic gasoline subsidies September 30.
were the primary cause of the ongoing rise in The deal’s completion has been complicated
public debt. Speaking during a presentation on by a previous decree issued in August, which
budgeting and fiscal transparency at the Army prohibits foreign firms from closing the sale of
Resource Centre in Abuja, Oniha explained that their assets without Putin’s direct approval.
Nigeria’s public debts were being driven upward
by budget deficits. GLNG: RWE signs LNG deal with ADNOC
https://newsbase.com/story/glng-rwe-signs-
AsianOil: PNG offers Japan gas access documents-with-adnoc-on-lng-supplies-
Papua New Guinea is offering Japanese com- 258387?utm_source=Newsletter+&utm_medi-
panies priority access to invest in new gas fields um=NRG&utm_campaign=GLNG
and LNG projects as part of ongoing trade talks In a statement, RWE explained that one of
between the two countries focused on energy the documents was an agreement under which
security, PNG Prime Minister James Marape ADNOC would make its first commercial deliv-
has said on September 27, according to Reuters. ery of LNG to Germany.
According to Marape, Kishida stressed
Japan’s need for increased security and was eager LatAmOil: Less Colombian oil going to Asia
to expand trade between the two countries. Colombia’s national oil company Ecopetrol is
sending a smaller share of its oil exports to Asia
DMEA: Oil flows to Karbala refinery this year, as competition for Asian market share
Iraq’s Oil Ministry announced on September 25 has ramped up in recent months, according to
that the Karbala refinery had begun receiving Felipe Bayon, the firm’s CEO.
feedstock in preparation for trial production. Bayon told Reuters that Asia had absorbed
Oil is now flowing to the 140,000 barrel per about 60% of Ecopetrol’s exports in 2021.
day plant through a pipeline that originates in
southern Iraq, in fields near Basra, the ministry NorthAmOil: TotalEnergies to spin off oil sands
noted in a statement. France’s TotalEnergies has unveiled plans to spin
off its oil sands operations in Canada into a new
EurOil: Norwegian patrols to protect assets company, as those assets do not align with its
Norway plans to co-ordinate patrols of seas energy transition goals.
around its oil and gas platforms with the UK, The spin-off would include TotalEnergies’
Germany and France, following suspected sab- 24.58% stake in Suncor Energy’s Fort Hills oil
otage at the Nord Stream 1 and 2 pipelines last sands mining project in northern Alberta, its
week, the country’s prime minister said on Sep- 50% stake in ConocoPhillips’ Surmont ther-
tember 30. mal project and midstream and trading-related
Nord Stream 1 and 2, which run from Russia activities.™

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