Page 15 - GLNG Week 13 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global that Russia’s state-owned gas supplier Gazprom
(NRG), in which the reader is invited to join will demand payment for its supplies in rubles
our team of international editors, who provide a within days, in what marks Moscow’s toughest
snapshot of some of the key issues affecting their response to Western sanctions imposed for the
regional beats. We hope you will like NRG’s new invasion of Ukraine. Russian President Vladimir
concise format, but by clicking on the headline link Putin has described Western sanctions as akin
for each section the full text will be available as to economic warfare, and announced on March
before. 23 that all payments for Russian gas by so-called
“unfriendly states” should be paid in rubles, and
AfrOil: NUPRC highlights oil thefts from has instructed Russia’s Central Bank and Gaz-
Bonny, Forcados, Brass pipeline networks prom to put the requirement in place within a
The Nigerian Upstream Petroleum Regulatory week.
Commission has identified the pipeline net-
works serving the Bonny, Forcados and Brass GLNG: Tellurian starts construction on
terminals as the biggest sources of crude oil theft Driftwood LNG
in the country. In a meeting with representa- US-based Tellurian announced on March 28 that
tives of the Independent Petroleum Producers it had kicked off construction on its Driftwood
Group and the Oil Producers Trade Section on LNG terminal on Louisiana’s Gulf Coast. The
March 24, NUPRC officials said that these three company has issued engineering, procurement
networks appeared to be particularly vulnera- and construction contractor Bechtel with a lim-
ble because of the economic challenges facing ited notice to proceed.
host communities and some investors’ failure to
engage adequately with residents. LatAmOil: SENER formally names Pemex
as operator of Zama oilfield
AsianOil: Sinopec plans biggest capex US-based Talos Energy has confirmed its receipt
budget in history of documents from Mexico’s Secretariat of
China’s Sinopec is targeting the largest capital Energy (SENER) finalising the decision to award
expenditure budget in its history for 2022. This Pemex, the national oil company, control of the
comes after the state-owned company recorded offshore acreage that includes the Zama oilfield.
its highest profit in a decade, and is in line with In a statement, Talos said it had received from
Beijing’s call for energy companies to ramp up SENER the unitisation resolution that merges
production. Block 7, where Talos originally discovered Zama,
with Uchukil 0152, adjacent block assigned to
DMEA: Shootout at Dangote Pemex.
In DMEA this week we cover a shootout at Afri-
ca’s most eagerly anticipated industrial plant. MEOG: Iranian drilling and supplies for
Nigeria’s Dangote Refinery came under attack Jordan
this week as an armed group exchanged fire This week’s MEOG looks at an Iranian drill-
with security personnel during an attempt to ing campaign and the renewal of an oil supply
steal equipment. Lagos State Police Command deal to Jordan. The National Iranian Drilling
reported that it had foiled an attempted attack Co. (NIDC) announced this week that it has
on the refinery, which is scheduled to begin started a 10-well campaign at the supergiant
operations in September at an initial capacity of South Azadegan oilfield in the south of the
540,000 barrels per day. country. Meanwhile, the Jordanian govern-
ment this week agreed to renew an agreement
EurOil: Germany unveils plan to phase out to import 10,000 barrels per day of Kirkuk
Russian energy crude from Iraq after the previous deal expired
Germany is looking to halve its imports of Rus- in January.
sian oil by the middle of this year and make its
refining sector “almost independent” from Mos- NorthAmOil: Shell starts production at
cow by the end of 2022, the country’s economy PowerNap project in Gulf
minister, Robert Habeck, announced on March Shell announced on March 29 that it had started
28. Berlin has radically changed its energy policy production at the PowerNap project in the US
in the wake of Russia’s invasion of Ukraine that Gulf of Mexico. PowerNap is a subsea tieback to
started on February 24. the Olympus platform, which is also operated by
Shell and located in the Mars Corridor.
FSUOGM: Russian requires ruble pay-
ments within days See the archive and sign up to receive NRG Editor’s
The Kremlin has warned its Western adversaries Picks for free by email each week here.™

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