Page 16 - FSUOGM Week 09 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global MW. Using green hydrogen produced from
(NRG), in which the reader is invited to join the electrolyser as well as biomass, the PTL
our team of international editors, who provide a unit would produce 100,000 tonnes per year
snapshot of some of the key issues affecting their (tpy) of synthetic kerosene and naphtha.
regional beats. We hope you will like NRG's new TechnipFMC announced the split in mid-
concise format, but by clicking on the headline 2019, two years after the company’s creation
link for each section the full text will be available through the merger between France-based
as before. Technip and US-based FMC Technologies.
But it put the process on hold after the coro-
AfrOil: Sasol’s gas FID navirus (COVID-19) pandemic struck.
South Africa’s Sasol has made a final invest-
ment decision (FID) on the development of GLNG: Jordan Cove LNG in doubt
an onshore natural gas field in neighbouring The future of Pembina Pipeline’s proposed Jor-
Mozambique. This move will allow the com- dan Cove LNG export terminal in Oregon looks
pany to move forward with this $760mn project, increasingly in doubt, with the company taking
which will include overland gas shipments to a write-down on its investment in the project.
South Africa, LPG production for the local mar- Pembina now says it can no longer predict
ket and the construction of a gas-fired thermal when the facility may be built, and is evaluating
power plant (TPP). the path forward.

AsianOil: IOC plans Panipat refinery expan- LatAmOil: Ecopetrol comments on ISA bid
sion Colombia’s national oil company (NOC) Eco-
State-run refiner Indian Oil Corp. (IOC) has petrol has defended its decision to submit a bid
unveiled a multi-billion-dollar plan to expand for a majority stake in Interconexion Electrica
the capacity of its Panipat refinery by 200,000 SA (ISA), the country’s electricity transmission
barrels per day. system operator (TSO). According to Felipe
The company said on February 26 that it Bayon, the company’s CEO, the TSO is a good
would invest INR329.46bn ($4.49bn) to increase investment, even though it falls outside Ecopet-
the facility’s capacity to 500,000 bpd by Septem- rol’s core business.
ber 2024.
MEOG: Conduits in the crosshairs
Pipelines took centre stage in the Middle East
DMEA: Dangote to the rescue this week. While a gas pipeline in eastern Syria
The refinery currently being built by Nigeria’s was attacked amid growing tensions in the
Dangote Group has once again been hailed as a region, Saudi Arabia has pitched to make itself
potential saviour for Nigeria. This time, the gov- the centre of the nascent hydrogen market, offer-
ernor of the country’s Central Bank has said that ing to pipe hydrogen to Europe.
once it comes into production the 650,000 barrel Nobody has yet claimed responsibility for
per day (bpd) facility will sell products in naira, the attack on the al-Jabsa-al-Rayyan pipeline in
saving the government from spending around the oil-rich Syrian province of Deir Ezzor, which
41% of its foreign exchange on petroleum prod- is home to the bulk of the country's oil and gas
uct imports. reserves and producing assets.
EurOil: European refining developments NorthAmOil: Crude-by-rail on the rebound
Royal Dutch Shell is looking to construct Canadian crude-by-rail exports are reported to
the first ever commercial bio-power-to-liq- be rebounding after falling almost 40% in 2020,
uid (bio-PTL) unit at its Rheinland refinery according to the Canada Energy Regulator
in Germany, the company said on February (CER).
26. The regulator’s data show that crude-by-rail
The project will involve expanding an exist- exports averaged 172,013 barrels per day, com-
ing 10-MW electrolyser to a capacity of 100 pared with 280,272 bpd in 2019.™

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P16 www. NEWSBASE .com Week 09 03•March•2021