Page 13 - EurOil Week 27 2022

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global foreign exchange competition between pipe-
(NRG), in which the reader is invited to join line gas sold in rubles and LNG that is sold
our team of international editors, who provide a in US dollars.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG's new GLNG: Shell Warns Of Disruptions To Ship-
concise format, but by clicking on the headline ments From Prelude FLNG
link for each section the full text will be available Shell warned this week that shipments from its
as before. Prelude floating LNG (FLNG) project offshore
Australia would be disrupted until at least mid-
AfrOil: Shell Suspends SPDC Stake Sale July owing to industrial action relating to a pay
Shell (UK) has put plans for selling its 30% dispute.
stake in the Shell Petroleum Development Workers on the Prelude facility began 12
Corp. (SPDC) joint venture on hold pending days of industrial action on June 10 over the
the Nigerian Supreme Court’s resolution of a pay dispute. This was followed by a work ban
lawsuit related to an oil spill in 2018. by unions in the run-up to a vote on a new offer
The company’s Nigerian arm confirmed from Shell on July 7.
that the deal was on hold in a statement
dated June 30. LatAmOil: Pemex Formally Launches Ol-
meca Refinery
AsianOil: Russian Oil Exports To Asia De- Mexico’s national oil company (NOC)
cline Pemex held a ceremony marking the official
Russia’s seaborne crude oil exports in the opening of the Olmeca refinery on July 1.
seven days up to July 1 rebounded from a The event was orchestrated to mark the first
slump in the previous week, Bloomberg trial runs of crude through the 340,000 bar-
reported on July 4, but deliveries to Asian rel per day (bpd) plant’s processing units,
markets are declining. and it was supposed to be a triumphant
moment for Pemex, which has said it wants
DMEA: OPEC Gives Refining Update to eliminate the country’s dependence on
This week’s DMEA includes coverage of imported fuels.
OPEC’s latest review of its members’ refin-
ing capacities. MEOG:Gulf E&P Uptick
The release this week of the 2022 OPEC This week’s MEOG includes coverage of the
Annual Statistical Bulletin included over- continued resurgence in Middle Eastern
view data of refining capacity among E&P.
member states. However, rather than A Kuwait-Saudi working group focused
providing an accurate picture of OPEC on the development of joint oil and gas pro-
refining activity in 2021, the data offers a jects met this week to discuss the accelera-
best-case scenario processing level, once tion of efforts in their Partitioned Neutral
major overhaul and expansion projects Zone (PNZ).
have been completed.
NorthAmOil: US Government Releases
FSUOGM: Russia Mulls Rubles-For-LNG 2023-2028 Offshore Drilling Plan
Scheme The US Department of the Interior released its
Russia’s Gazprom is considering expanding new five-year offshore drilling plan on July 1,
its rubles-for-gas scheme for pipeline sales saying it would carry out no more than 11 new
to Europe to LNG as well, Interfax reported potential Atlantic and Pacific lease sales during See the archive and
on July 4, although the Kremlin has said no the 2023-2028 period. In a statement, it said no sign up to receive
decision on the matter has been taken yet. more than 10 of these lease sales would cover *NRG Editor’s Picks*
Kirill Polous, a deputy department head acreage in the Gulf of Mexico, while no more for free by email each
at Gazprom, was quoted as saying by Interfax than one would cover acreage in Alaska’s Cook week here
that Gazprom had made the proposal, citing Inlet.

Week 27 08•July•2022 www. NEWSBASE .com P13