Page 19 - FSUOGM Week 03 2023

FSUOGM NEWS IN BRIEF FSUOGM

Turkmenistan to modernise oil charged to end-consumers for the natural TurkStream, running across the Black Sea
Launched on January 8, 2020,
gas distribution service.
refineries that, through the decisions of the energy from Russia, has so far transited 26.75 bcm
However, Rotalin Gaz Trading claims
of gas to Turkey and 30.55 bcm to Europe.
Turkmenistan is planning to modernise market regulator ANRE, the state deprived In 2022 alone, the numbers were 8.6 bcm
the Turkmenbashi Oil Processing Complex it of the money invested by refusing to and 12.5 bcm for Turkey and Europe,
and Seydi Oil Refinery (SOR) by building calculate appropriate fees. respectively.
new technology-advanced facilities that will TANAP, inaugurated in June 2018,
increase the depth of oil refining to above carried 5.8 bcm of gas last year to Turkey,
90%, Trend reported on January 16, citing CPC says it's ready to boost oil while Europe received 11.3 bcm of gas
Turkmen media. through the pipeline in 2022.
These facilities will reportedly include shipments in 2023 Since the pipeline started operations,
hydrotreating units for gasoline and a total of 20.5 bcm of gas has been
diesel fractions, catalytic cracking and The Caspian Pipeline Consortium (CPC) transported to Turkey and 19.5 bcm to
coking with a hydrogen production unit, a has expressed its readiness to increase oil Europe via TANAP, the data compilation
catalytic cracking unit for heavy residues flows in 2023. CPC director general Nikolai showed.
of refined petroleum products, and a unit Gorban on January 13 stated that higher
for the manufacturing of high-quality base volumes could be piped thanks to increased
technical oils. available capacity. Azerbaijan increased gas
Meanwhile, the construction of delayed CPC handles around two-thirds of
coking and tar de-asphalting units at Kazakhstan’s oil exports to global markets production by 6.5% in 2022
Turkmenbashi Oil Processing Complex is via Russian territory and accounts for 1% of
nearing completion. global oil exports. The CPC shipped 58.7mn Gas production in Azerbaijan in 2022,
tonnes of crude in 2022, including 52.2mn according to operational data, amounted to
tonnes from Kazakhstan. 46.7bn cubic metres, which is 6.5% higher
Private gas distribution firm maintenance issues at its export terminal than in 2021, the Energy Ministry said
The consortium faced multiple
in a newly released report. "At the same
Rotalin asks for $63mn from in 2022, which were preceded by time, 25.2 bcm of gas and 4.4mn tonnes of
condensate were produced from the Shah
inspections repeatedly enforced by local
Moldova Russian authorities at the Black Sea port Deniz field," the Ministry added.
of Novorossiysk. This led to constrained
According to the ministry, in 2021, 22.6
Private natural gas distribution firm Rotalin Kazakh oil exports during most of the bcm of gas and 4.2mn tonnes of condensate
Gaz Trading has asked for $63mn from second half of last year. were produced from the Shah Deniz field.
Moldova in an arbitration request file to Authorities used shipment disruption Thus in 2022, gas production from Shah
the World Bank’s specialised ICSID court, times to carry out maintenance works at Deniz increased by 11.5%, and condensate
Mold-Street.com reported. Kazakhstan's largest oil fields. by 4.8%. The ministry added that since the
The company claims that it has invested Kazakhstan began looking for ways to start of development and as of January 1,
“tens of millions of US dollars” in the 18 bypass Russia with oil exports. It is expected 2023, about 182.8 bcm of gas and 40mn
years of activity in Moldova, but the market to export at least 1.5mn tonnes of oil via the tonnes of condensate have been produced
regulator has not allowed it to recover its Baku-Tbilisi-Ceyhan pipeline in 2023. from the Shah Deniz field. So far, 128 bcm
investment. of gas have been exported from the Shah
Rotalin, controlled by US-British Deniz field.
investor Jamal Sari Nuseibeh through Over 97bcm of gas delivered to The contract for the development of the
the Liechtenstein-registered Rotalin Gas Shah Deniz field was signed in Baku on
Trading, claims that it is the largest private Turkey, Europe via TurkStream, June 4, 1996, and ratified by the Parliament
investor registered under the National on October 17 of the same year. The equity
Gasification Programme launched by TANAP participation of the parties in the contract is
Moldova in 2002. It estimates its market currently as follows: bp (operator, 29.99%),
share at 3%, enough to make it the Some 97.3bn cubic metres (bcm) of gas has LukOIL (19.99%), TPAO (19%), SOCAR
main rival of the Gazprom-controlled to date been delivered through TurkStream (14.35%), NICO (10%) and CJSC "Cenub
Moldovagaz. Natural Gas Pipeline and Trans Anatolian Qaz Dehlizi" (6.67%). Gas production from
According to the law, natural gas Natural Gas Pipeline (TANAP) to Turkey the Shah Deniz field began in December
distribution networks are financed by the and Europe, according to a compilation 2006. ™
distribution system operator, but they are of data by Turkish state-run news service
taken into account when setting the fees Anadolu Agency.

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