Page 15 - MEOG Week 05 2022

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global the facility, requiring extensive repairs and
(NRG), in which the reader is invited to join reconstruction.
our team of international editors, who provide a
snapshot of some of the key issues affecting their
regional beats. FSUOGM: Gazprom Neft to lead the charge
We hope you enjoy NRG’s new concise for- Gazprom Neft aims to be producing 3mn barrels
mat, but by clicking on the headline link for each of oil equivalent per day by 2025, the company’s
section the full text will be available as before. CEO Alexander Dyukov announced last week,
which would put it on a faster growth trajectory
AfrOil: TotalEnergies eyes Moz return than any of its peers.
Patrick Pouyanné, the CEO of TotalEner- The oil arm of state-owned Gazprom said in
gies (France), hopes to see work on the $20bn mid-December that it would reach its long-held
Mozambique LNG project resume before the goal of producing 2mn boepd of oil and gas by
end of this year. the end of last year.
Speaking during a visit to Maputo on January
31, Pouyanné stressed that the French major was GLNG: FID for Alexandroupolis LNG
still waiting for security conditions to improve Greece’s Gastrade announced on January 28 that
in Cabo Delgado Province, where the Mozam- it had made a final investment decision on the
bique LNG consortium has already begun build- Alexandroupolis LNG import terminal.
ing its onshore complex. The floating LNG project, off the coast of
Alexandroupolis, will have the capacity to
AsianOil: Malaysia launches bid round import up to 5.5bn cubic metres per year of gas.
Malaysia’s state-owned Petronas launched the It will be Greece’s second LNG import terminal.
country’s 2022 licensing round on January 27.
Under the Malaysia Bid Round 2022, 14 LatAmOil: Peru bans Repsol from discharge
exploration blocks, six clusters of discovered Peru’s Environment Minister Ruben Ramirez
resource opportunities and one cluster of late- said on January 31 that Repsol (Spain) would
life assets are on offer. not be permitted to take delivery of feedstock
for its La Pampilla refinery until it could provide
DMEA: Going in circles adequate technical guarantees with respect to its
Saudi Arabia’s National Methanol Co. (Ibn Sina) ability to handle oil spills.
has received accreditation for circular methanol Ramirez declared that the Spanish company
production by the International Sustainability was already performing inadequately, as evi-
and Carbon Certification (ISCC). denced by the spill that occurred at one of the
Meanwhile, Nigerian National Petroleum four moorings it operates at La Pampilla on Jan-
Corp. (NNPC) has said that its effort to reha- uary 15.
bilitate Port Harcourt Refining Co. (PHRC) is
running behind schedule. NorthAmOil: Maverick expands in Permian
US-based ConocoPhillips has agreed to sell
EurOil: More Hammerfest LNG delays certain assets in the Permian Basin to privately
Equinor has warned of a further delay in the owned Maverick Natural Resources for $440mn.
restart of the Hammerfest LNG plant in Nor- The producing assets are located in the Per-
way’s far north, dashing hopes that the terminal mian’s Central Basin Platform and Northwest
would help ease supply constraints in Europe at Shelf areas, spanning roughly 144,500 net acres
the tail-end of winter. (585 square km) across Texas’ Andrews and
Hammerfest LNG had to be closed in Sep- Ector counties and New Mexico’s Eddy and Lea
tember 2020 after a serious fire tore through counties.™

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