Page 15 - EurOil Week 30 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global with Kyiv expires at the end of 2024, Kremlin
(NRG), in which the reader is invited to join spokesman Dmitry Peskov told reporters on
our team of international editors, who provide a July 22.
snapshot of some of the key issues affecting their Peskov was responding to a joint state-
regional beats. We hope you will like NRG's new ment issued by Germany and the US on
concise format, but by clicking on the headline July 21, in which they declared they would
link for each section the full text will be available let Nord Stream 2 go ahead but would pun-
as before. ish Russia if it tried to use the pipeline as a
weapon.
AfrOil: Cameroon To Send More Gas To
FLNG GLNG: Port Arthur LNG Plans Suffer Another
Perenco (UK/France) and Société Nationale des Blow
Hydrocarbures (SNH), the national oil company US-based Sempra Energy announced this
(NOC) of Cameroon, have arranged to increase week that it had signed a memorandum of
the total volume of natural gas delivered to the understanding (MoU) with Poland’s PGNiG
Hilli Episeyo, a floating LNG (FLNG) vessel for the potential purchase of around 2mn
owned by Bermuda-registered Golar LNG. tonnes per year (tpy) of LNG. The preliminary
According to Golar LNG, the parties have deal potentially spells bad news for Sempra’s
struck a deal that provides for Perenco and SNH proposed Port Arthur LNG export project in
to deliver enough additional gas to boost the Texas.
FLNG’s production capacity to 1.4mn tonnes
per year in 2022. LatAmOil: US Legislators Urge Biden To Ex-
amine Mexican Energy Policy
AsianOil: India Approves Two New SPR Twenty US senators and representatives,
Sitest including members of both the Democratic
The Indian government has approved plans and Republican parties, have urged President
to build two underground crude oil storage Joe Biden to take a closer look at the Mexi-
facilities that will expand the country’s strate- can government’s energy policy in light of
gic petroleum reserve (SPR) capacity by 6.5mn the challenges faced by US oil, gas and power
tonnes. companies working in Mexico.
The central government allocated INR2.1bn
($28.18mn) in fiscal year 2020-2021 to acquire MEOG: Deals And Details
the land needed for a 4mn tonne (43.98mn bar- In this week’s MEOG we look at the
rel) facility in Odisha State and a 2.5mn tonne approval by the Iraqi Cabinet of a broad
(18.3mn barrel) facility in Karnataka State, Min- energy sector deal that finally signals
ister for Petroleum and Natural Gas Rameswar some good news in relation to IOCs for
Teli told the Lower House on July 26. Baghdad, while details have emerged
about the remaining capacity increases at
DMEA: Pipe Freeze And Sanctions Scrutiny Iran’s new oil pipeline.
This week’s DMEA covers the freezing of a con- The deal between Iraq’s Ministry of Oil
troversial pipeline deal while revelations have (MoO) and TotalEnergies’ deal will see the
been made about the company at the heart of French company carry out work on projects
Iran’s ongoing oil trade. in oil, gas and renewables.
Israel’s Ministry of Environmental Protec-
tion this week announced that it was delaying NorthAmOil: Shell Announces Whale FID
the development of an oil transmission pro- A Royal Dutch Shell subsidiary announced
ject that will pipe Emirati oil from the Red Sea this week that it had made a final investment
directly to the Mediterranean. decision (FID) on the Whale project in the US
Gulf of Mexico. See the archive and
FSUOGM: Russia Open To Post-Ukraine Shell Offshore said Whale would entail sign up to receive
Transit 99% replication of the hull and 80% replica- *NRG Editor’s Picks*
Russia is open to continuing natural gas tion of the topsides from the company’s Vito for free by email each
transits via Ukraine after its current contract project. week here

Week 30 29•July•2021 www. NEWSBASE .com P15