Page 13 - NorthAmOil Week 01 2023

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global on January 3, representing its lowest level since
(NRG), in which the reader is invited to join mid-February.
our team of international editors, who provide a
snapshot of some of the key issues affecting their FSUOGM: Kremlin lets gas buyers pay in
regional beats. We hope you will like NRG’s new euros as energy crisis shows signs of eas-
concise format, but by clicking on the headline link ing
for each section the full text will be available as Russia has amended the law to allow natural gas
before. buyers in so-called “unfriendly” Western coun-
tries to pay their debts for supply in foreign cur-
AfrOil: Afentra sees acquisition of Angolan rencies, in a possible sign that Moscow is looking
assets delayed until early 2023 to scale back its energy war against Europe. Rus-
AIM-listed Afentra said in a statement on sian President Vladimir Putin issued a decree at
December 14 that it did not expect to achieve the end of March requiring Gazprom’s custom-
its goal of finalising the acquisition of minority ers in “unfriendly” countries to pay for their gas
stakes in two blocks offshore Angola before the supply in rubles.
end of 2022. Afentra had signed a sales and pur-
chase agreement with Angola’s national oil com- GLNG: Peru LNG reports exports down in
pany Sonangol for a 20% stake in Block 3/05 and November
a 40% stake in Block 23 in late April. Peru LNG, the operator of a natural gas lique-
faction plant and export terminal in Pampa
AsianOil: Tokyo asks insurers to continue Melchorita, saw export volumes decline month
marine war cover for LNG carriers in Rus- on month in November. According to Peru’s
sian waters national oil company Perupetro, the Peru LNG
Japan’s government has asked the country’s consortium loaded four vessels in November,
insurers to take on extra risk to continue pro- down from four in October.
viding marine war insurance for LNG carriers
in Russian waters, a senior official at the industry LatAmOil: Guyana begins accepting bids in
ministry told Reuters. Tokio Marine & Nichido deepwater licensing round
Fire Insurance, Sompo Japan Insurance and Guyana’s President Irfaan Ali formally marked
Mitsui Sumitomo Insurance on December 23 the opening of the country’s first deepwater off-
told shipowners that they would stop covering shore bidding round on December 9. George-
damage suffered by ships in Russian wars from town is now accepting bids from local firms,
the start of this year. national oil companies and international oil
companies on 14 offshore blocks that may hold
DMEA: Hungary clears a path for Qatari as much as 25bn barrels of oil equivalent, Ali
LNG deal declared.
Hungary has signed a political agreement clear-
ing the way for the start of talks between energy MEOG: IOCs to drill Lebanese well in 2023
group MVM and QatarEnergy on the pur- French super-major TotalEnergies has
chase of Qatari natural gas, Minister of Foreign announced that it and Italian partner Eni are
Affairs and Trade Peter Szijjarto said in Doha on laying the groundwork for the drilling of a well in
December 14. Qatar is the world’s second-big- Block 9 offshore Lebanon. The news was shared
gest exporter of LNG and is upgrading pro- by the company following a meeting between its
duction and delivery capacities, Szijjarto said, CEO and chairman Patrick Pouyanne and Leb-
adding that Hungary could “realistically” start anese caretaker Energy Minister Walid Fayad in
taking deliveries of Qatari gas within three years Paris.
if Croatia scales up capacity of its LNG terminal
on the Adriatic coast. NorthAmOil: TC Energy restarts sections of
Keystone pipeline following spill
EurOil: European gas prices return to pre- TC Energy has restarted operations in sections
war level of the Keystone pipeline unaffected by the spill
European gas prices have slumped to their lowest of 14,000 barrels in rural northern Kansas. The
level since before Russia launched its invasion of Canadian company said that it had told regula-
Ukraine in late February, as the continent enjoys tors and customers of its plan.
a milder-than-usual winter and ample LNG
supply. The front-month TTF contract closed at See the archive and sign up to receive NRG Editor’s
€72.3 per MWh ($817 per 1,000 cubic metres) Picks for free by email each week here.™

Week 01 05•January•2023 www. NEWSBASE .com P13