Page 18 - MEOG Week 05 2023

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global In the January 19-25 period, average gas
(NRG), in which the reader is invited to join withdrawals in the EU reached 693mn cubic
our team of international editors, who provide a metres per year, according to GIE.
snapshot of some of the key issues affecting their
regional beats. FSUOGM: Russia finds a way
By clicking on the headline link for each sec- The value of imports into Russia in the fourth
tion the full text will be available. quarter of 2022 decreased at a slower pace year
on year, the Central Bank of Russia reported on
AfrOil: New Namibian discovery January 26.
Shell (UK) has made a new discovery in the The positive change was driven by the reori-
Orange basin offshore Namibia, according to a entation of imports to countries that had not
report from Upstream Online. introduced sanctions against Russia and by the
Three informed sources told the publication expansion of parallel imports, the CBR said in
that the multi-national had found hydrocar- a report.
bons in Jonker-1, a well drilled at Block 2913A.
GLNG: Third FLNG unit arrives in Germany
AsianOil: Santos’ Barossa setback Germany received the Hoegh Gannet floating
Australia’s Santos has suffered more delays at its storage and regasification unit on January 20 at
$3.6bn Barossa gas project in the country’s north, its Brunsbuettel Elbehafen port near Hamburg.
after a regulator instructed the company to assess It marks the third floating LNG terminal to
environmental risks to underwater indigenous start up in recent weeks as the country contin-
cultural heritage before commencing pipeline ues its shift away from Russian gas.
construction.
Australia’s offshore regulator announced the LatAmOil: T&T gets Venezuela waiver
requirement on January 13. It follows a court Keith Rowley, the prime minister of Trinidad
order made in December, which stated that San- and Tobago, revealed that US authorities have
tos must consult indigenous people on the Tiwi agreed to let his country proceed with the devel-
Lands regarding the environmental impact of opment of Dragon, a natural gas field offshore
the project’s drilling plan. Venezuela.
Some sources have reported that Venezuela’s
DMEA: Uganda to take Hoima FID national oil company PdVSA will serve as oper-
Uganda’s planned 60,000 barrel per day refinery ator of the project, which targets a section of the
at Kabale in Hoima district is expected to begin maritime boundary line between Trinidad and
production by 2025, pending a final investment Tobago and Venezuela.
decision to be made in June.
The project is expected to cost around $4bn, NorthAmOil: Hess to focus on Bakken
but a more precise figure will be provided dur- Hess Corp. will focus more than 80% of a $3.7bn
ing the decision-making process. capital and exploratory budget in 2023 on a four-
rig drilling programme in the Bakken shale, and
EurOil: Europe’s gas withdrawals also on development in Guyana.
European gas consumers sharply increased gas Net production in the Bakken, in North
withdrawals from storage facilities at the end of Dakota, is forecast to average 165,000-170,000
January, more than tripling them versus the level barrels of oil equivalent per day, said the New
in the first half of the month, according to data York-based exploration and production
published by Gas Infrastructure Europe (GIE). company.™

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P18 www. NEWSBASE .com Week 05 01•February•2023