Page 14 - FSUOGM Week 07 2022

FSUOGM NEWS IN BRIEF FSUOGM

XXXV project area. metres, according to Jade. chairman of the shareholders committee
“The drilling is the first step in the of Nord Stream AG, is on the list to
process of upgrading the independently replace Kulibayev, who currently retains
certified 5.96 trillion ft3 gross prospective Tajikistan adds his position as chairman at the state-run
resource to contingent resources,” Talon KAZENERGY firm.
said. “This will be a major milestone in the Turkmenistan to list of Kulibayev has been a member of
potential establishment of a world-class gas Gazprom's board since 2011. Last month,
project adjacent to one of the world’s most major liquefied natural gas he left the post of chairman of Kazakhstan's
important gas markets, in China.” National Chamber of Entrepreneurs,
The project covers 8,400 km2. It is suppliers Atameken.
located around 20 km from the Chinese- Kulibayev appears to be caught up
Mongolian border, close to the northern Tajik Minister of Energy and Water in a shake-up of political and corporate
China gas transmission and distribution Resources Daler Juma has said that positions involving Nazarbayev family
network. Tajikistan is set to add Turkmenistan to members conducted by Kazakhstan’s
The exploration programme is majority- its of major liquefied natural gas (LNG) current regime under Kassym-Zhomart
funded via a farmout agreement between suppliers, AKIpress reported. Tokayev. It started amid the civil unrest
Telmen and Talon. The agreement requires Tajikistan mainly imports LNG from that occurred across the country in early
Talon to spend $4.65mn to earn a 33% Kazakhstan and Russia. Juma reportedly January.
working interest in the production sharing said that the country already received
contract. Telmen will remain the operator 5,000 tonnes of Turkmen LNG in 2021.
under the farmout agreement terms. The two countries recently signed a deal on Putin: Russia can keep gas
Sydney-listed Tamaska Oil and Gas “unlimited” supplies of Turkmen liquefied
signed an agreement in December to gas, the report added. supplies across Ukraine
acquire Telmen. Tajikistan imported 410,000 tonnes of
fuel in total last year, including 360,000 after 2024
tonnes from Kazakhstan. The rest was
Jade Gas starts two rigs imported from Russia. Russia will be ready to transport gas to
Germany across Ukraine after 2024, if

at Mongolian flagship coal Nazarbayev’s son-in-law sees demand and profitability, President
Vladimir Putin said at a press conference
bed methane project after the Russian–German negotiations on
Tuesday,
The second and third wells of Jade Gas's expected to be replaced by "I want to emphasize as well that we
six-well drilling programme in Mongolia former German chancellor are ready to keep gas deliveries across
are now operational, the company has Ukraine even after 2024, when the current
announced. Schroeder on Gazprom gas transit contract across this country
The two rigs that have spudded, Red expires. Naturally, if there is demand of
Lake-3 and Red Lake-4, are part of the board the European partners, if this is profitable,
programme at the coal bed methane and Ukraine’s gas transportation system is
(CBM) gas project in the Tavan Tolgoi Former German chancellor Gerhard technically operable," Putin said.
unconventional oil basin, dubbed the Schroeder, considered a friend of Russian Putin also said that historically Russia
TTCBM Project. The first of the six wells, President Vladimir Putin, is expected to sold gas to Germany under long-term
Red Lake 1, was spudded in November. replace former Kazakh president Nursultan contracts even in the periods of high market
Jade is focusing on CBM in the Nazarbayev's son-in-law Timur Kulibayev prices and deficit. For instance, in 2021,
permit's centre core region, which has an on the board of directors at Russian energy Russia sold 50.7 billion cubic meters.
independently evaluated potential resource giant Gazprom, RFE/RL reported. He also said that the Nord Stream 2 gas
of 1 trillion cubic feet. Gazprom said at the end of last week pipeline is a commercial project, which has
Red Lake-3 is presently digging to a that its annual general shareholders no political meaning.
depth of 457 metres. The drilling process meeting in late June was set to choose the
is expected to take four weeks. Red Lake-4 company board of directors, with a list of
will be cored to a depth of roughly 1,000 candidates already approved. Schroeder, the

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