Page 16 - AsianOil Week 03 2023

AsianOil NEWSBASE ROUNDUP GLOBAL (NRG) AsianOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Oil & Gas Roundup to halt Russian oil imports on January 1, even
Global (NRG), in which the reader is invited though the EU embargo on crude supplies
to join our team of international editors, who from the country, imposed in December, only
provide a snapshot of some of the key issues extends to seaborne deliveries and not those via
affecting their regional beats. We hope you will pipeline.
like NRG's new concise format, but by clicking
on the headline link for each section the full text GLNG: Germany receives its first shipment
will be available as before. of US LNG at newly opened terminal
The first shipment of US liquefied natural
AfrOil: Eni plans second FLNG unit for Ma- gas has arrived in Germany at the Wilhelms-
rine XII haven terminal, according to German energy
Italy’s Eni revealed on December 22 that firm Uniper. The supplier was US company
it has arranged to deploy and install a sec- Venture Global Calcasieu Pass, which sent
ond floating LNG unit at the Marine XII 97.1mn cubic metres of natural gas, enough
block located offshore Republic of Congo. to power around 50,000 German households
The Italian major acquired the first unit – for a year.
the Tango FLNG, which has a production
capacity of 600,000 tonnes per year – for LatAmOil: Chevron prepares to resume Ven-
Marine XII last August. ezuelan oil exports
The US oil company Chevron is reportedly
DMEA: Largest CDU in Middle East preparing to resume shipments of Venezuelan
launched at Abadan refinery crude oil after a hiatus of nearly four years. An
The Middle East’s largest crude distillation unit anonymous source familiar with the matter
(CDU) has gone online at Iran’s Abadan oil informed Reuters in the last week of December
refinery with a capacity of 210,000 barrels per that the US major was sending two tankers to
day, the head of the National Iranian Oil and the South American country.
Engineering Company (NIOEC) has informed
the market. According to NIOEC’s managing MEOG: Zenith to acquire OMV’s Yemeni
director Farhad Ahmadi, the cost of the plant’s assets
new CDU came to around €2.6bn. A Dutch affiliate of Canada-based Zenith
Energy has entered a share purchase agreement
EurOil: Bulgaria mulls taking control of Rus- to acquire Austrian firm OMV’s assets in Yemen
sia-owned oil refinery in a deal worth just over $21.6mn. The assets
Bulgaria could take over the operation of Rus- comprise Block S-2, which contains the 6,000
sia-owned oil refinery Lukoil Neftochim Burgas barrel per day al-Uqlah oilfield, Block 3 ‘Jar-
as lawmakers adopted amendments to the law dan’ and Block 70, which are in the exploratory
regulating economic activities related to oil and phase and have estimated resources of 60mn
oil products in the final reading on January 13. and 70mn barrels respectively.
The amendments were proposed by Democratic
Bulgaria and aim to prevent closure of the coun- NorthAmOil: Marathon closes purchase of
try’s sole oil refinery, which is also the largest in Ensign’s Eagle Ford assets for $3bn
the Balkans. Marathon Oil has closed the acquisition from
Ensign Natural Resources of Eagle Ford shale
FSUOGM: Kazakhstan Seeks To Supply acreage for $3bn in cash. The deal had been
Germany With Oil Via Druzhba announced in early November. The assets – See the archive and
Kazakhstan is seeking to pump oil to Germany in the core of the play – nearly double Mara- sign up to receive
via the Druzhba pipeline system, helping the thon’s Eagle Ford position to 290,000 net acres *NRG Editor’s Picks*
latter replace lost Russian volumes. (117,350 hectares) and are adjacent to Mara- for free by email each
Germany has followed through on a pledge thon’s existing Eagle Ford wells. week here

P16 www. NEWSBASE .com Week 03 20•January•2023