Page 18 - DMEA Week 30 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global which they declared they would let Nord Stream
(NRG), in which the reader is invited to join 2 go ahead but would punish Russia if it tried to
our team of international editors, who provide a use the pipeline as a weapon.
snapshot of some of the key issues affecting their
regional beats. GLNG: Port Arthur LNG suffer another blow
We hope you enjoy NRG’s new concise for- US-based Sempra Energy announced this week
mat, but by clicking on the headline link for each that it had signed a memorandum of under-
section the full text will be available as before. standing with Poland’s PGNiG for the poten-
tial purchase of around 2mn tonnes per year of
AfrOil: Cameroon to send more gas to FLNG LNG. The preliminary deal potentially spells bad
Perenco (UK/France) and Société Nationale des news for Sempra’s proposed Port Arthur LNG
Hydrocarbures (SNH), the national oil company export project in Texas.
of Cameroon, have arranged to increase the
total volume of natural gas delivered to the Hilli LatAmOil: America’s neighbourhood watch
Episeyo, a floating LNG (FLNG) vessel owned Twenty US senators and representatives,
by Bermuda-registered Golar LNG. including members of both the Democratic
According to Golar LNG, the parties have and Republican parties, have urged President
struck a deal that provides for Perenco and SNH Joe Biden to take a closer look at the Mexican
to deliver enough additional gas to boost the government’s energy policy in light of the chal-
FLNG’s production capacity to 1.4mn tonnes lenges faced by US oil, gas and power companies
per year in 2022. working in Mexico.
In the letter, the legislators voiced serious
AsianOil: India approves two new SPR sites concerns about the measures that the admin-
The Indian government has approved plans to istration of Mexican President Andres Manuel
build two underground crude oil storage facili- Lopez Obrador has taken to insulate state-run
ties that will expand the country’s strategic petro- organisations from competition.
leum reserve (SPR) capacity by 6.5mn tonnes.
The central government allocated INR2.1bn MEOG: Deals and details
($28.18mn) in fiscal year 2020-2021 to acquire MEOG this week looks at the approval by the
the land needed for a 4mn tonne (43.98mn bar- Iraqi Cabinet of a broad energy sector deal that
rel) facility in Odisha State and a 2.5mn tonne finally signals some good news in relation to
(18.3mn barrel) facility in Karnataka State, Min- IOCs for Baghdad, while details have emerged
ister for Petroleum and Natural Gas Rameswar about the remaining capacity increases at Iran’s
Teli told the Lower House on July 26. new oil pipeline.
The deal between Iraq’s Ministry of Oil and
EurOil: Norway enjoys good year TotalEnergies’ deal will see the French company
Activity on the Norwegian Continental Shelf carry out work on projects in oil, gas and renew-
has been high this month, supported by a rally ables. Meanwhile, outgoing Iranian Minister of
in oil and gas prices, the Norwegian Petroleum Petroleum Bijan Zanganeh said last week that
Directorate reported on July 7. the country’s new Goreh-Jask pipeline will reach
Eight discoveries were made during the full design capacity of 1mn barrels per day by
six-month period, with a combined mid-range the end of the current Iranian calendar year in
resource estimate of more than 400mn barrels March 2022.
of oil equivalent.
NorthAmOil: Shell announces Whale FID
FSUOGM: Russia open to Ukraine transit A Royal Dutch Shell subsidiary announced this
Russia is open to continuing natural gas transits week that it had made a final investment deci-
via Ukraine after its current contract with Kyiv sion (FID) on the Whale project in the US Gulf
expires at the end of 2024, Kremlin spokesman of Mexico.
Dmitry Peskov told reporters on July 22. Shell Offshore said Whale would entail 99%
Peskov was responding to a joint statement replication of the hull and 80% replication of the
issued by Germany and the US on July 21, in topsides from the company’s Vito project. ™

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P18 www. NEWSBASE .com Week 30 29•July•2021