Page 17 - MEOG Week 09 2023

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global a Turkish LNG terminal under the agreement
(NRG), in which the reader is invited to join signed by Bulgargaz and Turkish gas transmis-
our team of international editors, who provide a sion company BOTAS in January 2023.
snapshot of some of the key issues affecting their
regional beats. By clicking on the headline link for FSUOGM: Caspian oilfields to launch in 2028
each section the full text will be available. The Kalamkas-Khazar Operating joint ven-
ture set up by Russia’s Lukoil and Kazakhstan’s
AfrOil: Namibia drilling nears KazMunayGas (KMG) aims to start develop-
TotalEnergies (France) is preparing to launch ment of the Kalamkas-Khazar oilfields in the
a multi-well deepwater drilling programme Kazakh Caspian Sea in 2028, the Mangystau
offshore Namibia to determine the extent of its Region administration said in a statement last
Venus discovery in the Orange basin. week.
According to a statement from Impact Oil & Under the project, first output on the Kala-
Gas (UK), a non-operating partner in the project, mkas-Khazar deposits is planned for the end of
TotalEnergies will sink up to four wells at Block 2028.
2913B and Block 2912.
GLNG: US to become world’s largest exporter
AsianOil: Canadian LNG uncertainty The US is poised to take over top spot as the
At a recent webinar attended by ambassadors world’s biggest exporter of liquefied natural gas
from both Japan and South Korea in addi- for years to come as three proposed LNG export
tion to a number of high-ranking Canadian terminals inch closer to receiving financial
energy officials, Tokyo’s envoy to Ottawa, Kanji approval.
Yamanouchi, said: “if everything goes well, by With the largest global LNG supply additions
the end of 2024, the first shipment of LNG will out to 2030, the US is on track to easily surpass
be will be sent to Japan.” Australia.

DMEA: Luberef considers 50% dividend LatAmOil: Oil to drive Guyana growth
Saudi Aramco Base Oil Co. (Luberef) recorded Guyana’s Finance Minister Ashni Singh stated
profits of SAR2bn ($530mn) after tax in 2022 on February 16 that his government expects
prompting its board of directors to suggest a 50% national economic growth to average at least
cash dividend or SAR5 ($1.33) per share corre- 25% over the next three to four years.
sponding to the second half of the year. This will make the South American country,
In a statement to accompany its results, which became an oil producer in December 2019,
Luberef said that the net income was achieved one of the world’s fastest-growing economies.
thanks to revenues of SAR10.6bn ($2.8bn), up
from SAR8.8bn ($2.4bn) a year earlier. NorthAmOil: Equinor gets Canada licence
The Canada-Newfoundland and Labrador Off-
EurOil: Bulgaria seeks regasified LNG shore Petroleum Board (C-NLOPB) has issued
Bulgaria’s state gas company Bulgargaz has a licence to Equinor for the Cappahayden K-67
announced a tender for the supply of 500,000 discovery in the province’s waters.
MWh of LNG via a Turkish terminal for deliv- The board estimates that it holds about
ery in April 2023. 385mn barrels of recoverable oil.™
This marks the first cargo to be delivered to

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