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PIPELINES & TRANSPORT
Egypt targets upgrade

of oil and gas pipeline
to become regional

energy hub

Egypt’s national project to upgrade and expand
the natural gas pipeline network has on the
one hand increased the number of households
being supplied with natural gas, especially in
previously underserved Upper Egypt, and on
the other hand contributed to reducing annual
butane gas consumption from 4.2mn tonnes
to 3.6mn tonnes, Petroleum Minister Tarek
El Molla reportedly announced at a news activities by 30% by 2030 – all part of Anglo arrival of this ship, is the fact that it is transport-
conference. American’s wider ambition to halve Scope 3 ing UPP from Mozambique, which means that
The minister highlighted the importance of emissions by 2040. this is the first time Terminal is acquiring UPP
upgrading and developing the nation’s petro- Peter Whitcutt, CEO of Anglo American’s from that part of Africa.
leum pipelines as well as raising their efficiency Marketing business, said: “We are proud to see The British Mentor will leave the Terminal
as one of the important means to transport crude the Ubuntu Harmony begin its voyage trans- area on January 25, 2023, in the morning hours.
oil and petroleum products throughout the porting future-enabling products from our Hrvatska LNG, 23 January 2023
country in support of achieving Egypt’s target to mines to our customers around the world. This
be a regional hub for trading oil and gas. milestone cements our vision to be a leader in
El Molla stressed the importance of contin- low carbon shipping, a natural extension of our INVESTMENT
uing to develop all oil and gas production fields commitment to achieve carbon neutrality across
to maximise output, raise safety and industrial our operations by 2040.” San Leon Energy
security, protect the environment, keep pace Nolitha Fakude, Group Director of Anglo
with technological development and expand American for South Africa, said: “The metals provides update on
digital transformation projects across all petro- and minerals we provide play an important role
leum activities. in helping key industries decarbonise. Trans- Oza oilfield in Nigeria
bna/IntelliNews, 23 January 2023 porting them in a sustainable way is a key part
of this effort and the introduction of the Ubuntu San Leon, the independent oil and gas produc-
Anglo American loads fleet – named after the Zulu word meaning tion, development and exploration company
‘humanity to others’ – helps us accelerate our focused on Nigeria, notes the announcement
first LNG dual-fuelled transition to sustainable ocean freight.” made on January 19, 2023 by Decklar Resources
in Canada.
Anglo American has established a compre-
vessel in chartered fleet hensive framework of initiatives for the decar- San Leon has a 11% shareholding in Deck-
bonisation of its maritime activities, including lar Petroleum Ltd (DPL), the local subsidiary of
Anglo American announces that its newly energy saving devices fitted to existing vessels, Decklar operating in Nigeria, and has also made
launched LNG dual-fuelled Capesize+ vessel, the use of voyage optimisation software, and a a $5.5mn loan to DPL, via 10% per annum unse-
the Ubuntu Harmony, has loaded its first cargo focus on exploring, trialling and adopting alter- cured subordinated loan notes.
of iron ore from its Kumba operations in South native, sustainable fuel options – such as LNG, Further to the announcement made by the
Africa. sustainable biofuel, green methanol and ammo- Company on December 20, 2022, San Leon
The vessel is the first of ten LNG dual-fuelled nia and – further down the line – hydrogen. remains in advanced negotiations with respect
new-build ships that Anglo American will intro- Anglo American, 26 January 2023 to the proposed sale of the Company’s non-core
duce to its chartered fleet during the course of investments in DPL, although the comple-
2023 and 2024, delivering an estimated 35% British Mentor delivers tion of this proposed sale will be subject to the
reduction in CO2 emissions compared to ships purchaser finalising its own arrangements for
fuelled by conventional marine oil fuel. Mozambican LNG to funding.
The use of LNG will also lead to a significant Part of the text of Decklar’s announcement is
reduction of nitrogen oxides and particulate Croatian terminal set out below: Decklar Resources and its co-ven-
matter from vessel exhausts, while new tech- turer Millenium are pleased to provide updates
nology also eliminates the release of unburnt The UPP transport ship British Mentor has regarding oil production and delivery operations
methane. docked today at the UPP Terminal. After all at the Oza oilfield in Nigeria.
The Ubuntu fleet is a key component of Anglo security checks and equipment connections the Decklar and its co-venturer Millenium Oil &
American’s ambition to achieve carbon-neutral- transshipment procedure, of UPP to the FSRU Gas Companyhave received the first payment for
ity for its controlled ocean freight by 2040 – with ship LNG Croatia, will begin. the sale of crude oil from the Oza oilfield since
an interim target to reduce emissions from these What is especially interesting about the recommencement of operations.

P16 www. NEWSBASE .com Week 04 26•January•2023