Page 16 - MEOG Week 36 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global EurOil: Poland expands US LNG supplies
(NRG), in which the reader is invited to join Polish gas firm PGNiG has finalised a deal to buy
our team of international editors, who provide a an extra 2mn tonnes per year (tpy) of LNG from
snapshot of some of the key issues affecting their US developer Venture Global, the companies
regional beats. announced on September 2.
We hope you enjoy NRG’s new concise for- The deal covers supplies for 20 years, and
mat, but by clicking on the headline link for each raises PGNiG’s total purchases to 5.5mn tpy, or
section the full text will be available as before. 7.4bn cubic metres of regasified volumes.
AfrOil: LLCOP’s ESG challenges FSUOGM: Gazprom rides the price surge
Josphat Nanok, the governor of Kenya’s Turkana Russia’s national gas champion Gazprom is on
county, and James Lomenen Ekomwa, a mem- track to pay out record dividends this year, after
ber of Kenya’s Parliament representing Turkana riding the surge in European gas prices during
South, have criticised the government’s approach recent months.
to acquiring land for the Lokichar-Lamu Crude But despite its financial numbers, Gazprom
Oil Pipeline (LLCOP) project. faces risks ahead, with the fate of its Nord Stream
Nanok recently alleged that Kenya’s National 2 pipeline still hanging in the balance, while its
Land Commission (NLC) had begun acquiring rival Rosneft takes advantage of the company’s
land on behalf of the State Department of Petro- troubles to push for access to the European gas
leum and Mining in violation of the country’s market.
constitution and existing body of law.
GLNG: Indians in talks for Arctic LNG 2
AsianOil: SVDN platform installed Two Indian companies, Petronet LNG and
Indonesia’s state-owned Pertamina has secured ONGC Videsh Ltd (OVL), are reportedly in dis-
regulatory approval for its plan of development cussions about buying a stake in Russia’s Arc-
for the Gajah Besar natural gas and condensate tic LNG 2 project, which is being developed by
field onshore South Sumatra. Novatek.
SKK Migas planning deputy Benny Lubian- The talks are centred on a 9.9% stake in the
tara said in an August 29 statement that Pertam- liquefaction project, Bloomberg reported this
ina EP intended to invest $15.5mn in drilling week, citing a member of the Indian delegation
three development wells, reworking another to Moscow who is involved in the negotiations
well and constructing pipeline from producing but spoke on condition of anonymity.
wells to the Paku Gajah compression system.
LatAmOil: Chilean H2 progress
DMEA: More Clean Fuels progress The backers of a green hydrogen project in Chile
This week’s DMEA covers the commissioning of are said to have already arranged to sell more
more refining units in Kuwait and contracts for than half of their initial production.
Angola’s new import terminal. According to Argus Media, GNL Quintero,
State-owned Kuwait National Petroleum the operator of Chile’s Quintero LNG terminal,
Corp. (KNPC) this week announced that it had and its Spanish partners Enagas and Acciona
launched three more units at its 454,000 barrel Energía have signed preliminary off-take agree-
per day (bpd) Mina Abdullah refinery as it nears ments with several customers.
the full launch of its giant Clean Fuels Project
(CFP). NorthAmOil: Chevron considers Eagle Ford
Elsewhere, Angola’s national oil company Super-major Chevron is seeking a sale of its
(NOC) Sonangol reported last week that it had assets in the Eagle Ford shale play in Texas as
finalised several contracts related to the planned part of efforts to regularly review its portfolio.
construction of a petroleum product import ter- The news was reported by Reuters, which
minal at Barro do Dande, about 60 km north of cited sources familiar with the matter, as well as
the capital Luanda. a marketing document it had seen.™

See the archive and sign up to
receive *NRG Editor’s Picks* for
free by email each week here

P16 www. NEWSBASE .com Week 36 08•September•2021