Page 18 - AfrOil Week 46 2022

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global maintenance checks at the FSRU’s systems and
(NRG), in which the reader is invited to join our equipment, as well as at its offshore receiving
team of international editors, as they provide a terminal.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG’s new GLNG: Tanzania expects to sign several
concise format, but by clicking on the headline agreements on LNG project in December
link for each section the full text will be available Tanzanian Energy Minister January Makamba
as before. reiterated that his country’s government was
optimistic about its chances of signing a package
AsianOil: Pakistan set for gas, power of agreements in December with Shell (UK) and
rationing amid LNG crunch Equinor (Norway), the foreign shareholders in
Pakistan is having to ration natural gas sup- the Tanzania LNG consortium. “It’s happening,”
plies this winter for households, businesses Makamba told Bloomberg in an interview on
and industry amid worsening energy shortages the sidelines of the COP27 international climate
and a foreign currency exchange crisis and may summit in Sharm El Sheikh, Egypt.
have to implement rolling blackouts to conserve
electricity. LatAmOil: Guyana starts first competitive
offshore licensing round
DMEA: KIPIC starts first phase of al-Zour Guyana has launched its first-ever competitive
refinery oil and gas licensing round and is now accepting
Kuwait Integrated Petroleum Industries Co. bids for 14 offshore blocks, the country’s Min-
(KIPIC), a subsidiary of Kuwait Petroleum Corp. istry of Natural Resources said, noting that the
(KPC), has officially launched the first phase of government had completed the process of iden-
the al-Zour refinery, a newbuild plant with a tifying the blocks that were to be included in the
throughput capacity of 615,000 barrels per day. bidding contest.
According to KIPIC, the plant began to produce
and sell low-sulphur fuel oil (LSFO) for delivery MEOG: Kuwait pledges to reach net zero
to local thermal power plants last month. Kuwait committed at the COP27 summit in
Egypt to reaching net zero emissions from oil
EurOil: Power cut to Druzhba oil pipeline and gas by 2050, and a decade later for the rest of
shuts down supplies to Hungary its economy. The announcement comes a week
Power to the Druzhba (Friendship) pipeline, after regional hegemon Saudi Arabia reaffirmed
which delivers Russian crude to Europe, has its own similar target.
been cut after a transformer in Ukraine, near
the border with Belarus, was hit by a rocket on NorthAmOil: Biden unlikely to change
November 15. Russian forces were carrying out course even with Republican-led congress
massive air strikes on Ukraine, mainly targeting US President Joe Biden and his administration
transmission stations. are unlikely to change course if there is a divided
government following the midterm elections on
FSU OGM: Gazprom finishes tests at November 8, says a leading oil lobbyist. “I do not
Kaliningrad FSRU see the administration changing their policies –
Gazprom has completed tests at its 174,000- they did not change them when [gasoline] prices
cubic metre Marshal Vasilevsky floating stor- were most high,” said Frank Macchiarola, senior
age and regasification unit (FSRU) off the coast vice president of policy, economics and regula-
of Russia’s Kaliningrad exclave. In a statement, tory affairs at the American Petroleum Institute
the company said it had completed scheduled (API). ™

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P18 www. NEWSBASE .com Week 46 17•November•2022