Page 21 - EurOil Week 34 2021

EurOil NEWSBASE ROUNDUP GLOBAL (NRG) EurOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global gas via Nord Stream 2 this year, the Mos-
(NRG), in which the reader is invited to join cow-based Kommersant newspaper reported
our team of international editors, who provide a on August 19, noting that the pipeline should
snapshot of some of the key issues affecting their start up in mid-October.
regional beats. We hope you will like NRG's new
concise format, but by clicking on the headline GLNG: ExxonMobil, PNG Restart P’nyang
link for each section the full text will be available Talks
as before. ExxonMobil has restarted talks with the gov-
ernment of Papua New Guinea (PNG) on
AfrOil: Renergen’s First Industrial Custom- the development of the P’nyang natural gas
er project.
South Africa’s Renergen revealed last week that Talks on the project, which was set to be
it had agreed to supply LNG to Consol Glass, a tied to a $13bn expansion of PNG’s liquefac-
Johannesburg-based supplier of glass packaging tion capacity, stalled in late 2019 after the gov-
materials. ernment pushed for better terms than it had
In a statement, Renergen said it had signed obtained for ExxonMobil’s original PNG LNG
a five-year agreement with Consol Glass. Under development.
that document, the former company will begin
deliveries to the latter in January 2022, shortly LatAmOil: Green Hydrogen Plans For Chilean
after the commissioning of the first phase of its LNG Terminal
Victoria gas project. Two Spanish companies are looking to build a
green hydrogen production facility at Chile’s
AsianOil: Sinopec Completes Qingdao LNG Quintero LNG import terminal. One of the
Terminal Expansion companies is Enagas, which owns a 45.4%
China’s state-run Sinopec has finished the first stake in the terminal’s operator GNL Quin-
stage of expansion work at its Qingdao liquefied tero, and the other is Acciona Energía, a sub-
natural gas (LNG) import facility in Shandong sidiary of Acciona.
Province.
The company said on August 24 that it had MEOG: Ups And Downs In Kurdistan
finished building two 160,000 cubic metre stor- This week’s MEOG looks at the news that
age tanks, expanding the terminal’s handling Erbil is set to receive another cash advance
capacity by 17% from 6mn tonnes per year to while seeking to terminate two gas develop-
7mn tpy. Work on the project began in Novem- ment licences.
ber 2018. Iraq’s federal government this week trans-
ferred more funds to the Kurdistan Regional
DMEA: NNPC Launches Greenfield Subsid- Government (KRG) to pay the salaries of
iary civil servants, but there has been no word
This week’s DMEA covers the launch of an of progress on efforts to reach agreement on
NNPC subsidiary to oversee the establish- budget payments.
ment and operation of new refineries in
Nigeria and Japan’s funding for a major Iraqi NorthAmOil: Growth Amid Uncertainty For
project. The Oil Sands
State-owned NNPC appointed the board Production in Alberta – home to the oil sands
of Nigerian Greenfield Refinery Ltd (NGRL), – reached an all-time record of 3.53mn barrels
with the parent firm’s managing director, Mele per day (bpd) on average in the first half of See the archive and
Kyari, challenging them to bring an end to the 2021. This marked a 5.7% increase on the same sign up to receive
country’s reliance on refined product imports. period of 2020, and a 1.8% increase on the first *NRG Editor’s Picks*
half of 2019. for free by email each
FSUOGM: Gazprom Reveals Nord Stream Some producers are hoping to raise their week here
2 Delivery Plans output further still. Oil sands giant Canadian
Russia’s Gazprom has said it expects to export Natural Resources Ltd (CNRL) said it was
as much as 5.6bn cubic metres of natural increasing its capex owing to an increasingly

Week 34 25•August•2021 www. NEWSBASE .com P21