Page 18 - DMEA Week 35 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global where most Kazakh oil is loaded for world mar-
(NRG), in which the reader is invited to join our kets, due to inspections, two sources familiar
team of international editors, as they provide a with the loadings told Reuters. “CPC suspended
snapshot of some of the key issues affecting their loadings from SPM-2 since August 17 due to
regional beats. We hope you will like NRG’s new inspection and SPM-1 has been offline since
concise format, but by clicking on the headline earlier this month due to the same reason,” one
link for each section the full text will be available of the sources told Reuters.
as before.
GLNG: Mitsubishi will seek to keep stake
AfrOil: South Africa expects TotalEnergies in Sakhalin-2 project
to submit Luiperd development plan Japan’s Mitsubishi will apply to Moscow to keep
Phindile Masangane, the CEO of Petroleum its stake in the Sakhalin-2 oil and gas project but
Agency South Africa (PASA), has said she does still needs Kremlin approval. Russian President
not expect TotalEnergies to let its licence for Vladimir Putin signed a decree on June 30 that
Block 11B/12B, an offshore site that includes the will transfer all rights and obligations of the
Luiperd natural gas and condensate fields, lapse Sakhalin-2 oil and gas project to a new Russian
as a deadline for submitting production plans state-controlled entity, effectively gaining the
approaches. She told Bloomberg she was “very power to nationalise one of the largest energy
confident” that the French major would submit projects in the world.
a production plan by September 6.
LatAmOil: APA announces find at Block
AsianOil: China resells LNG to Europe 53 offshore Suriname
China is selling its surplus LNG cargoes to US-based APA Corp. has made its first discovery
Europe, providing the latter with some relief as of hydrocarbons at Block 53 offshore Suriname
European gas prices soar as a result of the sum- in the Baja-1 exploration well. The company sank
mer heatwaves and cutbacks in Russian gas sup- Baja-1 to a depth of 5,290 metres and encoun-
ply. European LNG imports soared 60% year on tered 34 metres of net pay in the well, all within a
year in the first six months of this year, according single interval in the Campanian horizon.
to Kpler, amounting to 53mn tonnes.
MEOG: Giants Brigades retake Shabwa
EurOil: Germany looks to Canada for fields
energy supplies UAE-backed forces in Yemen retook oilfields in
Germany has identified resource-rich Canada as the southern part of the country following fight-
a potential partner as it phases out its depend- ing with groups aligned with the Iranian-backed
ence on Russian gas and seeks alternative sources Houthi militia. Local media said the al-Amaliqa
of energy supply. On a visit to Canada this week, (Giants) Brigades had seized control of energy
German Chancellor Olaf Scholz said his coun- facilities in Shabwa Province from the Special
try hoped Canadian LNG could help expedite its Security Forces, a paramilitary police group..
shift away from imports of Russian gas.
NorthAmOil: Shell, Energy Transfer sign
FSU OGM: CPC suspends oil loadings Lake Charles LNG offtake agreement
from two mooring points Shell and Energy Transfer have signed a 20-year
The Caspian Pipeline Consortium (CPC) has agreement for 2.1mn tonnes per year (tpy) of
suspended oil loadings from two of the three LNG from the planned Lake Charles LNG pro-
single mooring points (SPMs) at its Black Sea ject in Louisiana. The move is the latest in a series
terminal in the Russian port of Novorossiisk, of binding offtake deals for Energy Transfer. ™

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P18 www. NEWSBASE .com Week 35 01•September•2022