Page 19 - AfrOil Week 07 2023

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global announced at a ministerial meeting of the South-
(NRG), in which the reader is invited to join our ern Gas Corridor Advisory Council on February
team of international editors, as they provide a 3. He also stated that imports had grown in 2022,
snapshot of some of the key issues affecting their from 19 bcm in 2021.
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline GLNG: India to ramp up LNG imports
link for each section the full text will be available as shift away from coal gains pace
as before. India will prioritise boosting LNG import capac-
ity, Prime Minister Narendra Modi revealed on
AsianOil: Russia, China sign deal on Far February 6 at the India Energy Week (IEW) con-
Eastern gas supplies ference in Bangalore, with New Delhi setting a
Russia and China have signed an intergovern- target of raising the proportion of natural gas
mental agreement on pipeline gas deliveries via in the country’s energy mix to 15% by 2030, up
the Far East, the Russian energy ministry has from the current level of 6%.
reported in a document, moving the two sides to
a new stage in negotiations on the supply route. LatAmOil: Perupetro to negotiate new
exploration deals directly with investors
DMEA: Astron’s Cape Town refinery set Peru’s national oil and gas concessionaire Peru-
to return to service petro revealed on February 2 that it has opened
Glencore-owned Astron Energy reported on up 31 new exploration licences for investment
February 1 that it was set to re-commission its and is prepared to negotiate directly with pro-
100,000-barrel per day (bpd) Cape Town refin- spective partners. The new licence areas are
ery in South Africa. Regarding the Milnerton located within the Madre de Dios, Maranon,
plant, Astron said: “We are in the final steps of a Salaverry, Tumbes and Uyucali basins.
safe full restart ... and plan to fully recommence
the production of refined products for supply MEOG: Kish gas development deal
into the Western Cape and the wider South Afri- signed in Iran
can regions in the coming weeks.” Two state-owned Iranian firms have signed a
$900mn deal for the development of the coun-
EurOil: Germany’s THE stocks up on try’s second-largest gas field in the Persian
gas ahead of next winter Gulf. A signing ceremony was held in Tehran
Trading Hub Europe (THE), the organisation between the Iranian Offshore Engineering and
tasked with filling Germany’s underground gas Construction Co. (IOEC) and Pars Oil and Gas
storage facilities, said on February 6 that it had Co. (POGC), with Oil Minister Javad Owji and
contracted substantial storage capacity for next Mohsen Khojastehmehr, CEO of the National
winter to provide the country with a sufficient Iranian Oil Co. (NIOC), in attendance.
supply buffer. THE reported that it had booked
35 TWh of capacity at gas caverns in Wolfers- NorthAmOil: Equinor receives licence
berg, Katharina and Rehden, the country’s larg- for discovery offshore Newfoundland
est storage depot. The Canada-Newfoundland and Labrador Off-
shore Petroleum Board (C-NLOPB) has issued
FSU OGM: Azerbaijan targets further a license to Equinor for the Cappahayden K-67
growth in gas exports in 2023 discovery in the province’s waters. The board
Azerbaijan will boost natural gas exports to estimates that it holds about 385mn barrels of
24.5bn cubic metres in 2023, up from 22.6 recoverable oil. It is C-NLOPB’s first such licence
bcm last year, Azeri President Ilham Aliyev in two years. ™

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Week 07 16•February•2023 www. NEWSBASE .com P19