Page 14 - GLNG Week 40 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global FSUOGM: Enel wraps up Russian sale to
(NRG), in which the reader is invited to join Lukoil, local fund
our team of international editors, who provide a President Vladimir Putin has given Italian
snapshot of some of the key issues affecting their energy utility Enel the green light to sell a major-
regional beats. We hope you will like NRG’s new ity share in its Russian unit to oil major Lukoil
concise format, but by clicking on the headline link and investment fund Gazprombank-Frezia,
for each section the full text will be available as according to a presidential decree issued on
before. September 30. The deal’s completion has been
complicated by a previous decree issued in
August, which prohibits foreign firms from clos-
AfrOil: Gasoline subsidies called main driver of ing the sale of their assets without Putin’s direct
Nigerian public debt approval.
Patience Oniha, the director-general of Nige-
ria’s Debt Management Office (DMO), said on GLNG: RWE signs documents with AD-
September 27 that domestic gasoline subsidies NOC on LNG supplies
were the primary cause of the ongoing rise in Germany’s RWE revealed on September 25 that it
public debt. Speaking during a presentation on had signed documents with Abu Dhabi National
budgeting and fiscal transparency at the Army Oil Co. (ADNOC) of the UAE on LNG sup-
Resource Centre in Abuja, Oniha explained that plies. In a statement, RWE explained that one of
Nigeria’s public debts were being driven upward the documents was an agreement under which
by budget deficits. ADNOC would make its first commercial deliv-
ery of LNG to Germany.
AsianOil: PNG offers Japan priority access
to new gas fields, LNG projects LatAmOil: Ecopetrol head says less Colom-
Papua New Guinea is offering Japanese com- bian oil is going to Asia
panies priority access to invest in new gas fields Colombia’s national oil company Ecopetrol is
and LNG projects as part of ongoing trade talks sending a smaller share of its oil exports to Asia
between the two countries focused on energy this year, as competition for Asian market share
security, PNG Prime Minister James Marape has ramped up in recent months, according to
has said on September 27, according to Reuters. Felipe Bayon, the firm’s CEO. Bayon told Reuters
According to Marape, Kishida stressed Japan’s that Asia had absorbed about 60% of Ecopetrol’s
need for increased security and was eager to exports in 2021.
expand trade between the two countries.

MEOG: First deal signed for Qatar’s North
DMEA: Oil begins flowing to Iraq’s Karbala Field South
refinery France’s TotalEnergies was this week named as
Iraq’s Oil Ministry announced on September 25 state-owned QatarEnergy’s first international
that the Karbala refinery had begun receiving partner for the upcoming southern expansion
feedstock in preparation for trial production. project at its key North Field gas asset. North
Oil is now flowing to the 140,000 barrel per day Field South (NFS) will comprise two LNG trains
plant through a pipeline that originates in south- with a combined capacity of 16mn tonnes per
ern Iraq, in fields near Basra, the ministry noted year, taking the tiny peninsular nation’s overall
in a statement. export capacity to 126mn tpy by 2027.

EurOil: Norway to patrol seas near oil, gas
assets NorthAmOil: TotalEnergies unveils plan to spin
Norway plans to co-ordinate patrols of seas around off oil sands operations
its oil and gas platforms with the UK, Germany and France’s TotalEnergies has unveiled plans to
France, following suspected sabotage at the Nord spin off its oil sands operations in Canada into
Stream 1 and 2 pipelines last week, the country’s a new company, as those assets do not align with
prime minister said on September 30. Nord Stream its energy transition goals. The spin-off would
1 and 2, which run from Russia to north Germany, include TotalEnergies’ 24.58% stake in Suncor
sustained four leaks on September 26, with Moscow Energy’s Fort Hills oil sands mining project in
and various European governments concluding northern Alberta, its 50% stake in ConocoPhil-
that sabotage was likely the cause. lips’ Surmont thermal project and midstream and
trading-related activities.

P14 www. NEWSBASE .com Week 40 07•October•2022