Page 15 - DMEA Week 16 2022

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global introduced them more.
(NRG), in which the reader is invited to join The EU declared earlier this month that it
our team of international editors, who provide a would ban Russian coal imports, and the Euro-
snapshot of some of the key issues affecting their pean Commission has signalled it will impose
regional beats. restrictions on oil supplies as well in its upcom-
We hope you enjoy NRG’s new concise for- ing sanctions package.
mat, but by clicking on the headline link for each
section the full text will be available as before. GLNG: Japan to support LNG investment
Japan aims to increase its LNG important capac-
AfrOil: NNPC to launch AKK pipe next year ity and investment by Japanese companies in
Mele Kyari, the group managing director of upstream production projects worldwide.
Nigerian National Petroleum Co. (NNPC), Japanese Minister of Economy, Trade and
expects the Ajaokuta-Kaduna-Kano (AKK) nat- Industry Koichi Hagiuda said that the govern-
ural gas pipeline to begin operating in the first ment was concentrating on reducing its depend-
quarter of 2023. ency on imports of Russian LNG.
According to a statement issued by his lead-
ing spokesman Garba Muhammad, Kyari told LatAmOil: Brazil bid round receives interest
NNPC board members last week that upstream Brazil’s National Agency of Petroleum, Natural
producers were on track to make sufficient vol- Gas and Biofuels (ANP) reported last week that
umes of gas available for AKK on time. the most recent bidding round, the Third Cycle
of the Open Acreage in the Concession Model,
AsianOil: Petronet to moot more India LNG had attracted more attention than anticipated.
India’s Petronet LNG may consider building a According to Rodolfo Saboia, the agency’s
fourth LNG import terminal in India in order to director-general, shows of interest from inves-
meet rising demand. tors outweighed all expectations.
Petronet’s CEO, A K Singh, told the Press
Trust of India last week that the company MEOG: ADES continues fleet expansion
expects Indian gas demand to continue growing. This week’s MEOG covers the expansion of a
Saudi driller and progress on Iraqi gas licensing.
EurOil: Ireland to reconsider LNG stance Indian drilling company Aban Offshore this
Ireland has followed other European nations week announced that it has agreed a deal to sell
in announcing a new strategy to bolster energy four jack-up rigs to Saudi Arabia’s ADES Group
security in response to Russia’s war in Ukraine as the companies plot opposing courses.
and soaring energy prices globally. Meanwhile, the Iraqi government is seen
But while the government said in the strat- making a decision on the finalisation of a con-
egy it might reconsider its opposition to building tract for the Akkas gas field in the western Al
LNG import terminals, there were no hints that Anbar Governorate by early May.
it could reverse its position against domestic gas
exploration. NorthAmOil: US makes onshore lease sales
The administration of US President Joe Biden
FSUOGM: Sanctions and boomerangs announced on April 15 that it was restarting oil
Russian Deputy Prime Minister and former and gas leasing on federal land.
energy minister Alexander Novak has warned The move marks the end of a pause on new
that sanctions against Russia’s energy sector act onshore federal leasing that was imposed in the
like a “boomerang,” hurting the countries that early days of Biden’s presidency.™

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