Page 19 - DMEA Week 36 2021

DMEA NEWSBASE ROUNDUP GLOBAL (NRG) DMEA

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global But despite its financial numbers, Gazprom
(NRG), in which the reader is invited to join faces risks ahead, with the fate of its Nord Stream
our team of international editors, who provide a 2 pipeline still hanging in the balance, while its
snapshot of some of the key issues affecting their rival Rosneft takes advantage of the company’s
regional beats. troubles to push for access to the European gas
We hope you enjoy NRG’s new concise for- market.
mat, but by clicking on the headline link for each
section the full text will be available as before. GLNG: Indians in talks for Arctic LNG 2
Two Indian companies, Petronet LNG and
AfrOil: LLCOP’s ESG challenges ONGC Videsh Ltd (OVL), are reportedly in dis-
Josphat Nanok, the governor of Kenya’s Turkana cussions about buying a stake in Russia’s Arc-
county, and James Lomenen Ekomwa, a mem- tic LNG 2 project, which is being developed by
ber of Kenya’s Parliament representing Turkana Novatek.
South, have criticised the government’s approach The talks are centred on a 9.9% stake in the
to acquiring land for the Lokichar-Lamu Crude liquefaction project, Bloomberg reported this
Oil Pipeline (LLCOP) project. week, citing a member of the Indian delegation
Nanok recently alleged that Kenya’s National to Moscow who is involved in the negotiations
Land Commission (NLC) had begun acquiring but spoke on condition of anonymity.
land on behalf of the State Department of Petro-
leum and Mining in violation of the country’s LatAmOil: Chilean H2 progress
constitution and existing body of law. The backers of a green hydrogen project in Chile
are said to have already arranged to sell more
AsianOil: SVDN platform installed than half of their initial production.
Indonesia’s state-owned Pertamina has secured According to Argus Media, GNL Quintero,
regulatory approval for its plan of development the operator of Chile’s Quintero LNG terminal,
for the Gajah Besar natural gas and condensate and its Spanish partners Enagas and Acciona
field onshore South Sumatra. Energía have signed preliminary off-take agree-
SKK Migas planning deputy Benny Lubian- ments with several customers.
tara said in an August 29 statement that Pertam-
ina EP intended to invest $15.5mn in drilling MEOG: ADNOC Drilling to list
three development wells, reworking another This week’s MEOG looks at ADNOC Drilling’s
well and constructing pipeline from producing IPO plan and another attack on Aramco.
wells to the Paku Gajah compression system. The drilling arm of Abu Dhabi National Oil
Co. (ADNOC) announced this week that it
EurOil: Poland expands US LNG supplies intends to list on the local stock exchange, with
Polish gas firm PGNiG has finalised a deal to buy the parent firm to sell a minimum of 7.5% in the
an extra 2mn tonnes per year (tpy) of LNG from company. Meanwhile, Yemen’s Houthi militia
US developer Venture Global, the companies has claimed responsibility for attacks on facili-
announced on September 2. ties belonging to Saudi Aramco as well as Saudi
The deal covers supplies for 20 years, and Arabia’s south-eastern cities of Najraf and Jazan.
raises PGNiG’s total purchases to 5.5mn tpy, or
7.4bn cubic metres of regasified volumes. NorthAmOil: Chevron considers Eagle Ford
Super-major Chevron is seeking a sale of its
FSUOGM: Gazprom rides the price surge assets in the Eagle Ford shale play in Texas as
Russia’s national gas champion Gazprom is on part of efforts to regularly review its portfolio.
track to pay out record dividends this year, after The news was reported by Reuters, which
riding the surge in European gas prices during cited sources familiar with the matter, as well as
recent months. a marketing document it had seen.™

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