Page 18 - LatAmOil Week 09 2021
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LatAmOil                       NEWSBASE ROUNDUP GLOBAL (NRG)                                        LatAmOil


       NewsBase Roundup Global (NRG)








        NRG              Welcome to NewsBase’s Roundup Global  existing 10-MW electrolyser to a capacity of
                         (NRG), in which the reader is invited to join  100 MW. Using green hydrogen produced from
                         our team of international editors, who provide a  the electrolyser as well as biomass, the PTL unit
                         snapshot of some of the key issues affecting their  would produce 100,000 tonnes per year (tpy) of
                         regional beats. We hope you will like NRG’s new   synthetic kerosene and naphtha.
                         concise format, but by clicking on the headline
                         link for each section the full text will be available  FSU OGM: Kazakhstan’s big oil find
                         as before.                           Local authorities in Kazakhstan’s oil-rich west-
                                                              ern Mangistau region have reported the discov-
                         AfrOil: Sasol’s gas FID              ery of what could be the region’s biggest oil find
                         South Africa’s Sasol has made a final invest-  since the country’s independence in 1991.
                         ment decision (FID) on the development of   A gush of oil was reported at an exploration
                         an onshore natural gas field in neighbouring  well drilled by a local company called Meridian
                         Mozambique.                          Petroleum, the Mangistau provincial govern-
                           The firm is now able to move forward with  ment said in a statement on February 26. The
                         this $760mn project, which will include overland  field has been named after celebrated Soviet-era
                         gas shipments to South Africa, LPG production  oilman Khalel Uzbekgaliyev.
                         for the local market and the construction of a
                         gas-fired thermal power plant (TPP). .  GLNG: Jordan Cove LNG in doubt
                                                              The future of Pembina Pipeline’s proposed Jor-
                         AsianOil: IOC plans Panipat expansion   dan Cove LNG export terminal in Oregon looks
                         State-run refiner Indian Oil Corp. (IOC) has  increasingly in doubt, with the company taking a
                         unveiled a multi-billion-dollar plan to expand  write-down on its investment in the project.
                         the capacity of its Panipat refinery by 200,000   Pembina now says it can no longer predict
                         barrels per day (bpd).               when the facility may be built and is evaluating
                           The firm said on February 26 that it would  the path forward.
                         invest INR329.46bn ($4.49bn) to raise the facil-
                         ity’s capacity to 500,000 bpd by September 2024.  MEOG: Conduits in the crosshairs
                                                              Pipelines took centre stage in the Middle East
                         DMEA: Dangote to the rescue          this week. A gas pipeline in eastern Syria has
                         The refinery currently being built by Nigeria’s  been attacked amid growing tensions in the
                         Dangote Group has once again been hailed as a  region, and Saudi Arabia is looking to make itself
                         potential saviour for Nigeria.       the centre of a nascent market by offering to pipe
                           This time, the governor of the country’s Cen-  hydrogen to Europe.
                         tral Bank has said that once it comes into pro-  Nobody has taken responsibility for the attack
                         duction the 650,000 barrel per day (bpd) facility  on the al-Jabsa-al-Rayyan pipeline in province of
                         will sell products in naira, saving the govern-  Deir Ezzor, which is home to the bulk of Syria’s
                         ment from spending around 41% of its foreign  oil and gas reserves and producing assets.
                         exchange on petroleum product imports.
                                                              NorthAmOil: Crude-by-rail on the rebound
                         EurOil: European re ining expansion   Canadian crude-by-rail exports are rebounding
                         Royal Dutch Shell is looking to construct the first  after falling almost 40% in 2020, according to the
                         ever commercial bio-power-to-liquid (bio-PTL)  Canada Energy Regulator (CER).
                         unit at its Rheinland refinery in Germany, the   The regulator’s data show that crude-by-rail
                         company said on February 26.         exports averaged 172,013 barrels per day, com-
                           The project will involve expanding an  pared with 280,272 bpd in 2019. ™



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