Page 17 - GLNG Week 07 2023
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GLNG                          NEWSBASE ROUNDUP GLOBAL (NRG)                                           GLNG


       NewsBase Roundup Global (NRG)






        NRG              Welcome to NewsBase’s Oil & Gas Roundup  FSUOGM: Azerbaijan Targets Further
                         Global (NRG), in which the reader is invited  Growth In Gas Exports In 2023
                         to join our team of international editors, who  China’s largest offshore oil and gas producer
                         provide a snapshot of some of the key issues  Azerbaijan will boost natural gas exports
                         affecting their regional beats. We hope you will  to 24.5bn cubic metres in 2023, from 22.6
                         like NRG's new concise format, but by clicking  bcm last year, Azeri President Ilham Aliyev
                         on the headline link for each section the full text  announced at a ministerial meeting of the
                         will be available as before.        Southern Gas Corridor Advisory Council on
                                                             February 3.

                         AfrOil: NGOs File Complaint Against US In-  GLNG: China’s LNG Imports Forecast To
                         surer Over Role In EACOP Project    Rebound After Plunging 20% In 2022
                         A group of non-governmental organisations   China’s liquefied natural gas (LNG) imports
                         (NGOs) has alleged that New York-based   are projected to recover in 2023 to between
                         Marsh, a member of the Marsh McLennan   70mn and 72mn tonnes, marking a 9% to
                         Group, is violating international guidelines   14% rise from 2022, analysts at Rystad Energy,
                         for responsible business conduct by   Wood Mackenzie and ICIS told Reuters.
                         brokering insurance underwriting services   In 2022, LNG imports to China fell 20%
                         for the East Africa Crude Oil Pipeline   year on year to 64.4mn tonnes as strict Covid
                         (EACOP) project.                    lockdowns combined with increased use of
                           The group, which pairs Inclusive   natural gas from domestic production and
                         Development International (IDI) of the US   pipeline sources dinted the country’s appetite.
                         with 10 Ugandan and Tanzanian NGOs
                         focused on environmental and human   LatAmOil: Perupetro To Negotiate New Ex-
                         rights issues, has filed a complaint against   ploration Deals Directly With Investors
                         Marsh with the National Contact Point   Peru’s national oil and gas concessionaire Peru-
                         (NCP), a division of the US Department of   petro revealed on February 2 that it had opened
                         State.                              up 31 new exploration licences for investment
                                                             and was prepared to negotiate directly with pro-
                         AsianOil: Russia, China Sign Intergovt Deal  spective partners.
                         On Far Eastern Gas Supplies            Fernando Ruiz Lecaros, a member of
                         Russia and China have signed an     Perupetro’s board of directors, told investors
                         intergovernmental agreement on pipeline gas   in Houston that the new licence areas were
                         deliveries via the Far East, the Russian energy   located within the Madre de Dios, Maranon,
                         ministry has reported in a document last   Salaverry, Tumbes and Uyucali basins.
                         week, moving the two sides to a new stage in
                         negotiations on the supply route.   MEOG: Kish Gas Development Deal Signed
                           The agreement, signed by the two   Two state-owned Iranian firms signed a $900mn
                         governments on January 31, sets out the key   deal last week for the development of the
                         parameters for a 10 bn cubic metre per year   country’s second-largest gas field in the Persian
                         gas supply contract that they clinched in   Gulf.
                         February 2022.                         A signing ceremony was held in Tehran
                                                             over the weekend between the Iranian
                         DMEA: Militia Threatens Iraqi Pipeline  Offshore Engineering and Construction Co.
                         An Iraqi militant group with links to Iran this   (IOEC) and Pars Oil and Gas Co.
                         week made vague threats to halt any effort to
                         establish a pipeline route linking Basra with   NorthAmOil: Equinor Receives Licence For
                         the Red Sea.                        Discovery Off Newfoundland
                           Various versions of plans to build a   The Canada-Newfoundland and Labrador
                         1,600-km conduit to carry crude oil from   Offshore Petroleum Board (C-NLOPB) has
                         Iraq’s oil-rich Basra Governorate to the Red   issued a license to Equinor for the Cappahayden
                         Sea port of Aqaba have been on the drawing   K-67 discovery in the province's waters. The   See the archive and
                         board since 1982, with political, technical   board estimates that it holds about 385mn barrels   sign up to receive
                         and commercial concerns converging to   of recoverable oil. It is C-NLOPB’s first such   *NRG Editor’s Picks*
                         derail progress.                    licence in two years.                 for free by email each
                                                                                                   week here









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