Page 19 - EurOil Week 02 2021
P. 19

EurOil                                      NEWS IN BRIEF                                             EurOil

       Utilisation of TurkStream           a flexible approach to consider amendments   from Norway, was transported to Klaipeda
                                                                                by the vessel named Kairos. Previous
                                           to licence timelines.
       up more than 2-fold in one          operators and licensees on specific licence   deliveries took place in June, August and
                                              As a result, the OGA engaged with many
                                                                                November 2020.
       year says Gazprom                   requests, offering flexibility where possible.   LNG terminals, has entered into a five-year
                                                                                  Klaipėdos Nafta, the operator of oil and
                                           The Authority also deprioritised stewardship
       Russian energy major Gazprom has increased   reviews, only holding such reviews with   strategic partnership agreement with PGNiG
       the utilisation of the TurkStream gas   operators concerning regulatory or   in November 2019.
       pipeline since its commissioning by 2.2-  materially significant matters.    Paweł Majewski, president of the PGNiG
       fold, particularly for European consumers   The OGA stated that it “committed to   management board commented: “For
       at 2.5-fold, according to Aleksei Miller, the   reviewing this approach to ensure continued   PGNiG, the use of the Klaipeda station is
       company’s CEO.                      fitness for the purpose given the dynamic   an opportunity to expand into new markets
         The pipeline transports Russian gas via a   nature of COVID-19’s impact on the oil &   in the small-scale LNG segment. Our
       Black Sea route for consumers in Turkey and   gas industry, and the wider economy”.   cooperation with Lithuanian partners is
       six European states: Bulgaria, Greece, North   In light of the industry developing   excellent. So far, we have already received
       Macedonia, Romania, Serbia, Bosnia and   practices and procedures to manage   four loads there, and loaded over 250 tank
       Herzegovina.                        Covid-19, stabilisation of commodity prices,   trucks with with a total of over 4,000 tons of
         The project to deliver the pipeline was   and resulting stabilisation of operators’   liquefied natural gas”.
       spearheaded by Russia from December   business plans, the OGA undertook a review   Darius Šilenskis, CEO of KN added: “KN-
       2014 when Russian leader Vladimir Putin   of its approach in late 2020. This review was   operated Klaipėda LNG reloading station
       announced the project launch.       concluded at the end of the year.    has reached a new level of utilization since
         The energy ministers of Russia and Turkey   “In the interests of ensuring that vital,   PGNiG became a user. This cooperation
       signed an intergovernmental agreement for   time-critical, activity is maintained in the   contributes to KN‘s goal to create value
       the project in October 2016.        UKCS to safeguard both the energy supply   for the fast growing small-scale regional
         Commercial gas supplies through the gas   we know is needed for the foreseeable   LNG market. There is much of potential
       pipeline started on January 1, 2020. Turkish   future and the thousands of jobs which   in the small-scale LNG activities on both
       President Recep Tayyip Erdogan and Putin   help deliver it, the OGA will now adopt a   national and regional scale, therefore we
       presided over the launch ceremony on   blended approach to licence management   are looking forward to increasing a volume
       January 8, 2019 in Istanbul.        by incorporating what the OGA has learned   of commercial operations in a response to
         TurkStream consists of two        during 2020 with the pre-COVID-19 OGA   market demand”..
       930-kilometre-long offshore lines stretching   business as usual approach”, the Authority
       from Russia to Turkey across the Black Sea,   stated.
       and two separate onshore lines with lengths   OGA said on January 13 that, where   Spirit Energy hires Maersk
       of 142 and 70 kilometres, respectively.  supported with clear evidence, flexibility
         The project has a total annual capacity   might still be available to licence timelines   rig for North Sea well
       of 31.5 bcm. The first line, with a capacity   that were affected by the ongoing Covid-19
       of 15.75 bcm, is designated for supplies to   crisis as the UK has only recently entered a   Offshore drilling contractor Maersk Drilling
       Turkey’s domestic customers, and the second   new lockdown period.       has been awarded a contract from Spirit
       line, with the same capacity, carries Russian   It further stated that it would continue   Energy for the harsh-environment jack-up rig
       gas further afield to Bulgaria and beyond in   to keep its approach to considering   Maersk Resolve to drill one development well
       Europe.                             amendments to licence timelines under   at Grove North East in the UK North Sea.
                                           review and would remind operators and   The contract is expected to start in
                                           licensees to approach the Authority early   March 2021, with an estimated duration of
       OGA to have ‘blended                about any request to amend a licence   131 days.
                                                                                  The firm contract value is
                                           timeline, and in compliance with the
       approach’ for licence               timelines specified in the licence..  approximately $11.3mn, including
                                                                                additional services, mobilisation and

       change requests                                                          demobilisation.
                                                                                  The contract includes an option to add
       The UK Oil and Gas Authority (OGA) has   PGNiG received its fourth       plugging and abandonment of one well.
       decided to take “a blended approach” to   LNG delivery in Klaipeda         Maersk Resolve is a 350ft, Gusto-
       licence management which should dampen                                   engineered MSC CJ50 high-efficiency
       the effects of the global Covid-19 pandemic.  Polish oil and gas company Polskie Gornictwo   jack-up rig which was delivered in 2009.
         The coronavirus pandemic first affected   Naftowe i Gazownictwo came in for a load   The rig completed a campaign offshore
       the UK in early 2020 and is still having a   of approx. 3000 cubic meteres of LNG at the   the Netherlands in October 2020 and
       significant impact. The OGA said in late   Klaipėdos Nafta reloading station.  is currently warm-stacked in Esbjerg,
       March 2020 that it would seek to ease the   PGNiG has been the sole user of the   Denmark.
       pressures on the oil and gas industry by   facility in Klaipėda as of April 2020. Since
       taking a pragmatic approach to compliance   then, more than 4,000 tonnes of LNG have
       where it could.                     been loaded into tank trucks for delivery to
         To ensure fairness and consistency, the   customers.
       OGA signalled at the time that it would take   The fourth LNG shipment, which came









       Week 02   14•January•2021                www. NEWSBASE .com                                             P19
   14   15   16   17   18   19   20