Page 15 - FSUOGM Week 27 2022

FSUOGM NEWS IN BRIEF FSUOGM

oil production quota under the OPEC+ deal The market regulator ANRE accepted and Kontiki Exploration.
will be 717,000 b/d. a 20% natural price hike as of June 1, The field, located in the Zarafshan
compared to 59% asked by Moldovagaz. depression, in an area between the cities of
Thus, ANRE set an end-user price of Samarkand and Navoi, would require some
Lithuania bans Russian MDL18.6 (€0.91) per cubic metre for of the most advanced oilfield technology in
residential consumers, compared to MDL21
use in Central Asia, the companies said.
gas imports over national asked for by Moldovagaz. Now, Moldovagaz field of bituminous oil were estimated at
The reserves of the Yangi Uzbekistan
asks for a price of MDL23.6 per cubic
security fears metre. around 100mn tonnes. The maximum level
Moldovagaz wants the new prices to be
of bituminous oil production is projected
Lithuania has banned Russian natural gas charged as of July 1. at 1mn tonnes/year tons by 2025. To ensure
imports from entering the country amid In related news, Moldovagaz announced this level of production, there will be 1,500
concerns over national security, the Kyiv that Gazprom will charge a price of $980 wells drilled per year, the companies said,
Independent reported on June 30. per 1,000 cubic metres of gas in July — up adding that investments required for the
Vilnius implemented the amendments to from $880mn in June. field’s development were estimated at $2.5bn
the Law on Natural Gas on June 28, which over the next 12 years.
prohibits countries deemed a national Shokir Faizullaev, SEG’s chief executive,
security threat from accessing Lithuania's UzGTL first in Uzbekistan said: “Discovery of the Yangi Uzbekistan
gas transmission system and its Klaipeda field is a part of Sanoat Energetika Guruhi’s
liquefied natural gas (LNG) terminal. to launch synthetic diesel strategy to increase oil production to
However, this does not apply to Russian gas 1.6 million tons by 2030. To implement
destined for Kaliningrad, which must pass production projects of this scale, we will engage the best
through Lithuanian territory. contractors who can work with bituminous
Lithuania and its Baltic neighbours have Uzbekistan GTL (UzGTL) has announced oil. We have been able to increase
been keen to move away from Russian its initial production of synthetic diesel production from 425 to 500 thousand tons
gas as they view Moscow as an increasing products. It will now move on to a series of per year thus far.
threat. In the Seimas, the Lithuanian planned end-products from the feedstock “The development of the Yangi
parliament, 123 MPs voted for the ban, obtained in its advanced gas-to-liquids Uzbekistan field will secure a significant
while only two abstained. None objected. process. increase in this figure. In this way
Lithuania became the first EU country “The diesel fuel production marks Uzbekistan will be able to reduce imported
to stop Russian gas imports back in April, an historic step in the development of crude oil and produce processed products
in response to Russia’s energy blackmail the nation’s petrochemical industry. The from its own raw materials in the near
of Europe and the full-scale invasion of GTL plant was built on the initiative future.”
Ukraine. of the President of Uzbekistan Shavkat Sergey Astakhov, director of Kontiki
“We are the first EU country among Mirziyoyev and symbolises a further Exploration Company, said: “We have
Gazprom’s supply countries to gain advance in the nation’s reindustrialisation discovered not only the largest field at
independence from Russian gas supplies, and modernisation efforts,” a press release shallow depths, but also a new oil-bearing
and this is the result of a multi-year from the company, located in Qashqadaryo area, where, at a greater depth, we can
coherent energy policy and timely Region, stated. find even more liquid oil. Besides, there
infrastructure decisions,” said Lithuanian Based on pre-existing agreements, the are potentially interesting intermountain
Energy Minister Dainius Kreivys. first 5,000 tonnes of synthetic diesel fuel and foothill depressions in Uzbekistan,
The alternative to Russian gas is will be supplied to Navoi Mining and where it is necessary to search and discover
importing gas from multiple countries Metallurgical Complex (NMMC). hydrocarbons.”
through Klaipeda’s LNG terminal, When fully operational, the plant will Drilling depths in the exploration have
symbolically called “Independence”. supply 3.6bn cubic metres (bcm) of natural ranged from 400 to 750 metres. During
gas and produce 1.5mn tonnes of finished the drilling, layers of gravel and sandstone
liquid products, including 307,000 tonnes of the Albian, Cenomanian and Turonian
Moldovagaz asks for 45% of jet fuel, 724,000 tonnes of diesel fuel, layers were uncovered, all of which were
437,000 tonnes of naphtha, and 53,000
saturated with viscous oil and bitumen, SEG
hike of end-user natural tonnes of liquefied gas. and Kontiki said.
The companies added: “Due to the
The plant will also supply synthetic
gas price naphtha, a key petrochemical feedstock, to high viscosity, the field will become one
of the most high-tech in the Republic of
the Shurtan Gas Chemical Complex, which
The natural gas distribution company in is to be expanded in the near future. Uzbekistan, as well as in the Central Asian
Moldova, Moldovagaz — controlled by The $3.4bn UzGTL complex was officially region. To produce hydrocarbons SEG has
Gazprom — has applied for a 45% hike in opened by Mirziyoyev in December. already engaged a number of international
the end-user natural gas price, claiming that oilfield services companies.”
it has to cover the higher import price and
the financial deviations accumulated during Discovery of super-viscous
the first half of the year.
Consumer price inflation in Moldova oil and bitumen field in
is nearing 30% despite the electricity
prices being kept under control under an Uzbekistan announced
agreement with the separatist Transnistria
region that has refrained so far from The discovery of a field of super-viscous
hiking the prices in line with the price of oil and bitumen in Uzbekistan was on June
the natural gas (that it gets for free from 29 announced by Sanoat Energetika Guruhi
Russia). (formerly known as Jizzakh Petroleum JV)

Week 27 07•July•2022 www. NEWSBASE .com P15