Page 16 - MEOG Week 14 2021

MEOG NEWSBASE ROUNDUP GLOBAL (NRG) MEOG

NewsBase Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global signed a preliminary agreement on transferring
(NRG), in which the reader is invited to join a stake in itself to North Macedonian gas dis-
our team of international editors, who provide a tribution operator National Energy Resources
snapshot of some of the key issues affecting their Skopje (NER AD).
regional beats. We hope you will like NRG’s new
concise format, but by clicking on the headline FSU OGM: Contractor switch at Ust-Luga
link for each section the full text will be available Russia’s Gazprom and Rusgazdobycha now
as before. want to hire Germany’s Linde to work on a gas
processing and LNG complex on the Baltic Sea,
AfrOil: Lukoil rethinks Sangomar bid after cancelling a contract last month issued to
Russia’s Lukoil has abandoned its attempt to Russian firm Nipigaz.
join RSSD, the joint venture set up to develop Gazprom reported in late March that it had
the Sangomar block offshore Senegal, through agreed terms with Linde on an engineering, pro-
acquiring Australia’s FAR Ltd. curement and site services (EPSS) contract for
Its decision came to light last week, when FAR the Ust-Luga facilities.
said in a statement that the Russian company
had opted not to submit a binding takeover offer GLNG: LNG trade booms
ahead of a shareholders meeting scheduled for The global LNG trade is booming. Last week it
April 15. was reported that deliveries of the super-chilled
fuel had grown the most in a year in March, as
AsianOil: Australia faces pushback Asia and Europe refilled inventories depleted
The Australian upstream industry is once more over the winter, and more countries bounced
pushing back at aspects of the federal govern- back from the hit their economies took as a result
ment’s plans for a “gas-led recovery”. of the coronavirus (COVID-19) pandemic.
The Australian Petroleum Production and
Exploration Association (APPEA) warned this LatAmOil: Colombia’s fracking progress
week that efforts to turn the Wallumbilla gas hub Colombia has taken another step down the road
in Queensland into a US-style Henry Hub would towards development of its unconventional
“backfire”. hydrocarbon resources, via the government’s
decision to grant provisional approval to the
DMEA: Illegal refinery hit and Iraqi protests Platero investigative project.
Nigeria this week destroyed an illegal refinery in According to Reuters, the South Ameri-
the Niger Delta, while protesters in Iraq blocked can country’s National Hydrocarbons Agency
entry to a downstream unit, causing a fuel short- (ANH) announced its decision last week, saying
age in the south of the country. it expected to sign a contract with ExxonMobil
A strike carried out by Nigeria’s Security and on April 8.
Civil Defence Corps (NSCDC) saw the destruc-
tion of an illegal oil refinery south-west of Warri, NorthAmOil: Another deal for Pioneer
where state-owned NNPC’s 125,000 barrel per Pioneer Natural Resources announced last week
day (bpd) unit remains shut for maintenance. that it had struck a deal to buy DoublePoint
Energy for $6.4bn in cash and stock. The acqui-
EurOil: North Macedonia eyes Greek LNG sition is Pioneer’s fourth major shale deal this
Greek LNG developer Gastrade has tapped year, coming less than three months after the
another investor for its planned import facility company closed its $4.5bn takeover of Parsley
in Alexandroupolis. The company said it had Energy.™

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