Page 13 - AsianOil Week 21 2022

AsianOil NEWS IN BRIEF AsianOil

SOUTHEAST ASIA sustainable and peaceful future. Uzbekistan appeared to have restarted
In our medium-term management plan gas exports to China after halting them at
Delivery of new W-MAX published on May 2022, “K” Line define LNG the beginning of this year to meet domestic
demand. However, there has been no
carriers business as one of the top priority
class LNG carrier for area for driving growth, “K” Line will flexibly announcement from the government of a
resumption of supplies.
and proactively respond to customer needs,
Petronas LNG named including growing needs for environmental in Turkmenistan and passes through
The Central Asia-China pipeline originates
and digital solution to maximise its corporate
“Lagenda Suria” value. Uzbekistan and Kazakhstan.
“K” LINE, May 26, 2022
The newly built W-Max class liquefied natural
gas (LNG) carrier for Petronas LNG Ltd. is
delivered at Hudong-Zhonghua Shipbuilding EAST ASIA OCEANIA
(Group) today.
Two new-building vessels will be delivered Turkmenistan largest Vintage Energy –
to Petronas for the long-term time charter.
The first vessel was given her name “Lagenda supplier of gas to China by Ministerial approval
Suria” and another sister-vessel will be named
“Lagenda Serenity” next month. These vessels pipeline received for PRL 211
will engage in transportation of LNG from
Malaysia (Bintulu) to Shenergy (Group) Co., Turkmenistan was China’s largest supplier acquisition
Ltd., China. of gas by pipeline in January-April, sending
“Lagenda” is a Malay word for “legend” and $2.87bn worth according to Russian energy Vintage Energy announces ministerial
“Suria” is for “Sun”. “Serenity” is a reflection website Neftegaz.ru, which cited statistics approval has been received for the transaction
of “calmness or peacefulness”. “Lagenda” from the Chinese General Administration of announced March 29, 2022, for acquisition
signifies the new iconic industry standard Customs. of Beach Energy’s 15% interest in the Cooper
for the pace of procurement and chartering Kazakhstan and Uzbekistan were China’s Basin licence PRL 211 by Vintage and the
with the first W-Max design. “Suria” and fourth and fifth largest suppliers by pipeline, other interest holders in the licence, Metgasco
“Serenity” signifies the clean energy source respectively. Kazakhstan sent gas valued at and Bridgeport (Cooper Basin).
of which the vessels will dedicatedly supply $270.6mn and Uzbekistan exported $132.8mn The joint venture (JV) parties have
LNG to Shanghai to light up the city and for of gas. acquired their respective share in the 15%
stake in proportion to their existing holding,
resulting in the following equity interests:
Vintage 50% and Operator; Bridgeport 25%;
and Metgasco 25%.
PRL 211 is located close to existing Cooper
Basin producing gas fields and infrastructure
and contains the Odin gas field, discovered
and flow tested in September/October 2021.
Odin is mapped to extend into ATP 2021,
a licence sharing identical participants and
equity interests to PRL 211, and which holds
the Vali gas field.
The ATP 2021 JV expects to commence
supply of gas from Vali to AGL in September/
October 2022 following the completion
of the current well completion, pipeline
and construction programme. The Odin-1
discovery well is to be completed as a gas
producer in the forthcoming well completion
campaign announced in the Vali operational
update on May 25, 2022.
VINTAGE ENERGY, May 27, 2022
APA commences Stage

Two of East Coast gas grid
expansion

Leading Australian energy infrastructure
business, APA Group, today announced it
will commence the second stage of its 25%

Week 21 27•May•2022 www. NEWSBASE .com P13