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In related news, two consortia are talking about first half of the year, local media outlet The News
their production of LPG as well as LNG. quoted Topline Securities CEO Muhammad
Angola LNG (ALNG) has released updated Sohail as saying.
production data showing that propane and The executive noted 1.82mn barrels of
butane accounted for more than 15% of its total reserves were added at the Kandiari, Ranjho,
production in the month of August. For its part, Dhok Hussain, Benari and Yasar fields, while
Nigeria LNG (NLNG) is looking to expand LPG Makori East reserves climbed by 2.9mn barrels
production and promote domestic consumption and Shahdadpur increased by 7.57mn barrels.
of this fuel. However, the gains were offset by a 14mn barrel
drop at Makhdumpur Deep field.
If you’d like to read more about the key events shaping Pakistan produced 634bn cubic feet (18bn
Africa’s oil and gas sector then please click here for cubic metres) of gas during the six-month
NewsBase’s AfrOil Monitor. period, but was able to completely replace the
output, Sohail said, pointing to a 332.5 bcf gain The Pakistani
Asia: Pakistan’s upstream dilemma at Shahdadpur, 149 bcf at Miano and 30 bcf at
Pakistani Prime Minister Imran Khan has Buzdar South. The government has set a finan- government’s
thrown his weight behind a new digital manage- cial year 2020-2021 oil production target of
ment system for the upstream sector, amid fall- 31.12mn barrels and a gas production target of focus on
ing crude oil reserves and a rising dependency 1.58 trillion cubic feet.
on natural gas imports. Islamabad’s efforts to boost the domestic technology comes
During a committee meeting covering the oil upstream come as the country gears up to buy as the country’s
and gas sector last week, Khan said the govern- more spot liquefied natural gas (LNG) cargoes.
ment’s exploration management system (EMS) State-owned Pakistan LNG Ltd (PLL) said on oil reserves
would help boost access to domestic oil and gas its website this week that it was seeking up to six
reserves. This, he said on October 2, would help cargoes for December, ahead of the country’s continue to
cut government spending on energy supplies winter demand spike. PLL has set a November decline and gas
while driving down oil and gas prices for the 2 deadline for bids to be submitted, noting that
public. it wanted each cargo to deliver 140,000 cubic reserves flatline
The Pakistani Petroleum Division unveiled metres of the fuel.
the EMS in August, describing it at the time as The deliveries – if they all go ahead – will be
a multi-user geographic information systems the most the country has ever handled in a single
(GIS) database application that would allow the month, an unnamed PLL source told Reuters on
Directorate of Petroleum Concession to access October 5.
real-time upstream data. The system was devel-
oped in collaboration of international oil and gas If you’d like to read more about the key events shap-
technology company LMKR. ing Asia’s oil and gas sector then please click here for
The government department noted that EMS NewsBase’s AsianOil Monitor.
contained a “planned vs actual” wells dashboard
that would allow the government to monitor DMEA: Saudi goes into blue ammonia
company performance against their commit- The Middle East and Africa have largely lagged
ments as well as a daily and weekly field pro- behind in developing clean technologies. Nev-
duction dashboard. The government’s focus on ertheless, Saudi Arabia announced in late Sep-
technology comes as the country’s oil reserves tember that it had made the world’s first trial
continue to decline, while national gas reserves shipment of blue ammonia to Japan. The project
flatline. Pakistan’s net oil reserves had declined is spearheaded by national oil giant Saudi Ara-
by 5% to 540mn barrels by the end of June, local mco and its petrochemicals arm SABIC.
brokerage house Topline Securities reported in The project is spearheaded by national oil
mid-September. giant Saudi Aramco and its petrochemicals arm
Pakistan produced 13.2mn barrels during the SABIC.

P10 www. NEWSBASE .com Week 40 08•October•2020