Page 17 - NorthAmOil Week 07 2023

NorthAmOil NEWSBASE’S ROUNDUP GLOBAL (NRG) NorthAmOil

NewsBase’s Roundup Global (NRG)

GLOBAL WELCOME to NewsBase’s Roundup Global FSUOGM: Azerbaijan targets further
(NRG), in which the reader is invited to join growth in gas exports in 2023
our team of international editors, who provide a Azerbaijan will boost natural gas exports to
snapshot of some of the key issues affecting their 24.5bn cubic metres in 2023, from 22.6 bcm last
regional beats. We hope you will like NRG’s new year, Azeri President Ilham Aliyev announced at
concise format, but by clicking on the headline link a ministerial meeting of the Southern Gas Cor-
for each section the full text will be available as ridor Advisory Council on February 3. Imports
before. also grew in 2022, from 19 bcm in 2021, the
Azeri president said.
AfrOil: NGOs file complaint against US in-
surer over role in EACOP project GLNG: India announces plans to ramp up
A group of non-governmental organisations LNG imports as shift away from coal gains
(NGOs) has alleged that New York-based Marsh, pace
a member of the Marsh McLennan Group, is India will prioritise boosting its liquefied natural
violating international guidelines for respon- gas import capacity, Prime Minister Narendra
sible business conduct by brokering insurance Modi revealed on February 6 at the India Energy
underwriting services for the East Africa Crude Week (IEW) conference in Bengaluru, with New
Oil Pipeline (EACOP) project. The group, which Delhi setting a target of raising the proportion of
pairs Inclusive Development International natural gas in its energy mix to 15% by 2030 from
(IDI) of the US with 10 Ugandan and Tanzanian its current level of 6%. State-owned Petronet
NGOs focused on environmental and human LNG hopes to add 12mn tonnes per year of addi-
rights issues, has filed a complaint against Marsh tional supply through long-term contracts, the
with the National Contact Point (NCP), a divi- company’s managing director, Akshay Kumar
sion of the US Department of State. Singh, said at IEW.

AsianOil: Russia, China sign intergovern- LatAmOil: Perupetro to negotiate new ex-
mental deal on Far Eastern gas supplies ploration deals directly with investors
Russia and China have signed an intergovern- Peru’s national oil and gas concessionaire Peru-
mental agreement on pipeline gas deliveries via petro revealed on February 2 that it had opened
the Far East, the Russian energy ministry has up 31 new exploration licences for investment
reported in a document last week, moving the and was prepared to negotiate directly with
two sides to a new stage in negotiations on the prospective partners. Fernando Ruiz Lecaros, a
supply route. The agreement, signed by the two member of Perupetro’s board of directors, told
governments on January 31, sets out the key investors in Houston that the new licence areas
parameters for a 10bn cubic metre per year gas were located within the Madre de Dios, Mara-
supply contract that they clinched in February non, Salaverry, Tumbes and Uyucali basins.
2022.
MEOG: Kish gas development deal signed
DMEA: Astron refinery set to return Two state-owned Iranian firms signed a $900mn
Glencore-owned company Astron Energy deal last week for the development of the coun-
reported on February 1 that it is set to re-com- try’s second-largest gas field in the Persian Gulf.
mission its 100,000 barrel per day Cape Town A signing ceremony was held in Tehran over
refinery. Astron said regarding the Milnerton the weekend between the Iranian Offshore
plant that “We are in the final steps of a safe Engineering and Construction Co. (IOEC) and
full restart ... and plan to fully recommence the Pars Oil and Gas Co. (POGC), with Oil Min-
production of refined products for supply into ister Javad Owji and Mohsen Khojastehmehr,
the Western Cape and the wider South African CEO of the National Iranian Oil Co. (NIOC), in
regions in the coming weeks.” attendance.

EurOil: Germany’s THE stocks up on gas NorthAmOil: Equinor receives licence for
ahead of next winter discovery off Newfoundland
Trading Hub Europe (THE), the organisation The Canada-Newfoundland and Labrador Off-
that has been tasked with filling Germany’s shore Petroleum Board (C-NLOPB) has issued
underground gas storage facilities, said on Mon- a license to Equinor for the Cappahayden K-67
day, February 6 it had contracted substantial discovery in the province’s waters. The board
storage capacity for next winter to provide the estimates that it holds about 385mn barrels of
country with a sufficient supply buffer. THE recoverable oil.
reported that it had booked 35 TWh of capac-
ity at gas caverns in Wolfersberg, Katharina and See the archive and sign up to receive NRG Editor’s
Rehden, the country’s largest. Picks for free by email each week here.™

Week 07 16•February•2023 www. NEWSBASE .com P17