Page 18 - AfrOil Week 36 2021

AfrOil NEWSBASE ROUNDUP GLOBAL (NRG) AfrOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global Gazprom faces risks ahead, with the fate of its
(NRG), in which the reader is invited to join Nord Stream 2 pipeline still hanging in the bal-
our team of international editors, who provide a ance, while its rival Rosneft takes advantage of
snapshot of some of the key issues affecting their the company’s troubles to push for access to the
regional beats. We hope you will like NRG’s new European gas market.
concise format, but by clicking on the headline
link for each section the full text will be available GLNG: Indian firms eye Arctic LNG 2
as before. Two Indian companies, Petronet LNG and
ONGC Videsh Ltd (OVL), are reportedly in
AsianOil: McDermott installs platform discussions about buying a stake in Russia’s
offshore Vietnam Arctic LNG 2 project, which is being developed
International service provider McDermott has by Novatek. The talks are centred on a 9.9% stake
successfully installed a production platform in the liquefaction project, Bloomberg reported
over the Sao Vang and Dai Nguyet (SVDN) gas this week, citing a member of the Indian delega-
and condensate field in Vietnam’s offshore Nam tion to Moscow who is involved in the negotia-
Con Son Basin. McDermott said on September tions but spoke on condition of anonymity.
2 that as the project’s subcontractor it had trans-
ported and installed the central processing plat- LatAmOil: Chile moving ahead with green
form jacket, wellhead service deck and topside hydrogen project
floatover. The backers of a green hydrogen project in Chile
are said to have already arranged to sell more
DMEA: More progress on Clean Fuels than half of their initial production. According
State-owned Kuwait National Petroleum Corp. to Argus Media, GNL Quintero, the operator of
(KNPC) this week announced that it had Chile’s Quintero LNG terminal, and its Span-
launched three more units at its 454,000 barrel ish partners Enagas and Acciona Energía have
per day (bpd) Mina Abdullah refinery as it nears signed preliminary off-take agreements with
the full launch of its giant Clean Fuels Project several customers.
(CFP). Elsewhere, Angola’s national oil company
(NOC) Sonangol has finalised several contracts MEOG: ADNOC Drilling to list
related to the planned construction of a fuel The drilling arm of Abu Dhabi National Oil Co.
import terminal at Barro do Dande. (ADNOC) announced this week that it intends
to list on the local stock exchange, with the par-
EurOil: Poland expands US LNG supplies ent firm to sell a minimum of 7.5% in the com-
Polish gas firm PGNiG has finalised a deal to pany. Meanwhile, Yemen’s Houthi militia has
buy an extra 2mn tonnes per year (tpy) of LNG claimed responsibility for attacks on facilities
from US developer Venture Global, the compa- belonging to Saudi Aramco as well as Saudi Ara-
nies announced on September 2. The deal covers bia’s south-eastern cities of Najraf and Jazan.
supplies for 20 years, and raises PGNiG’s total
purchases to 5.5mn tpy, or 7.4bn cubic metres of NorthAmOil: Chevron reportedly seeking to
regasified volumes. exit Eagle Ford
Super-major Chevron is seeking a sale of its
FSU OGM: Gazprom rides price surge assets in the Eagle Ford shale play in Texas as
Russia’s national gas champion Gazprom is on part of efforts to regularly review its portfolio.
track to pay out record dividends this year, after The news was reported by Reuters, which cited
riding the surge in European gas prices during sources familiar with the matter, as well as a mar-
recent months. But despite its financial numbers, keting document it had seen. ™

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P18 www. NEWSBASE .com Week 36 08•September•2021