Page 18 - GLNG Week 35 2022

GLNG NEWSBASE’S ROUNDUP GLOBAL (NRG) GLNG

NewsBase’s Roundup Global (NRG)

NRG WELCOME to NewsBase’s Roundup Global Kazakh oil is loaded for world markets,due to
(NRG), in which the reader is invited to join inspections, two sources familiar with the load-
our team of international editors, who provide a ings told Reuters.”CPC suspended loadings from
snapshot of some of the key issues affecting their SPM-2 since August 17 due to inspection and
regional beats. We hope you will like NRG’s new SPM-1 has been offline since earlier this month
concise format, but by clicking on the headline link due to the same reason,” one of the sources told
for each section the full text will be available as the news agency.Loadings were reportedly con-
before. tinuing from CPC’s SPM-3.

AfrOil: South Africa expects TotalEnergies GLNG: Japan’s Mitsubishi applies to keep
to submit Luiperd development plan its stake in Russia’s Sakhalin-2 LNG plant
Phindile Masangane, the CEO of Petroleum Japan’s Mitsubishi has decided to apply to the
Agency South Africa (PASA), has said she does Russian government to keep its stake in the
not expect TotalEnergiesto let its licence for Sakhalin-2 oil and gas project but still needs
Block 11B/12B, an offshore site that includes the Kremlin approval. Russian President Vladimir
Luiperd natural gas and condensate fields, lapse Putin signed a decree on June 30 that will transfer
as a deadline for submitting production plans all rights and obligations of the Sakhalin-2 oil and
approaches. In an interview with Bloomberg, gas project to a new Russian entity, in effect giving
Masangane stated that she was “very confident” the Kremlin the power to nationalise foreigners’
that the French major would finish discussions stakes in what is one of the largest energy projects
with PetroSA, its government-owned partner, in the world, and escalating the ongoing gas wars.
and submit a production plan for Luiperd in
time to prevent its licence for the block from LatAmOil: APA announces find at Block 53
expiring on September 6. offshore Suriname
US-based APA Corp. has made its first discovery
AsianOil: China resells LNG to Europe of hydrocarbons at Block 53 offshore Suriname
China is selling its surplus LNG cargoes to in the Baja-1 exploration well. In a statement, the
Europe, providing the latter with some relief as company said it had drilled in Baja-1 to a depth
European gas prices soar as a result of the sum- of 5,290 metres and encountered 34 metres of
mer heatwaves and cutbacks in Russian gas sup- net pay in the well, all within a single interval in
ply.European LNG imports soared 60% year on the Campanian horizon.
year in the first six months of this year, according
to Kpler, amounting to 53mn tonnes. MEOG: Giants Brigades retake Shabwa
fields
DMEA: TotalEnergies says it will continue UAE-backed forces in Yemen retook control of
building Arzew petchem plant in Algeria oilfields in the south of the country following
TotalEnergies (France) has said it will continue intense fighting with groups aligned with the
working to build a petrochemical plant in Alge- Houthi militia, which is in turn supported by
ria’s Arzewregion, denying a report published Iran. Local media reported that the al-Amaliqa
earlier by African Intelligence. That source had (Giants) Brigades, alongside the Southern Tran-
claimed the French oil group had decided to sitional Council’s Shabwa Defence Forces (SDF),
withdraw from the project. had seized control of energy facilities in Shabwa
Province from the Special Security Forces, a par-
EurOil: Germany looks to Canada for ener- amilitary police group.
gy supplies
Germany has identified resource-rich Canada as NorthAmOil: Shell, Energy Transfer sign
a potential partner as it phases out its dependence Lake Charles LNG offtake agreement
on Russian gas and seeks alternative sources of Shell and Energy Transfer have signed a 20-year
energy supply. On a visit to Canada this week, sales and purchase agreement for 2.1mn tonnes
German Chancellor Olaf Scholz said his coun- per year of LNG produced at the planned Lake
try hoped Canadian LNG could help expedite its Charles LNG project in Louisiana.The move
shift away from imports of Russian gas. represents the latest in a series of binding offtake
agreements signed by Energy Transfer over the
FSUOGM: CPC suspends oil loadings from past few months.
two mooring points
The Caspian Pipeline Consortium (CPC) has See the archive and sign up to receive NRG Editor’s
suspended oil loadings from two of the three Picks for free by email each week here.™
single mooring points (SPMs) at its Black Sea
terminal in Russia’s Novorossijsk, where most

P18 www. NEWSBASE .com Week 35 02•September•2022