Page 17 - LatAmOil Week 36 2021
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LatAmOil                      NEWSBASE ROUNDUP GLOBAL (NRG)                                        LatAmOil


       NewsBase Roundup Global (NRG)








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




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