Page 16 - FSUOGM Week 40 2021

FSUOGM NEWSBASE ROUNDUP GLOBAL (NRG) FSUOGM

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global The regulator will now pick a supplier of last
(NRG), in which the reader is invited to join resort to ensure their energy needs continue
our team of international editors, who provide a to be met.
snapshot of some of the key issues affecting their
regional beats. We hope you will like NRG's new GLNG: QP Strengthens Asian Ties With Pair
concise format, but by clicking on the headline Of Chinese Deals
link for each section the full text will be available State-owned Qatar Petroleum (QP) has signed
as before. a pair of deals with Chinese companies in the
last two weeks that highlight the role of Asian
AfrOil: EACOP Reportedly Close To Signing players in Doha’s expansion plans.
Pipe Supply Deals Last week, QP signed a 15-year sale and
The consortium set up to build and operate purchase agreement (SPA) to supply 3.5mn
the East Africa Crude Oil Pipeline (EACOP) is tonnes per year (tpy) of LNG to a subsidiary of
reportedly close to finalising arrangements with China National Offshore Oil Corp. (CNOOC).
future suppliers of steel pipe. The deal was signed with CNOOC Gas and
According to Martin Tiffen, the general Power Trading & Marketing for delivery of
manager of the consortium, TotalEnergies cargoes beginning in January 2022.
(France) and the other investors in EACOP are
still waiting to sign the main supply agreements LatAmOil: Colombia’s Hydrogen Ambitions
for the pipeline, which will carry crude from Colombia’s government has finalised and
western Uganda to Tanzania’s Indian Ocean published a long-term plan for the estab-
coast. Tiffen said, though, that the group had lishment of a domestic hydrogen industry.
“identified four key contractors who are work- The plan, known as the Hydrogen Roadmap,
ing under conditional award.” outlines the steps the South American coun-
try will take to promote the production and
AsianOil: India Raises Gas Prices consumption of blue and green hydrogen as
The Indian government has increased nat- an energy source over the next 30 years.
ural gas prices for the majority of the coun-
try’s production by 62% for the next six MEOG: Iraqi Exports And Qatari Deals
months. This week’s MEOG covers the latest updates
The Ministry for Petroleum and Natural on Iraqi efforts to improve its export capabil-
Gas’ Petroleum Planning and Analysis Cell ities and another Chinese deal for QP.
(PPAC) announced on September 30 that The governments of Iraq and Turkey are
rates for New Exploration Licensing Policy working to reopen the 970-km pipeline that
(NELP) and pre-NELP blocks for the six transports Iraqi crude from Kirkuk to export
months from October 1 would climb from facilities in Ceyhan on the Turkish Mediter-
$1.79 per mmBtu ($49.51 per 1,000 cubic ranean coast. Iraqi Oil Minister Ihsan Abdul
metres) to $2.9 per mmBtu ($80.21 per 1,000 Jabbar met with the Turkish ambassador to
cubic metres) Baghdad Ali Riza Guney to discuss plans “to
rehabilitate the strategic pipeline to transfer
DMEA: Iraqi And Nigerian Refining Updates crude oil” from the Gulf to Europe.
This week’s DMEA covers updates on major
refinery work in Iraq and Nigeria. NorthAmOil: Ottawa Invokes 1977 Treaty
The South Korean consortium, led by Amid Line 5 Dispute
Hyundai Engineering & Construction, that The Canadian government invoked Article
is developing Iraq’s Karbala refinery pro- Six of the 1977 Transit Pipelines Treaty on
vided an update on the project which is near- October 4 amid a dispute over Enbridge’s See the archive and
ing completion. Line 5 pipeline with the State of Michigan. sign up to receive
The move kicks off a dispute resolution *NRG Editor’s Picks*
EurOil: More UK Energy Suppliers Go Un- process contained in the treaty, paving the for free by email each
der way for direct talks with the administra- week here
Three more UK energy suppliers have ceased tion of US President Joe Biden over the
trading, Ofgem announced on September 30, pipeline. This comes after Michigan Gov-
as the crisis on the country’s gas and power ernor Gretchen Whitmer has made sev-
markets deepens. eral attempts to shut down Line 5, which
The companies, Enstroga, Igloo Energy carries 540,000 barrels per day (bpd) of oil
and Symbio Energy, have 6,000, 179,000 and from Alberta to refineries in Ontario via
48,000 customers respectively, Ofgem said. Michigan.

P16 www. NEWSBASE .com Week 40 06•October•2021