Producción y mercados energéticos 29/08/19
Latest Energy News | 29 August 2019 |
TOP STORY: The Netherlands will end Groningen gas production before 2030 According to the Dutch Government, production at the Groningen natural gas field, operated by Shell and Exxon Mobil, will stop sooner than previously announced. The Parliament will be informed soon on the exact date. In June 2019, the Government announced that gas production at the Groningen field could decline 20% faster than initially expected for the year starting in October 2019. In 2018, it had pledged to end operations by 2030 and to reduce output as quickly as possible in the coming years, as small though damaging tremors blamed on drilling have aroused critics in the region. Gas extraction from the Groningen gas field was progressively reduced from 53.8 bcm in 2013 to 42.5 bcm in 2014, 33 bcm in 2015, 27 bcm in 2016, 21..6 bcm in 2017 and 20.1 bcm in 2018 (from October 2017 to October 2018). The maximum production from the year through October 2019 was capped at 19.4 bcm but was revised downward to 12..8 bcm (i.e. -3.1 bcm) after a 3.4 magnitude earthquake in Groningen in May 2019. |
Companies TEPCO, Chubu Electric, Hitachi and Toshiba may join force on nuclear power Japanese companies TEPCO, Chubu Electric, Hitachi and Toshiba have agreed to discuss potential collaboration for nuclear energy business for boiling water reactors (BWR). The companies aim to create a sustainable business for safe and economical operation of BWR, as well as the construction and operation of nuclear power plants. …
Read moreEskom could sell its coal-fired power plants through auctions (South Africa) The Ministry of Finance of South Africa is considering selling some of the coal-fired power plants operated by the state-owned power utility Eskom, possibly through an auction process. The sale of coal-fired power plants, related power plant-specific obligations and associated power purchase agreements (PPAs) could raise up to ZAR 450bn (US$30bn), assuming cost-reflective tariffs.
Read moreBP sells its oil and gas operations in Alaska (US) to Hilcorp for US$5.6bn BP has agreed to sell its entire oil and gas business in Alaska (United States) to Hilcorp for a total consideration of US$5.6bn.
Read morePolicy & Regulatory Mexico signs agreement to end dispute with gas pipeline operators The government of Mexico has reached an agreement with gas pipeline operators to reduce the rates of gas transportation by 28% on average over 25 years, saving an estimated US$4.5bn for Mexican taxpayers and avoiding an international dispute.
Read moreSECI extends deadline to bid for 6 GW of solar power projects (India) The state-owned Solar Energy Corporation of India (SECI) has extended the deadline for bids at 6 GW of solar power projects from 26 August to 11 September 2019. Interested developers can submit bids to develop four giant solar projects of 1.5 GW each, along with 0.5 GW of solar equipment manufacturing capacities. Bid prices have been capped at INR 2.75/kWh (US$3.85c/kWh).
Read moreEnergy & Climate Markets Sri Lanka aims to start oil production in 2023 The government of Sri Lanka aims to produce oil and gas within years and plans to to award an offshore block in the Mannar Basin (northwest region) with a potential for more than 1 Gbl of oil in November 2019, with the aim of starting operations in 2020 and production by 2023.
Read moreEni discovers 28 bcm of gas in onshore Niger Delta (Nigeria) Eni’s Nigerian affiliate, Nigeria Agip Oil Corporation (NAOC), has made a significant gas and condensate discovery at the Obiafu-Obrikom fields, located in OML61, onshore Niger Delta, with reserves estimated at around 1,000 bcf (28 bcm) of gas and 60 mbl of associated condensate.
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