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Greece’s Energean announced on September 16 that Energean Israel has signed two new Gas Sales and Purchase Agreements (GSPAs), which, combined, represent quantities of gas of up to 1.4 billion cubic metres per year and increase total firm contracted gas sales from its flagship Karish project to approximately 7 billion cubic metres per year on plateau. According to Energean, which owns 70% of Energean Israel, the new agreements represent contracted revenues of more than $2.5 billion over the life of the contracts, but require no further capital investment beyond Karish North, upon which Energean Israel expects to take Final Investment Decision later this year. “We remain committed to continue bringing competition and security of supply to the Israeli gas market even after we fill the Karish FPSO to its maximum 8 bcm per year capacity. The remainder of the quantities are represented by a second new GSPA that has been signed with an affiliate of the RH Partnership for the supply of gas for other existing power stations, Energean said, adding that gas supply will commence following first gas from Karish, achieving the plateau rate from January 2024. The contract term is for up to 15 years and the GSPA contains provisions regarding floor pricing for the main plateau period and take-or-pay. The GSPA is for a term of up to 20 years and contains provisions regarding floor pricing for the main plateau period and exclusivity. The new contracts we signed today further strengthen our secured revenues stream, which is well-insulated against future commodity price fluctuations, and provide cash flows that will support our strategic goal of paying a sustainable dividend to our shareholders,” he added. Having secured sufficient resources to fill the Floating Production Storage and Offloading vessel (FPSO) for a number of years, Energean’s near-term strategy is to secure the necessary offtake to fill the remaining 1 billion cubic metres per year of spare capacity in the 8 billion cubic metres per year Energean Power FPSO, Energean said, adding that the company is assessing several opportunities in both the Israeli domestic market and key export markets in order to meet this target, alongside reviewing further growth opportunities across the nine exploration blocks that it holds in Israel to further expand its presence in the Eastern Mediterranean. The annual contract quantity (ACQ) reduces after the first seven years following first gas from Karish. The GSPAs have been signed at levels that are aligned with the other large, long-term contracts within Energean’s portfolio and are only subject to buyers’ lenders’ consent
The majority of the quantities are represented by a GSPA to supply gas to the Ramat Hovav Power Plant Partnership, a partnership between the Edeltech Group and Shikun & Binui. “We are delighted to have signed these additional gas sales agreements, which increase firm gas sales to 7 bcm per year on plateau from our flagship Karish gas project, which is on track to deliver first gas in the second half of 2021 and I want to thank Edeltech and Shikun & Binui for their continued trust,” Energean CEO Mathios Rigas said. RH Partnership was the winning bidder in the Israel Electric Corporation (IEC) Ramat Hovav tender process, the second IEC power plant in a series of five to be privatised.
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ENERGEAN style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Greece’s Energean inks additional gas sale contracts from Israel’s Karish field

By New Europe Online/KG

The Energean Power FPSO hull arrival in Singapore in April 2020.

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style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Russia’s Gazprom boosts Chayandinskoye field capacities to fuel Power of Siberia pipe

By New Europe Online/KG

Comprehensive Gas Treatment Unit No. 3 at Chayandinskoye field

GAZPROM/FILE PICTURE

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The future construction site is currently being cleared. Overall, the project’s readiness is at 66%. Gas transmission facilities are being built at the section from Gryazovets to the under-construction Slavyanskaya CS. According to the company, said the issue of the status of Gazprom’s major investment projects will be submitted for consideration by the Gazprom Board of Directors. As part of these activities, the following facilities will be put into operation: the Urengoy – Pur-Pe oil and condensate pipeline, a connecting condensate pipeline, the Urengoyskaya oil pumping station, and a condensate stabilisation unit. Work continues on the construction of the LNG production, storage and shipment complex near the Portovaya CS. Near the settlement of Ust-Luga, the project for the creation of an integrated complex for natural gas processing and liquefaction (the gas processing complex that forms part of the Complex for processing ethane-containing gas near the settlement of Ust-Luga) is in progress. More than half of its linear part – 206 kilometres – has been welded to date. At the fifth and sixth trains, the pouring of foundations is being completed and the assembly of piperacks has started. Moreover, capacity increase will be finished at the operating comprehensive gas treatment unit (CGTU-3), which feeds gas into the Power of Siberia gas pipeline. Gazprom said the company is making further efforts to expand the Sakhalin – Khabarovsk – Vladivostok gas pipeline at the section between Komsomolsk-on-Amur and Khabarovsk. In the current year, for instance, 52 gas wells will be hooked up at the Bovanenkovskoye field. Gas separation equipment is being installed at the third and fourth production trains. The facilities will transport condensate extracted from the Achimov deposits of the Urengoyskoye field. Gazprom is developing the Yamal gas production center. Pre-development of the Kovyktinskoye field in the Irkutsk Region is underway, with production drilling and site clearing for the construction of the first CGTU taking place at the moment, Gazprom said. Preparatory activities are ongoing at the section of the pipeline route from the Kovyktinskoye field to the Chayandinskoye field. Within the Amur Gas Processing Plant construction project, start-up and commissioning continues at the first two production trains. In the Nadym-Pur-Taz region, Gazprom is bringing to a close the integrated project for liquid hydrocarbon transportation. The second workshops at the Chikshinskaya CS (Bovanenkovo – Ukhta 2 gas pipeline) and Novoprivodinskaya and Novoyubileynaya CSs (Ukhta – Torzhok 2 gas pipeline) are being prepared to come onstream. In the east of Russia, the systematic expansion of production capacities continues at the Chayandinskoye field in Yakutia, which is the resource base for the Power of Siberia Russian gas monopoly Gazprom said. At the Kharasaveyskoye field, production wells are being drilled, and a connecting gas pipeline stretching to Bovanenkovskoye is being welded and laid. In 2020, it is planned to bring onstream 103 gas wells, a gas pre-treatment unit (GPTU-2), and a membrane unit for helium concentrate extraction, Gazprom said on September 11. The capacities of the northern gas transmission corridor are undergoing an expansion. Construction and installation works are nearing completion at the Ivan Moskvitin compressor station (CS) on the Power of Siberia gas pipeline, and the facilities of the project’s next stage are already being built.

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Since signing the agreement, the Taliban have kept a promise not to attack US and NATO troops, but they have carried out regular attacks on Afghan security forces. Afghanistan and Taliban peace talk negotiators held their first session on Tuesday in Doha, their spokesmen said. Under the US-Taliban deal signed in February, a prisoner swap of about 5,000 Taliban prisoners and 1,000 detained Afghan security personnel was agreed as a confidence-building measure ahead of formal peace talks aimed at ending the 19-year war. An Afghan presidential palace official said a top priority was getting the Taliban to agree on a ceasefire or significant reduction in violence. Heads of delegations reiterated the need for patience and tolerance as we move forward in this path”, senior Afghan government negotiator Nader Nadery and Taliban spokesman Muhammad Naeem both said in identical statements on Twitter. “The meeting of both negotiating teams with full members took place today at 4:30 p.m.
The United States, Taliban and Afghanistan government delegations officially began the intra-Afghan negotiations on 12 September 2020. EPA-EFE/STRINGER EPA-EFE/STRINGER

Members of the Taliban delegation attend the opening session of the peace talks between the Afghan government and the Taliban in Doha, Qatar, 12 September 2020. style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Afghan peace talk negotiators hold first direct session in Doha

By Elena Pavlovska
Journalist

epa08663247 Members of the Taliban delegation attend the opening session of the peace talks between the Afghan government and the Taliban in Doha, Qatar, 12 September 2020. The United States, Taliban and Afghanistan government delegations officially began the intra-Afghan negotiations on 12 September 2020.

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Last month, his predecessor Shinzo Abe announced that he would step down due to health problems. Japan’s Yoshihide Suga was voted prime minister by parliament on Wednesday to become the country’s first new leader in nearly eight years. He served under Abe as chief cabinet secretary, acting as top government spokesman and coordinating policies. Suga, 71, is Abe’s longtime right-hand man. Abe’s younger brother, Nobuo Kishi, was named defense minister. His priority will be tackling the coronavirus pandemic, as well as reviving the Japanese economy, which has been ravaged by the coronavirus crisis. Among those retaining their jobs in the new cabinet are key players such as finance minister Taro Aso and foreign minister Toshimitsu Motegi. He has pledged to pursue many of Abe’s programmes and to forge ahead with structural reforms.

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Suga succeeded to former prime minister Shinzo Abe. EPA-EFE/JIJI PRESS JAPAN OUT EPA-EFE/JIJI PRESS JAPAN OUT EDITORIAL USE ONLY/ NO ARCHIVES

Yoshihide Suga (C) is applauded by lawmakers and former prime minister Shinzo Abe (far L) after being elected as new Japanese Prime Minister at an extraordinary parliametary session of the parliament in Tokyo, Japan, 16 September 2020. style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Suga elected Japan’s new prime minister

By Elena Pavlovska
Journalist

epa08672162 Yoshihide Suga (C) is applauded by lawmakers and former prime minister Shinzo Abe (far L) after being elected as new Japanese Prime Minister at an extraordinary parliametary session of the parliament in Tokyo, Japan, 16 September 2020. Suga succeeded to former prime minister Shinzo Abe.
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Navalny is treated at the Charite hospital in Berlin since 22 August 2020 for being poisoned with a nerve agent from the Novichok group. In accompanying text Navalny said he was able to breathe on his own all day. In accompanying text Navalny said he was able to breathe on his own all day. EPA-EFE/ALEXEI NAVALNY HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES According to the announcement of the Charite hospital, Navalny has been successfully removed from mechanical ventilation and is able to leave his bed for short periods of time. Navalny is treated at the Charite hospital in Berlin since 22 August 2020 for being poisoned with a nerve agent from the Novichok group. According to the announcement of the Charite hospital, Navalny has been successfully removed from mechanical ventilation and is able to leave his bed for short periods of time. EPA-EFE/ALEXEI NAVALNY HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES

A undated, recent handout photo made available by Russian opposition leader Alexei Navalny via his Instagram site shows Navalny (2-R) at his Charite hospital bed where he is hospitalized in Berlin, Germany, 15 September 2020. style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Navalny posts picture from Berlin hospital bed, says he ‘generally feels like himself’

By Elena Pavlovska
Journalist

epa08670086 A undated, recent handout photo made available by Russian opposition leader Alexei Navalny via his Instagram site shows Navalny (2-R) at his Charite hospital bed where he is hospitalized in Berlin, Germany, 15 September 2020.

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I miss you all. On Tuesday, Navalny’s spokeswoman Kira Yarmysh said on Twitter that the politician plans to return to Russia: “I’ll confirm again to everyone: no other options were ever considered”, she said. Russia has rejected the claims. On August 20, he fell ill on a flight from Siberia to Moscow, forcing the plane to make an emergency landing in Omsk, where he spent two days in hospital before being evacuated to Germany. “Hi, this is Navalny. Kremlin critic Alexei Navalny shared a photograph from a Berlin hospital, sitting up in bed and surrounded by his family, and said he could now breathe independently after being poisoned last month. Navalny is a fierce critic of Russia’s president Vladimir Putin. I did not use any outside help, not even the simplest valve in my throat”, Navalny wrote in a post on Instagram on Tuesday. Germany says he was poisoned with a Soviet-style Novichok nerve agent in an attempt to murder him. On Monday, Germany said that two independent laboratories – one in Sweden and one in France – confirmed that Navalny was poisoned with Novichok. I can still hardly do anything, but yesterday I could breathe all day by myself. On Monday, Berlin’s Charite hospital that has been treating Navalny said that he has been successfully removed from mechanical ventilation and is now able to briefly leave his bed.

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which includes the Nordic country’s capital, Helsinki, and is Finland’s most prosperous and populated region? has been isolated and cut off from the rest of the country following a unanimous parliamentary vote on 27 March, in a bid to slow down the spread of the pandemic COVID-19 disease caused by the SARS-CoV-2 coronavirus. EPA-EFE/KIMMO BRANDT The southwestern Finnish region of Uusimaa? has been isolated and cut off from the rest of the country following a unanimous parliamentary vote on 27 March, in a bid to slow down the spread of the pandemic COVID-19 disease caused by the SARS-CoV-2 coronavirus. EPA-EFE/KIMMO BRANDT

A police officer checks a passenger's documents on the long-distance train between Helsinki and Lahti, near Helsinki, Finland, 31 March 2020. The southwestern Finnish region of Uusimaa? style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Finland to end entry restrictions for 7 EU countries from Sept 19

By Elena Pavlovska
Journalist

epa08333596 A police officer checks a passenger’s documents on the long-distance train between Helsinki and Lahti, near Helsinki, Finland, 31 March 2020. which includes the Nordic country's capital, Helsinki, and is Finland's most prosperous and populated region?

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Due to the increased number of COVID infections in Italy and Hungary, arrivals from both countries will have to go into quarantine upon arrival in Finland. “From September 19, entry restrictions can be lifted in traffic between Finland and EU and Schengen countries where the incidence of new cases does not exceed 25 new cases per 100,000 persons during the previous 14 days. Until now, the limit value has been 8-10”, the Finnish interior ministry said, adding that the new rules also apply to the United Kingdom. Under the new rules, starting from Saturday, all entry restrictions will be lifted for arrivals to Finland from Iceland, Norway, Poland, Sweden, Germany, Liechtenstein and Cyprus. Finland on Friday started rating countries with low COVID-19 risk with an average of 25 new infections per day in the last 2 weeks, instead of the previous rating of 8 to 10 infections per day.