position:oil and gas producer

  • Crimée : pour l’application des sanctions, ça va pas être simple…

    Ukrainian offshore oil and gas producer is under US sanctions
    http://www.kyivpost.com/content/company-news/ukrainian-offshore-oil-and-gas-producer-is-under-us-sanctions-345718.html

    The American Government, pursuant to its Executive Order (E.O.) 13660, imposed sanctions against a company, established by the Crimean Parliament for the purpose of seizure of Ukraine’s oil and gas offshore assets, owned by the subsidiary of Ukrainian National Joint-Stock Company “Naftogaz” - “Chornomornaftogaz” (the “Ukrainian company”).

     The Ukrainian company used to hold licences to a number of oil and gas blocks on the Crimea’s coast. In 2013 its production accounted for 7.9% of Ukraine’s gas and 2.4% of its oil production. It also operated drilling rigs, gas transportation networks and Crimean underground storage facilities. However, on 17 March 2014, the Crimean Parliament nationalised assets of the Ukrainian company and transferred them to a newly established company – the Crimean Republican Enterprise “Chernomorneftegaz” (the “Crimean company”), which has a slightly different (Russian) spelling, but the same legal address as the Ukrainian company.

    En résumé, la Société des Pétroles et Gaz de la Mer Noire (Chornomornaftogaz), société ukrainienne, a vu ses avoirs en Crimée nationalisés et confiés à une Société des Pétroles et Gaz de la Mer Noire (Chernomorneftegaz), société russe (criméenne).

    Et donc, la société criméenne a été mise sur la liste des sociétés sanctionnées…

    According to the information published by the American Office of Foreign Assets Control (OFAC), which administers and enforces economic sanctions against countries and groups of individuals, the Crimean company has been added to their list of the “Specially Designated Nationals” (SDNs).

    … et pour faire bonne mesure, on y a ajouté tout ce qui porte le même nom ou approchant…

    The list also contains the Crimean company’s aliases – “Chornomornaftogaz” and “NJSC Chornomornaftogaz” and its legal address (Kirova/per. Sovnarkomovskaya, 52/1, Simferopol, Crimea 95000, Ukraine). These details coincide with the name and address of the Ukrainian company. As a result, it is quite difficult to distinguish between the two companies and to understand if a particular transaction involving one of the companies is prohibited by the OFAC. If there is any doubt, the OFAC recommends: (i) taking the established “due diligence” steps to determine the company’s identity and (ii) contacting the OFAC, via their hotline.

    Faut juste faire attention avec qui on fait des affaires…

  • US to Become Biggest Oil Producer by 2020

    http://www.globalpolicy.org/social-and-economic-policy/the-environment/environmental-degradation/52054-us-to-become-biggest-oil-producer-by-2020.html?itemid=id#49425

    Al Jazeera
    November 13, 2012

    In its World Energy Outlook, the International Energy Agency has revealed that the US will overtake Saudi Arabia and become the world’s largest oil and gas producer by 2020. An energy-independent US will translate to a different approach to US foreign policy, especially with regards to the Middle East says the report, though the Middle East will continue to have the largest and most low-cost fields. The report predicts an increasing reliance on new kinds of gas production such as the notorious “fracking” of shale gas. The impact of greenhouse emissions caused while extracting Shale gas is expected to be low, however its actual global warming potential is “yet to be determined” but heavy emissions from gas and oil shale production are well-known.

    #états-unis #énergie #gaz-de-schistes