EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia

HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA Corp. announcing a $10.5bn FID for the GranMorgu development on Block 58; Mexico Pacific and its $15bn FID for the first phase of Saguaro Energía LNG; Moody‘s raising Petrobras‘ outlook to positive; Petrobras saying Uchuva-1/Uchuva-2 gas potential in place is around 6 Tcf; and more.

LATIN AMERICA AND THE CARIBBEAN

Argentina

— Despite Argentina’s massive resources in the Vaca Muerta formation and plans by YPF and Petronas to build a massive 30 mtpa LNG exporting facility, heavily sanctioned Venezuela is the best place in LatAm to build an onshore LNG exporting facility due to its massive non-associated gas reserves offshore, Amos Global Energy CEO and President Ali Moshiri told Energy Analytics Institute this mth.