New base february 03 2022 energy news issue - 1484 by khaled al awadi (autorecovered)

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NewBase Energy News 03 February 2022 No. 1484 Senior Editor Eng. Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
U.A.E Mubadala and Trafigura complete sale of Spanish mining
Mubadala + NewBase
Mubadala Investment Company and global commodity trader Trafigura have completed the sale
of Minas De Aguas Teñidas (Matsa) mining complex in Spain to Australian mining and exploration
company Sandfire Resources after securing the necessary regulatory approvals.
Companies sold their stake to Australian mining and exploration firm Sandfire Resources for
$1.86bn. The sale is a “culmination of significant investment” in the Matsa mining complex and
aligns with Mubadala’s mandate to recycle capital to maximise returns to its shareholder, the Abu
Dhabi company said on Wednesday.
Sandfire acquired Matsa mining for $1.865 billion and gained operational control and economic
ownership of the complex from February 1, the Perth-based company said in a statement on its
website.
“Our concentrated efforts over the past six years have helped to fully realise the potential of this
asset by significantly upgrading its standards of technological innovation, increasing its
productive capacity and greatly improving its sustainability standards,” Danny Dweik, head of
industrials at Mubadala, said.
“The company is now well-positioned to benefit from global decarbonisation initiatives under
Sandfire’s ownership.”

Mubadala acquired a 50 per cent stake in Matsa from Trafigura in 2015 and together they co-
owned the company and its three underground mines in southern Spain. Mubadala's portfolio of
investments spans five continents, with interests in aerospace, information and communications
technology, semiconductors, metals and mining, renewable energy, oil and gas, and
petrochemicals.
The company, which invests on behalf of Abu Dhabi government, has yet to reveal its annual
earnings and expects strong financial results in 2021 as it pursues a strategy of investment in
“sectors with tailwind” from technology to renewable energy, it said.
Spain's Matsa owns and operates two mines in the municipality of Almonaster La Real and one
mine in the province of Huelva, Andalucia. The company’s plant has the capacity to process more
than 4.4 million tonnes of copper and polymetallic ore per year.
Copper prices surged in 2021, hitting a record high of above $10,000 per tonne in February, as
a global shift towards a lower carbon economy increased demand for the metal.
“As part of the sale agreement, Trafigura Group will retain the life of mine concentrate offtake
agreement for 100 per cent of Matsa offtake, building on Sandfire’s already well-established
relationship with Trafigura,” the commodities trader said in a statement on its website.
“Sandfire has a strong operational base and a clear strategy to grow into an international,
diversified and sustainable mining company.”
The deal follows approvals from the relevant Spanish government authorities, including approval
by the Foreign Direct Investment and Competition Authority in late December 2021, Sandfire
said.
The 100 per cent purchase was funded through a combination of existing cash reserves, equity
raised last year and the proceeds of syndicated and corporate debt facilities, it added.
“The landmark transaction immediately transforms Sandfire into one of the largest copper-
focused producers on the ASX [Australian Securities Exchange]," it said.
The complex has an extensive resource base with significant growth potential, according to the
Australian company.
The surrounding exploration package, comprising a 2,450 square kilometre portfolio of mineral
rights in exploration in Spain and neighbouring Portugal, offers “substantial long-term exploration
upside and organic growth potential”, it said.

UAE Enoc partners with TFE to distribute lubricants in Brazil
Trade Arabia + NewBase
Enoc Group, has signed a five-year agreement with Tfe Intermediacao De Negocios Ltda (TFE),
Brazilian petroleum distributor, to distribute a wide range of Enoc lubricants in Brazil. Under the
agreement, TFE will be the exclusive distributor of Enoc lubricants in the country.
Representing 41.3% of the South and Central America market, Brazil has the largest oil
consumption in presenting a significant opportunity for Enoc to develop strategic partnerships to
expand the Group’s footprint and serve customers with its diverse range of high-quality products.
( pictured in frame ) Saif Humaid Al Falasi, Group CEO, Enoc, said: “Our recent partnership with
TFE Intermediacao De Negocios Ltda underscores our commitment to supporting the growth of the
lubricants sector at an international level.
As we continue to strengthen our presence globally, our expansion into Brazil will enable us to offer
customers a diverse portfolio of the highest quality lubricants from Dubai, United Arab Emirates and
opens up a door for expansion within the South American region.”
TFE is a trading company and distributor in the energy sector specialised in the Brazilian market,
operating in the import, export, and distribution of petroleum products.
Enoc Group’s lubricants portfolio is distributed in countries across the globe in the Middle East, Asia,
Europe and Africa, with the latest addition being Brazil in South America.

India wants to become a solar powerhouse without China’s help
The Times of India + NewBase
India is pressing ahead with plans to curb reliance on China, the dominant producer of solar power
equipment, even as it seeks to add huge volumes of renewable energy.
A pair of measures in Tuesday’s budget will help Prime Minister Narendra Modi’s efforts to extend
his government’s made-in-India campaign to the clean power sector, in which about 80% of all solar
hardware is imported from the nation’s northern neighbor.
India, home to 1.3 billion people and poised to overtake China as the most populous country,
has a growing and voracious appetite for energy—but it is also on the frontline of climate
change.
In the next two decades, it has to add a power system the size of Europe's to meet demand
for its swelling population, according to the International Energy Agency (IEA), but it also has
to tackle toxic air quality in its big cities.
"India is one of the most vulnerable countries in the world for climate change and that is why it has
this big push on renewables to decarbonise the power sector, but also reduce air pollution,"
Arunabha Ghosh, climate policy expert from the Council on Energy, Environment and Water, told
AFP.
Grants of 195 billion rupees ($2.6 billion) are being added to spur local equipment production, while
there’ll also be a 40% tax on imports of solar modules and 25% on cells from the next fiscal year.

India, the world’s third biggest emitter of greenhouse gases, plans to more than quadruple its
renewable power generation capacity to 450 gigawatts by 2030, including 280 gigawatts of solar.
That total will continue to rise sharply as the nation seeks to zero out its emissions by 2070.
Empowering lives
Farmer and doctor Amit Singh's three-acre family farmland in Rajasthan's Bhaloji village was
running out of water and hit by frequent power outages.
Home to 1.3 billion, India is poised to overtake China as the most populous country and has a
growing appetite for energy. "I always saw the sun and its rays and wondered... why not harness it
to generate electricity?," he said.
Singh first installed rooftop panels at his small hospital which generated half of its energy needs.
He then invested family savings into a government-linked project on his land. The mini-solar farm
cost 35 million rupees ($450,000) and Singh sells electricity to the grid for 400,000 rupees a month.
"It's the ultimate source of energy, which is otherwise going to waste... I feel I'm contributing to the
developmental needs of my village," he added.Ghosh said it was vital to bring down costs.
"When a farmer is able to generate power from their solar plant near their farm and pump out
water—we are then able to bring the energy transition closer to the people," he added.
Pratibha Pai, the founder-director of Chirag Rural Development Foundation which has brought solar
to more than 100,000 villagers, believes in clean energy's transformative role. She said: "We start
with solar power... we end with safe drinking water, power for dark village roads, power for little rural
schools which will hopefully script the story of a 'big' India."

Russia’s Gas Production Set for Record High in 2022, IEA Says
By, Dina Khrennikova and Olga Tanas
Russia’s natural gas production is forecast by the International Energy Agency to rise to a record
high this year, even as Europe struggles with its worst energy crisis in decades.
The country’s output and exports have been closely scrutinized by traders and European
policymakers as gas prices in the region climbed to unprecedented levels in the winter, contributing
to inflation and a cost-of-living crisis. Gazprom PJSC’s capped deliveries have partly been blamed,
including by the IEA, for the crisis.
Russia is set to pump 763 billion cubic meters of gas this year, the IEA said in its quarterly report
on Monday. That would be the highest annual output in over 30 years, based on governmental
statistics.
Hit the Gas
But higher production doesn’t always mean more exports. Russian gas output last year reached an
annual record of 762.8 billion cubic meters, but Gazprom, the nation’s pipeline-gas export
monopoly, sold just over 185 billion cubic meters to its key overseas markets. That’s only the fourth-
highest yearly exports for the company.
Gazprom has often said its shipments to Europe are fully in line with contract obligation and requests
from clients. But flows were markedly below the seasonal levels in the last quarter of 2021.
With Russia sticking to its strategy of capped deliveries to the continent in the first weeks of this year, market
watchers are divided over whether flows will continue to stay low through the remainder of the heating
season. Analysts at Citigroup see exports flat in the first quarter, but Sinara Financial Corp. forecasts a
rebound from February or March.
Russia’s standoff with Western countries over Ukraine could make Europe’s crunch worse this year,
especially if the Kremlin attacks its neighboring nation. The European Union and the U.K. are considering
sanctioning new Russian gas projects in case of a military attack, and Gazprom’s Nord Stream 2 pipeline
may also be a target. Russia has repeatedly said it has no plans to invade Ukraine

Uganda, Tanzania : TotalEnergies, CNOOC make final decision
on $10 bln Uganda, Tanzania oil project .. Reuters + NewBAse
TotalEnergies (TTEF.PA) and its partner China National Offshore Oil Corporation have reached a
deal with Uganda and Tanzania to invest more than $10 billion in developing crude oil production in
East Africa, the French group said on Tuesday.
"In the name of the joint venture partners and... TotalEnergies, I declare the final investment
decision for the Lake Albert development project," TotalEnergies Chief Executive Patrick Pouyanne
told a ceremony to announce the plan broadcast on television.
The project will cover the development of oil fields, processing facilities and a pipeline network in
Uganda, plus an export pipeline through Tanzania to carry landlocked Uganda's crude to a port on
the Indian Ocean.
Uganda discovered crude oil reserves near its border with the Democratic Republic of Congo in
2006, but production has been repeatedly delayed by disagreements between the government and
oil firms over tax and development strategy, and a lack of infrastructure.
TotalEnergies said on its Twitter account earlier on Tuesday that the announcement signified a
commitment by the oil companies to invest upwards of $10 billion in the project. "This milestone
puts us on the path to first oil in 2025," Minister of Energy and Mineral Development Ruth
Nankabirwa Ssentamu said in a speech ahead of the signing.
Close to 160,000 jobs are expected to be created during the project's development, Ssentamu said.
Government geologists estimate that the country's gross reserves stand at 6 billion barrels, while
recoverable oil is seen at 1.4 billion barrels.

E.U remains top destination for U.S. LNG for 2nd month running
Reuters - By Marcy Deluna
Europe last month remained the top destination for shipments of U.S. liquefied natural gas (LNG),
according to Refinitiv data, outpacing exports to Asia for the second month in a row.
About two-thirds of U.S. LNG volumes went to Europe last month, compared to around 61% in
December when sky-high European prices and demand drove U.S. LNG exports to a record,
Refinitiv data showed.

In both months, a lack of supply drove demand and led to cargoes being re-routed from other
destinations. The crisis over the Ukraine has highlighted Europe's dependency on Russia for much
of its natural gas and spurred buyers to seek supplies elsewhere.
U.S. producers sent extra volumes of liquefied natural gas to Europe
LNG in Europe last month traded about $30 per million British thermal units (mmBtu) amid concerns
that cheaper Russian gas supplies were failing to keep up with demand in a standoff over Ukraine.
This week, the European LNG benchmark traded on the Dutch exchange cooled, falling to $27.59
per mmBtu, below the Japan Korea Marker (JKM) price for Asia spot gas at $29.12 per mmBtu,
according to consultancy Rystad Energy.
ASIAN TANKS FULL
"It sends a signal that (Asia) had full tanks and were not expecting to be big buyers," said Jason
Feer, global head of business intelligence at LNG consultancy and shipbroker Poten & Partners.
Total U.S. LNG exports to all destinations were 7.3 million tonnes per annum (mtpa), up from a
record 7.14 mpta in December, preliminary Refinitiv data showed. The total includes 13 LNG tankers
that have not signaled a destination.

U.S. LNG cargoes head mainly for high-priced Europe
Warmer-than-expected weather in Asia and healthy stockpiles last month helped swing LNG
cargoes to Europe. China's Unipec, the trading arm of state-owned crude oil and natural gas
company Sinopec Corp, had offered to sell up to 45 cargoes of LNG for deliveries this year.
EASING PRICES
Around 13% of U.S. LNG volumes shipped last month went to Asia, down from about 25% in
December, according to preliminary data from Refinitiv. Shipments to Latin America accounted for
about 9% of the month's volume,
the data showed.LNG demand
overall may cool as the northern
hemisphere winter heating
season comes to an end, said
Ross Wyeno, an analyst at S&P
Global Platts. “We might see
prices ease into the spring,"
Wyeno said.
The Ukraine crisis, however,
poses a risk for global gas
markets with a potential cut off
of Russian supplies to Europe.
But the prospect of Russia
cutting off all pipeline gas
supplies to Europe is "a highly
unlikely scenario," Wyeno said.

NewBase February 03-2022 Khaled Al Awadi
NewBase for discussion or further details on the news below you may contact us on +971504822502, Dubai, UAE
Oil prices take a breather, OPEC+ sticks to 400kbd output plans
Reuters +NewBase
Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained
underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases.
Brent crude fell 33 cents, or 0.37%, to $89.14 a barrel by 0849 GMT, after rising 31 cents on
Wednesday. U.S. West Texas Intermediate crude was down 30 cents, or 0.3 %, at $87.96 a barrel,
having gained 6 cents the previous day.
"This morning's dip might be a result of the shockingly low U.S. ADP employment print last night,
but we believe the supply squeeze may drive oil prices higher through this year," said Howie Lee,
economist at OCBC in Singapore.
U.S. private payrolls fell for the first time in a year in January, raising the risk of a sharp decline in
employment that would deal a temporary setback to the labour market. read more
Oil price special
coverage

Still, tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have
boosted oil prices by about 15% so far this year. Over the past week, crude benchmarks hit their
highest prices since October 2014, with U.S. crude rising to as much as $89.72 on Wednesday and
Brent touching $91.70 on Friday.
Prices were also pressured late on Wednesday after Iran's Oil Minister said the country was ready
to return to the oil market as quickly as possible, but offered few details.
"The oil market is not really any closer to seeing additional barrels of crude, but today we are not
seeing any fresh catalysts to send prices to fresh highs," said Edward Moya, senior market analyst
at OANDA.
The Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+,
agreed on Wednesday to stick to moderate rises of 400,000 barrels per day (bpd) in its oil output
with the group already struggling to meet existing targets and despite pressure from top consumers
to raise output more quickly. read more
"OPEC+ will save larger-than-expected production promises for when oil is over $100 a barrel," said
Moya.
The group blamed surging prices on the failure of consuming nations to ensure adequate investment
in fossil fuels as they shift to greener energy, while several OPEC+ sources also said prices had
been pushed up by Russia-U.S. tensions.
The OPEC+ Joint Technical Committee said in a report that it expects the overall surplus in 2022 to
reach 1.3 million bpd, slightly less than its previous forecast of 1.4 million bpd.
West Texas Intermediate edged lower after almost striking $90 a barrel on Wednesday. While the
Organization of Petroleum Exporting Countries and its allies agreed midweek to a further lift in
output, traders are increasingly doubtful that all its members will be able to meet their quotas in full.
Crude has made a powerful start to 2022 and banks including Goldman Sachs Group Inc. say that
the world’s most important commodity is on track to hit $100 a barrel. The rally has been
underpinned by a revival in demand from the depths of the pandemic, lower stockpiles, and
interruptions to supply.
“The 400,000-barrel-a-day output hike was largely expected, but market attention is increasingly on
OPEC+’s spare capacity,” said Howie Lee, an economist at Oversea-Chinese Banking Corp. “Brent
still trades a shade below $90 at present, but we maintain our bullish call.”.
Investors continue to track
developments over Ukraine amid concerns that Russia may invade, even though Moscow has said

it has no such plan. An attack carries the potential to upend energy flows, stoking prices. Oil historian
Daniel Yergin said further escalation over Ukraine could send prices to $100 a barrel.
There are tensions in the Middle East, too. The United Arab Emirates said three hostile drones that
entered its airspace on Wednesday had been intercepted, days after it fended off a missile attack
by fighters based in Yemen.
Oil markets remain in backwardation, a bullish pattern marked by near-term prices trading above
longer-dated ones. Brent’s prompt spread -- the difference between its nearest two contracts -- was
$1.37 a barrel. That’s up from 41 cents a barrel on the first trading day of 2022.
In the U.S., declining crude oil stockpiles highlight the market’s steady tightening. Nationwide
inventories contracted again last week, according to official figures. Traders had been expecting an
increase for the period.
Oil’s surge over recent quarters will fan inflationary pressures, complicating the task for central
banks including the U.S. Federal Reserve as they seek to tighten monetary policy without choking
off growth. Fed officials have signaled that they are set to start raising interest rates from next month.
U.S. crude stockpiles fell by 1 million barrels last week, the U.S. Energy Information Administration
said on Wednesday, against expectations for an increase, while distillate inventories also dropped
amid strong demand both domestically and in export markets.
Keeping a floor on prices, a major winter storm is expected to wallop much of the central United
States and stretch to parts of the Northeast this week, bringing heavy snow, freezing rain and ice,
the National Weather Service said. The storm comes days after a deadly winter blast and could
boost prices of oil, especially as some regions substitute out natural gas where supply may be
scarce.

Opec+ agrees to continue output hike of 400KBD in March amid higher demand
Opec and its allies will stay the course and bring 400,000 barrels per day of crude to the market in
March amid higher demand as the global economy continues to recover from the coronavirus
pandemic and growing supply concerns as a result of geopolitical tensions in eastern Europe.
Opec+, a group of oil producers led by Saudi Arabia and Russia, agreed to increase production next
month during an online meeting on Wednesday, the group said.
Oil prices have rallied to their highest since 2014 on tighter supply, higher demand and production
constraints. Brent, the global benchmark for two thirds of the world's oil, was trading at $89.08 per
barrel at 8.08pm UAE time on Wednesday. West Texas Intermediate, the gauge that tracks US
crude, was trading at $87.99 a barrel.
Crude has stayed buoyant in the past few weeks as geopolitical tensions continue to rise in eastern
Europe. The Pentagon placed 8,500 US troops on high alert after Russia stationed thousands of
troops along the border with Ukraine.
Russia further boosted its troop presence over the weekend in a sign of a potential escalation that
could derail the flow of global energy supplies.
“Oil prices around $90 per barrel are a sign of a bullish mood and supply fears,” said Norbert Rucker,
head of economics and next generation research at Julius Baer. “The fundamental basis for such
frothiness is low storage levels after the past year’s swift economic rebound overwhelmed the
energy business in ramping up production in time.”
The Ukraine crisis adds to the fears, although the risks of meaningful Russian oil export disruptions
appear low, he said.
"Such nervousness seems to be a characteristic behaviour of ‘peakish’ markets, and there is a
possibility for prices to temporarily move even into the triple digits.”
Oil could trade higher owing to geopolitical tensions and the inability of Opec+ countries to raise
production to reach their quotas, said Edward Moya, senior market analyst at Oanda.
“Fears of disruption to supplies will remain elevated given the winter blast hitting the north and the
geopolitical risks abroad,” he said.

Oil prices have rallied more than 10 per cent this year and Brent touched a seven-year high of
$91.70 per barrel last week while crude has risen more than 67 per cent in the past year. A spike
in geopolitical tensions could even trigger another surge in oil prices, potentially bringing $100 oil
closer to reality .. said Han Tan, chief market analyst at Exinity Group
The ability of some Opec member countries to quickly increase production is shrinking, according
to a new report from Bank of America. However, rising capacity among GCC Opec members, a
potential return of Iranian barrels and non-Opec supply growth should help ease oil balances over
the medium term.
Saudi Arabia, the UAE and Kuwait will help add about three million barrels per day to their combined
capacity over the next eight years, the report said.
Ipek Ozkardeskaya, senior analyst at Swissquote, also expects crude prices to hit three-digit levels
in the coming months "given that global glut declines faster than expected due to a stronger recovery
in demand and ongoing supply constraints".
The market is expected to stay undersupplied in the near term unless the global powers reach a
deal on Iran on its nuclear programme, according to Exinity Group's chief market analyst Han Tan.
At the same time, global demand remains resilient as risks associated with the spread of the
Omicron variant fade.
“Such supply-demand dynamics are preserving a tight market structure, building a solid platform for
oil benchmarks to climb higher and build on January’s gains of over 15 per cent," he said. "A spike
in geopolitical tensions could even trigger another surge in oil prices, potentially bringing $100 oil
closer to reality.”
Opec+ said on Wednesday it will meet again on March 2 to assess the market situation and decide
its future production policy.
The Opec+ group achieved a historic
reduction of 9.7 million barrels per day
between May 2020 and July last year
but has tapered the cuts as demand
improved. The group is adding
400,000 barrels per day to the market
every month.
Meanwhile, the US-based Energy
Information Administration on
Wednesday reported 1 million barrels
of decline in oil inventories for the
week ending January 28 from the
previous week, indicating a higher
demand for crude.
At 415.1 million barrels, US crude oil
inventories are about 9 per cent below
the five-year average for this time of
year, the EIA report said.

NewBase Special Coverage
The Energy world –Feb -04 -2022
Europe’s Renewables Are Crowding Out Gas as Coal Phase-Out Slows
Bloomberg
The European Union’s renewable energy sources are helping reduce its dependence on natural
gas that’s still costing the region dearly.
Renewables growth has helped reduce the EU’s dependence on gas, which has soared in price
since the middle of last year as the region grapples with a supply crisis that’s dealt blows to
industries as well as ordinary consumers’ pockets.
More than half of new renewable generation since 2019 has replaced gas power, according to a
study by London-based climate think tank Ember, with the rest replacing mainly nuclear and coal
sources.
“These are moments and paradigm shifts when governments and businesses start taking this much
more seriously,” said Charles Moore, the lead author on the study. “The alternatives are available,
they are cheaper, and they are likely to get even cheaper and more competitive. Renewables are
now an opportunity, not a cost.”

The high price of gas relative to coal has meant utilities are leaning more on coal as a back-up for
renewable generation, which risks the trajectory of Europe’s phase-out of the dirtiest fossil fuel. Last
year, the EU’s coal use jumped disproportionately high relative to the rise in power generation as
high gas prices boosted the relative profitability of burning coal instead.
Europe Coal Use Jumps as Costly Gas Turns Firms to Dirty Fuel
EU power generation from renewables reached a record high in 2021 of 547 terawatt-hours last
year, accounting for an 11% increase compared to two years before, according to Ember’s Europe
Electricity Review. It’s more than doubled in a decade, representing a 157% increase since 2011.
Gas use declined last year for the second year in a row, reaching a level 8.1% lower than 2019. By
contrast, coal use fell just 3.3% in the same period. Put simply, wind and solar did a great job of
replacing coal during 2011-2019 but since then renewables have mostly been nudging out gas-fired
power stations.
Ember’s Moore warned that the slowing phase-out of coal might require legislation to accelerate.
The International Energy Agency recommends OECD countries cease using coal by the end of the
decade to ensure alignment with the Paris Agreement target of keeping the world’s temperature
increase below 1.5 Celsius.
“Europe can accelerate the phasing out of coal by building more renewable energy and faster,” said
Felicia Aminoff, an energy-transition analyst at BloombergNEF. “Wind and solar have no fuel costs,
so as soon as you have made the initial investments to build wind and solar capacity it will start
replacing generation that uses any kind of fuel, whether it is coal or gas.”
Overall, EU power sector emissions fell at less than half the rate required to hit that target, Ember’s
report said. Spain produced the largest emissions reduction in the last two years, with renewables
adding about 25 TWh and gas falling 15 TWh. In contrast, heavy use of coal dragged down the
bloc’s climate progress in Poland, where coal use rose about 8 TWh and renewables gained only 4
TWh.

NewBase Energy News 03 February 2022 - Issue No. 1484 call on +971504822502, UAE
The Editor:” Khaled Al Awadi” Your partner in Energy Services
NewBase energy news is produced Twice a week and sponsored by Hawk Energy Service – Dubai, UAE.
For additional free subscriptions, please email us.
About: Khaled Malallah Al Awadi,
Energy Consultant
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
www.linkedin.com/in/khaled-al-awadi-38b995b
Mobile: +971504822502
khdmohd@hawkenergy.net or khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with over 30 years of experience in the Oil & Gas
sector. Has Mechanical Engineering BSc. & MSc. Degrees from leading U.S.
Universities. Currently working as Technical Affairs Specialist for Emirates General
Petroleum Corp. “Emarat “with external voluntary Energy consultation for the GCC
area via Hawk Energy Service, as the UAE operations base. Khaled is the Founder
of NewBase Energy news articles issues, an international consultant, advisor,
ecopreneur and journalist with expertise in Gas & Oil pipeline Networks, waste
management, waste-to-energy, renewable energy, environment protection and
sustainable development. His geographical areas of focus include Middle East,
Africa and Asia. Khaled has successfully accomplished a wide range of projects in
the areas of Gas & Oil with extensive works on Gas Pipeline Network Facilities &
gas compressor stations. Executed projects in the designing & constructing of gas
pipelines, gas metering & regulating stations and in the engineering of gas/oil supply routes. Has drafted &
finalized many contracts/agreements in products sale, transportation, operation & maintenance agreements.
Along with many MOUs & JVs for organizations & governments authorities. Currently dealing for biomass
energy, biogas, waste-to-energy, recycling and waste management. He has participated in numerous
conferences and workshops as chairman, session chair, keynote speaker and panelist. Khaled is the Editor-
in-Chief of NewBase Energy News and is a professional environmental writer with more than 1400 popular
articles to his credit. He is proactively engaged in creating mass awareness on renewable energy, waste
management and environmental sustainability in different parts of the world. Khaled has become a reference
for many of the Oil & Gas Conferences and for many Energy program broadcasted internationally, via GCC
leading satellite Channels. Khaled can be reached at any time, see contact details above.

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New base february 03 2022 energy news issue - 1484 by khaled al awadi (autorecovered)

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New base february 03 2022 energy news issue - 1484 by khaled al awadi (autorecovered)