Sunday, April 6, 2014

STUFF ... Croatia tendering 29 Adriatic oil/gas blocks next 7 yrs, hoping for production in 5 yrs. Expect ~$2.5B investment. Exxon, Shell, Eni among interested comps ... Brazil to hold next oil/gas auction mid-'15 ... Colombia's next round starts April 11. Oil/gas onshore, offshore. 230 blocks, goal to sell up to 50 ... Peru to ease enviro restrictions to make oil/gas permitting process easier. Tendering 6 offshore blocks in May, another 26 blocks in jungle by yearend ... Anadarko deals to sell Mozambique NG at price linked to oil, US NG ... Coal, NG costs just for PJM system $15.6B/yr. They need just 1.5Gw base power to support power variability from wind, solar.

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