-- US LNG a viable bridge to arctic gas supplies? Much of the buzz about the future of the North American natural gas market centers on how much of
a role LNG will play as a supply "bridge" to the arctic gas pipelines envisioned to come on line
later in the decade.
The popular wisdom today is that there will be a persisten shortfall in US gas wellhead
deliverability for the foreseeable future. This in turn will sustain the kind of moderately high
gas prices that would support a sharp hike in LNG imports.
-- Boom and bust "Expect the unexpected" was the recurring theme of a recent Washington, DC, conference sponsored by the International Association of Independent Tanker Owners (Intertanko).
-- Repsol-YPF SA plans to recover Prestige's fuel oil Repsol-YPF SA, Madrid, plans to begin work this summer to recover fuel oil contained within the tanker Prestige, which sank off the Galicia coast of northwestern Spain (OGJ Online, Nov. 27, 2002).
-- Pipelines blasted last week in Pakistan, service disrupted Two pipelines transporting gas from southern Sui and Qadirpur gas fields in Pakistan were blasted near Sadiqabad last week, causing temporary suspension of gas supply in Punjab and North Western Frontier provinces April 7.
-- Falcon Gas Storage starts open season for MoBay storage hub project Houston-based Falcon Gas Storage Co. Inc. has announced an open season, until May 8, for capacity at its new MoBay natural gas storage hub in Mobile County, Ala., which is scheduled to be in service during fourth quarter 2004. Falcon is offering 20 bcf of working gas capacity and 450 MMcfd of injection and withdrawal capability.
-- Syria's 'illegal' oil pipeline shut off from Iraq Even as the US and UK raise the specter of economic sanctions against Syria, the Arab state has already been hit hard by the loss of substantial oil revenues following the end of its illicit supplies from Iraq.
-- Oman awards pipe contract for Mahdha-Buraimi spur Oman Gas Co. (OGC)'s 48 km, natural gas pipeline spur from the Fahud-Sohar pipeline at Mahdha to Buraimi at the UAE border is moving ahead. Corinth Pipeworks SA of Greece received a $5 million contract to supply the 24-in. pipe by Jul. 1, and construction is slated to begin soon thereafter.
-- US midstream standing at yet another critical juncture Gaining a perspective of where the US midstream sector might be headed requires a review of its history and past challenges, an examination of its current makeup, and a discussion of the abilities of the midstream players to handle what lies ahead.
-- Tsakos receives newbuild in 17-vessel acquisition program Tsakos Energy Navigation Ltd. on Mar.20 took delivery of the Panamax tanker Inca from Imabari Shipyards in Japan. The vessel is the latest in TEN's 17-vessel newbuild acquisition program and the second of four new Panamax class vessels, joining sister ship Maya, which was received Jan. 24.
-- Explosion rocks Nigerian oil pipeline Saboteurs blew up a major oil pipeline near Warri in the Niger Delta Saturday, Nigerian National Petroleum Corp. said Monday. The blast caused a fire that was still raging Monday morning, according to Saudi News Agency.
-- International LNG Alliance formed; LNG's role expanding US government and industry officialsnoting the role LNG is expected to play in bridging the gap between future US natural gas demand and productionhave formed the International LNG Alliance (ILNGA), an organization that will focus on LNG policy and trade issues.
-- Vapor-recovery unit passes South Texas field test Performance testing of a vapor-recovery unit developed by Comm Engineering USA has shown the technology capable of collecting 64 MMscf/year of vent gases with a value of about $350,000.
-- Brazil wants more local content in pipeline construction Brazilian Mines and Energy Minister Dilma Rousseff said she will demand more "national content"amounting to 75% of goods, equipment, and servicesfrom government contractors building and installing the natural gas pipeline grid in eastern Brazil.