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Transportation 2004 P6

  • 08/02/2004 -- PDVSA unit signs crude carrier maintenance MOU with Argentine shipyard
    Petróleos de Venezuela's subsidiary PDV Marina has inked a memorandum of understanding with Argentine shipyard Astilleros Río Santiago for the repairs to oil tankers in PDVSA's fleet.
  • 08/02/2004 -- Fluxys awards expansion contract for Belgian Zeebrugge LNG terminal
    Brussels-based Fluxys SA has awarded a lump sum turnkey contract for the extension of the Belgian Zeebrugge LNG receiving terminal on the Belgian coast to ENI SPA unit Saipem SPA.
  • 07/30/2004 -- European pipeline project gets major boost
    Plans for a major European petrochemical pipeline took an important step forward earlier this summer when a commission of the European Union approved subsidies for the project.
  • 07/29/2004 -- Fuel truck attacked in Pakistan
    A tanker truck supplying aviation fuel to US aircraft in the Chaman area of Baluchistan Province, Pakistan, was attacked Monday by two unknown gunmen who sprayed the truck with bullets, causing the spillage of thousands of liters of gasoline. No one was injured.
  • 07/26/2004 -- Telvent to deliver SCADA system for Pakistan pipeline
    China Petroleum Engineering & Construction Group Corp., an international contractor, has selected Telvent to supply the supervisory control and data acquisition for the White Oil Pipeline Project in Pakistan.
  • 07/26/2004 -- A case for natural gas price stability
    The forecast for US natural gas prices is: more of the same. Get used to it. One need not be clairvoyant to predict the mid-to-long term direction of gas prices in North America. Simply look at recent price trends and project them out beyond the midpoint of the decade.
  • 07/23/2004 -- Construction begins on Iran section of Iran-Armenia gas pipeline
    ZAO Armrosgazprom has begun construction on the 100 km Iranian section of the $210-220 million Iran-Armenia natural gas pipeline that will promote gas deliveries from Turkmenistan through Iran to Armenia (OGJ, Feb. 3, 2003, p. 62). Iran is funding its section, which is being built by an Iranian contractor, Russia's Interfax news agency reported Thursday.
  • 07/23/2004 -- Canadian bitumen stands poised to expand to US markets
    In Second-quarter 2004, North American propane markets and gas processing extraction rates returned to their 5-year average, indicating that supply is effectively back to normal.
  • 07/22/2004 -- Tangguh LNG awards second compressor train contract in Indonesia
    Tangguh LNG partners have awarded GE Energy a contract to supply a second compressor train for the project in Bintuni Bay Regency, Papua Province, Indonesia.
  • 07/21/2004 -- Power plant start-up signals launch of Tanzania's Songas project
    Tanzania signaled start-up of its $260 million Songas natural gas-fired power project with the first commercial operation of the 110 Mw Ubungo power station in Dar es Salaam.
  • 07/21/2004 -- INGAA study shows need for US infrastructure investment
    The Interstate Natural Gas Association of America Tuesday predicted $61 billion must be invested in US natural gas infrastructure by 2020 or consumers will see much higher natural gas bills.
  • 07/19/2004 -- Pipelines handle most US crude oil, refined product shipments
    Pipelines accounted for 67.80% of total US crude oil and petroleum product shipments in 2002, up from 66.24% in 2001.
  • 07/19/2004 -- Case to be made for $30-40/bbl oil through 2005
    There is a compelling case to be made for oil prices remaining at $30-40/bbl (New York futures contract) through next year. The lower end of that range would suggest just the state of the physical fundamentals of oil markets today. The higher end rolls in a premium for fear of supply disruptions.
  • 07/15/2004 -- Pipeline safety successes, challenges detailed to Congress
    The US DOT's inspector general recently told two congressional committees that the Office of Pipeline Safety is making considerable progress meeting legislative mandates.
  • 07/13/2004 -- Statoil launches cogeneration, methanol expansion projects
    A group led by Statoil ASA plans to build a cogeneration plant at the Mongstad refinery near Bergen, and a gas-fired unit at Tjeldbergodden in mid-Norway, along with an associated increase in methanol capacity. The group's overall investment requirement is 8.5 billion kroner, with Statoil shouldering 4 billion kroner.
  • 07/13/2004 -- Lukoil begins Karachaganak field oil production-share sales via CPC pipeline, tanker
    The Aegean Lady Greek tanker, chartered by Lukoil Overseas Holding Ltd., has departed from South Ozereyka terminal near Novorossiysk to markets loaded with 134,900 tonnes of light CPC Blend crude from Karachaganak field in northwest Kazakhstan. The shipment, transported to the port via the Caspian Pipeline Consortium (CPC) export pipeline system, represents Lukoil's first production share from the field.
  • 07/12/2004 -- Gaz de France awards contract for LNG terminal in southern France
    Gaz de France has awarded a lump sum, turnkey contract to a joint venture of Italian oil services company Saipem SPA and French engineering firm Sofregaz to construct an LNG terminal at Fos Cavaou, on the southern French coast, about 50 km west of Marsiglia and nearby the existing Fos terminal.
  • 07/12/2004 -- Norsk Hydro awards contract for Ormen Lange gas terminal
    Norsk Hydro ASA and partners awarded a $2 billion kroner contract to Aker Kværner ASA for the engineering, procurement, and construction of a gas reception and export area at Nyhamna.
  • 07/12/2004 -- GulfTerra to build Constitution field export pipelines in central Gulf of Mexico
    GulfTerra Energy Partners LP, Houston, has agreed to construct, own, and operate a 70 mile, 16-in. oil export pipeline and 32 miles of 16-in. natural gas pipeline to deliver production from Kerr-McGee Oil & Gas Corp.'s deepwater Constitution field in the central Gulf of Mexico.
  • 07/09/2004 -- Oman signs LNG supply contracts with three Japanese firms
    Oman's state-owned Qalhat LNG SAOC will supply LNG to the Far East under the terms of contracts announced by three Japanese firms, adding a further boost in revenues for the natural gas-rich Arab country.
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US NGL Exports, the second in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

  • Will the US ethylene industry be able to expand fast enough to absorb additional ethane supplies?
  • How much ethane will be available for export?
  • What price will it take to bring the marginal ethane barrel to market?

These and other topics will be discussed, with the latest thoughts on U.S. NGL export policy.


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