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Transportation 2005 P2

  • 01/13/2005 -- Venture forms for Mackenzie gas pipeline
    Flint Energy Services Ltd., Calgary, has joined Gwich'in Development Corp. (GDC) and five construction companies in a joint venture—the Mackenzie Aboriginal Corp. (MAC)—to participate in construction of the Mackenzie Valley gas pipeline.
  • 01/13/2005 -- Contract let for Louisiana LNG terminal
    Sempra Energy LNG Corp. let a $500 million contract to a consortium of Aker Kvaerner of Norway and Ishikawajima-Harima Heavy Industries of Japan for engineering, procurement, and construction of the Cameron LNG LLC regasification terminal near Hackberry, La.
  • 01/14/2005 -- North West Shelf group seeks LNG expansion
    Partners in the North West Shelf Gas Project, led by Woodside Petroleum Ltd., have presented a proposal to the Western Australian government to expand the group's LNG facilities on the Burrup Peninsula.
  • 01/17/2005 -- Japan urges Malacca Strait shipping safety
    Japanese Defense Minister Yoshinoro Ono, on a swing through Southeast Asia, has urged Indonesia, Malaysia, and Singapore to do more to protect oil shipping through the Malacca Strait from piracy and terrorism.
  • 01/17/2005 -- Amazon LPG pipeline approved; gas line planned
    Petróleo Brasileiro SA (Petrobras), Brazil's state-owned oil company, has closed a deal with V&M do Brasil, Rio de Janeiro, for the purchase of a natural gas pipeline that Petrobras will convert to carry liquefied petroleum gas.
  • 01/18/2005 -- Myanmar, India, Bangladesh sign gas line agreement
    India, Myanmar, and Bangladesh have agreed in principle to lay an onshore pipeline to carry gas to India from large discoveries off Myanmar.
  • 01/18/2005 -- CNOOC to develop Shanghai LNG terminal
    China National Offshore Oil Corp. subsidiary CNOOC Gas & Power Ltd., Hong Kong, and electric power company Shenergy Group Ltd., have formed Shanghai LNG Co. Ltd. to develop an LNG terminal at Shanghai.
  • 01/22/2005 -- TransCanada builds gas storage facility
    TransCanada Corp. is developing a $200-million (Can.) natural gas storage facility near Edson, Alta.
  • 01/24/2005 -- Faults postpone delivery of LNG vessel
    The 75,000 cu m Gas-de-France-Energy LNG carrier, dedicated last November and due for delivery at the end of 2004, is being investigated for faults detected during tests at sea.
  • 01/24/2005 -- BG to supply LNG to ENEL
    BG Group, UK, has signed an agreement to supply 2.4 million tonnes/year (tpy) of LNG to Ente Nazionale Energia Elettrica (ENEL) SPA at the 6 million tpy Brindisi LNG terminal under construction in southern Italy.
  • 01/26/2005 -- Indonesia riles LNG buyers with supply disruption
    Indonesia's reputation as a reliable supplier of liquefied natural gas has come into question once again due to a new disruption of supply, even as the Southeast Asian nation seeks to ramp up production.
  • 01/28/2005 -- Sempra, Tractebel sign Cameron LNG pact
    Sempra Energy unit Sempra LNG, San Diego, Calif., has signed a heads of agreement (HOA) providing Tractebel LNG North America LLC with as much as one third of the 1.5 bcfd capacity of Sempra LNG's Cameron LNG terminal under development 15 miles south of Lake Charles, La.
  • 02/01/2005 -- Interest noted for pipeline expansion
    Terasen Pipelines Inc., Calgary, said it received strong support from 17 energy companies to continue with plans to expand capacity on its Trans Mountain oil pipeline to the West Coast.
  • 02/01/2005 -- Energy-transport security study sought
    Five lawmakers have asked the US Government Accountability Office to assess the vulnerabilities of LNG vessels and oil tankers to terrorist attacks.
  • 02/11/2005 -- Wyoming gathering system due expansion
    TEPPCO Partners LP plans to add 45 miles of pipeline to loop the Jonah gas gathering system in southwestern Wyoming.
  • 02/15/2005 -- FERC OKs Williams' Transco pipeline project
    The US Federal Energy Regulatory Commission has granted Williams Cos. Inc., Tulsa, approval to expand its 8.1 million bcfd Transco pipeline in Burlington County, NJ.
  • 02/16/2005 -- Sempra lets contract for Mexican LNG terminal
    Sempra Energy unit Sempra LNG, San Diego, Calif., has awarded a $500 million engineering, procurement, and construction (EPC) contract to BMVT consortium led by Black & Veatch Corp., Kansas City, Mo., for Sempra's Energia Costa Azul LNG receiving terminal 14 miles north of Ensenada, Mex.
  • 02/16/2005 -- Yemen, Tractebel ink LNG sales agreement
    Tractebel LNG Trading SA, London, has signed a heads of agreement with Yemen LNG Co. to purchase 2.5 million tonnes/year of LNG for 20 years.
  • 02/18/2005 -- Gulf Landing LNG project approved
    Shell US Gas & Power LLC has gained approval of the US Maritime Administration for its Gulf Landing LNG receiving and regasification terminal in the Gulf of Mexico.
  • 02/21/2005 -- Enbridge eyes 'synbit' line to BC coast
    Enbridge Inc., Calgary, has proposed a pipeline to transport bitumen from northern Alberta to Canada's west coast for shipment by tanker to Asia and the US West Coast.
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Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

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