More Oil & Gas Transportation News

INTERNATIONAL BRIEFS

Jan 15, 1990 SECOND STAGE of the 960 km Iraqi pipeline across Saudi Arabia (IPSA-2) started up last week, boosting Iraq's export capacity to 3.5 million b/d. IPSA-1, first stage of the $2.7 billion, 1.65 million b/d system, started up in September 1985 with throughput of 500,000 b/d. The system links Iraq's southern oil fields with the Yanbu export terminal on the Red Sea. SAUDI ARABIA gave Morocco $50 million toward cleanup of the oil spill from the damaged Iranian tanker Kharg 5 off

AGA LAUDS U.S. DECEMBER GAS SUPPLY PERFORMANCE

Jan 15, 1990 U.S. producers, pipelines, and distributors performed well in delivering what apparently were record volumes of gas in December 1989, says American Gas Association Pres. George H. Lawrence. December deliveries may have been 2.3 tcf of gas, 22% more than the average of 1.8 tcf. Last month was the coldest December in this century, 26% colder than normal nationwide. An apparent monthly record of 700 bcf was withdrawn from storage during the month. The volume of gas in underground storage stood

U.S. REFINERS DRAW FIRE FOR PRODUCT PRICE SPIKE

Jan 15, 1990 U.S. refiners drew the blame at a congressional hearing last week for last month's sharp increases in middle distillate and propane prices. Members of the House energy and power subcommittee were indignant about the increases and were not satisfied with explanations detailing record cold weather and refinery shutdowns. They vowed not to let the matter drop simply because prices are declining now.

WATCHING WASHINGTON PROBING THE PRICE RUNUP

Jan 22, 1990 with Patrick Crow It's difficult for lawmakers to ascertain the truth from conflicting testimony by witnesses at a congressional hearing. It's even harder when lawmakers not only want truth from the hearing but also publicity. That seemed a major impediment at two recent hearings on last month's runup in heating oil and propane prices. No doubt some of the congressmen at a House of Representatives hearing were truly angry about the price increases (OGJ, Jan. 15, p. 23). No doubt

CYCLONE-TYPE SEPARATORS SCORE HIGH IN COMPARATIVE TESTS

Jan 22, 1990 L. Oranje Gasunie Research Groningen, The Netherlands Full-scale performance tests of four types of gas-liquid separators have indicated a cyclone-type separator can have a catch-efficiency rate which approaches 100%. The tests were carried out by Gasunie Research, Groningen, The Netherlands, under operating conditions.

CIVIL STRIFE WORSENS U.S.S.R.'S PETROLEUM SITUATION

Jan 22, 1990 Renewed ethnic violence in Azerbaijan this month dealt another severe blow to the Soviet republic's onshore petroleum industry but initially had little effect on Azerbaijan's offshore oil and gas production. Again, as in the civil turmoil of late 1988, clashes between Azerbaijanis and Armenians in and around Azerbaijan's capital city of Baku disrupted work in the area's big petroleum equipment manufacturing industry, refineries, petrochemical plants, and onshore oil fields.

PROBLEMS PLAGUE SOVIET CASPIAN OPERATIONS

Jan 22, 1990 An abundance of problems has forced increasing reliance on foreign firms to bring order out of admitted chaos in the Soviet Union's oil operations in the Caspian Sea. The problems include a rash of costly accidents, pervasive technological shortcomings, and inability to obtain spare parts and equipment from domestic suppliers. Despite Moscow's critical shortage of hard currencies, the U.S.S.R. has turned to the U.S., Finland, Japan, West Germany, and eastern European nations for help in

WATCHING THE WORLD IRAQ'S NEW PIPELINE

Jan 22, 1990 with Roger Vielvoye from London Iraq marked its emergence as the second most powerful oil state in the Middle East by formally inaugurating the new crude oil pipeline from Zubair in southern Iraq to Yanbu on the Red Sea coast of Saudi Arabia. The 1.65 million b/d IPSA-2, operational since last September, was inaugurated in a ceremony earlier this month attended by Iraqi Oil Minister Isam al-Chalabi and his Saudi Arabian counterpart, Hisham Nazer.

COAL SLURRY TESTS PLANNED

Jan 22, 1990 Unocal Canada Ltd. and Canadian governments plan a $1 million program to test the feasibility of shipping a slurry of coal and condensate by pipeline. Unocal will contribute $384,000, Alberta $333,000, and Ottawa $284,000. The Alberta Research Council test site at Nisku, Alta., will produce the coal/condensate slurry for transportation tests in an experimental pipeline loop at the Saskatchewan Research Council site at Saskatoon, Sask. Unocal said it may be possible to substitute coal for

IPE EXPANDS TRADING, PLANS DISTILLATE CONTRACT

Jan 22, 1990 Peter Wildblood International Petroleum Exchange London London's International Petroleum Exchange has experienced a remarkable growth period over the last 3 years. During this time both turnover and open interest have increased tenfold with a growth rate over the last calendar year of 130%. These developments reflect the acceptance by the oil industry of futures as a valuable hedging and pricing vehicle, and the validity of the exchanges' contracts to fulfill this need.

CHINA EYES CHALLENGES IN REMOTE TARIM BASIN

Jan 22, 1990 China National Petroleum Corp.'s key oil and gas strike at 1 Tazhong in the Tarim basin of Northwest China presents the country with major challenges. The discovery, on China's largest known subsurface structure, caps a long history of exploration in the remote Tarim basin. Chinese geologists believe Tarim basin reserves may be 74 billion bbl of oil and 282 tcf of gas, respectively one seventh and one quarter of the national total.

GAS IMPORT HIKE SHAPES UP FOR U.S. NORTHEAST

Jan 22, 1990 The U.S. Department of Energy has tentatively authorized a large increase in the volume of Canadian natural gas transported to the U.S. Northeast, starting with small volumes as early as next autumn. The conditional import authorization gives 18 northeastern gas distribution companies approval to import as much as 397.1 MMcfd of gas from Canada. Canadian gas imports to the Northeast were expected to be more than 340 MMcfd in 1989.

HOW A NONINTEGRATED NORTH SEA PRODUCER VIEWS OIL PRICE RISK

Jan 22, 1990 Liz Gall Enterprise Oil plc London Over the last 10 years, attitudes towards the causes of oil price volatility and how to cope with the attendant price risk have undergone a revolution. This is nowhere more apparent than in the trading rooms of the non-integrated North Sea oil producers. The aspirations of such companies remain straightforward-to sell their crude oil at the highest price possible. The tools available to help achieve this goal have increased in number and improved in

DOE SEEKING COAL LIQUEFACTION PROPOSALS

Jan 22, 1990 The U.S. Department of Energy is asking industry and universities for research proposals to convert coal into liquid fuels at costs competitive with imported oil. DOE said the potential of recent innovations has encouraged it to look for new approaches to reduce the cost of liquids from coal, essentially placing a lid at about $25/bbl on the price of imported oil. A two stage process at DOE's Wilsonville, Ala., pilot plant has produced substantial improvements in coal liquefaction

INTERNATIONAL BRIEFS

Jan 22, 1990 BP OIL will enter the East German retail market with construction of a service station in Dresden as a 3 million mark pilot project. The city will provide a site on long term lease for the station, to be operated by VEB Minol, the organization responsible for oil distribution in East Germany. A range of gasoline will include unleaded grades for western vehicles.
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