Possible Delay in Chevron’s Delta LNG Production

Wednesday, November 09, 2005
According to a report in the Caracas Daily Journal, Chevron has found enough natural gas in Venezuela’s Orinoco Delta platform to warrant the country’s first LNG train. But Venezuela’s lacking gas infrastructure and indecisive construction plans have led some in the industry to wonder if Chevron will be forced to delay production. The Delta platform license issued by the energy ministry to Chevron last year stated that the company could submit a proposal to build pipe-lines from its fields to the planned CIGMA liquefied gas plant in the Paria Peninsula. But the government appeared to change its mind when state-run Petroleos de Venezuela (PDVSA) announced in August that it intended to build the pipelines by itself. The decision could delay production schedules for Chevron -- which has licenses for blocks 2 and 3 -- and for Norway’s Statoil -- which has a license for block 4. It could also postpone PDVSA’s goal to begin LNG exports by 2010. Source: Caracas Daily Journal

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Solstad CSV Gets Propulsion Overhaul at Gibdock

Gibraltar’s Gibdock shipyard has completed its scope of work on Solstad Shipping’s Normand Cutter, a 127-meter-long, 10,979grt construction support vessel (CSV)

Rolls-Royce Azimuth Thrusters Ordered for New Tug

Rolls-Royce has won an order for US255 FP z-drives from San Francisco’s Vessel Chartering LLC, a wholly owned division of Baydelta Navigation. The thrusters will

Hybrid RoPax Ferry Delivered to Royal TESO

Hybrid RoPax ferry Texelstroom has been delivered to Koninklijke N.V. Texels Eigen Stoomboot Onderneming (Royal TESO).   This latest generation symmetrical ferry is powered by efficient,

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0671 sec (15 req/sec)