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 Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Is Glycerine the Next Marine Fuel?

Following a year described as “intense activity,” the Glycerine Fuel for Marine Sustainability project (GLEAMS) concluded that Glycerine is a viable, exceptionally clean alternative marine fuel.

Thrustmaster Names Pineda Director of Sales and Marketing

Marcela Pineda has been promoted to Director of Sales and Marketing at Thrustmaster of Texas.   Pineda, a graduate of the University of Texas at Austin, is a

Preparing for Low Sulphur Operation

Stricter limitations on sulphur emissions (SOx) will pose many challenges to ships operating in Emission Control Areas (ECAs). If not handled with care, switching

LNG

Getting Real on LNG Fuel

Plentiful supply, low prices and strict regulations on air pollution are fuelling a swift move towards using LNG as fuel for ship propulsion in the USA and Canada.

Interferry Welcomes IMO Decision on LNG Fuel Tank Placement

Interferry has welcomed a decision at last week’s IMO Maritime Safety Committee meeting (MSC94) setting out rules for the location of fuel tanks on LNG-powered ships,

HHI to Build FSRU for Höegh LNG

A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1203 sec (8 req/sec)