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 August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Rolls-Royce to Design, Equip Canadian Stern Trawler

The shipbuilding company VARD Group AS in Norway has received an order from a Canadian company for a shrimp stern trawler to be designed and equipped by Rolls-Royce,

MN: Corvus Energy

The Company: Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems.

Total Lubmarine Resumes Full Service in Tianjin

Marine lubricants and greases provider Total Lubmarine informs it has resumed all services based out of the Port of Tianjin following the deadly explosions that rocked the port August 12.

LNG

Hanjin Rolls Out First Philippine-made LPG carrier

Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), which operates the world's fourth shipbuilding facility in Subic Freeport Zone, unveiled the

Egypt Picks Jordan LNG Cargo Winners

Egypt has picked Shell, Vitol and Trafigura in a tender to supply four cargoes of liquefied natural gas (LNG) via Jordan's Aqaba import terminal, trade sources said.

LNG-fueled Box Ship a 'Momentous Step Forward'

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S.

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators Sonar Winch
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: 0.3124 sec (3 req/sec)