SOFIA, Aug 29 (Reuters) - Bulgaria has reached an agreement in principle to double its reserved capacity at a new liquefied natural gas (LNG) facility to be built off the northern Greek port of Alexandroupolis, the interim energy minister said on Monday.
Rossen Hristov told reporters that raising the reserved capacity to 1 billion cubic meters (bcm) of gas per year at the LNG terminal, expected to become operational at the end of 2023, will help the Balkan country ensure diversified and stable gas supplies.
The interim government, which has come under fire at home for seeking to renew gas supplies from Russia’s Gazprom , has said it plans to open tenders for mid to long-term gas deliveries and wanted to import more LNG gas through Greece.
The Alexandroupolis terminal is due to be built by a consortium of Greece’s Copelouzos family, Greek gas companies DEPA and DESFA, Bulgaria’s Bulgartransgaz and Cyprus’s Gaslog.
Showing posts with label Terminal Storage Capacity. Show all posts
Showing posts with label Terminal Storage Capacity. Show all posts
Monday, August 29, 2022
Bulgaria to double reserve capacity at new Greek LNG terminal - REUTERS
Thursday, June 21, 2018
"Catastrophic Damage" in Fighting at Ras Lanuf Terminal - THE MARITIME EXECUTIVE
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| Tank roof burns, Ras Lanuf, June 16 (National Oil Company) |
On Wednesday, Libya's National Oil Corporation reported "catastrophic damage" to two of the five tanks at the Ras Lanuf oil terminal due to fighting between militia groups.
The damage resulted in a 400,000-barrel reduction in crude oil storage capacity (from 950,000 barrels to 550,000 barrels), and the NOC said that Tank 2 is in danger of leaking and spreading the fire to the three surviving tanks. Ras Lanuf's terminal once had about a dozen tanks, but the long series of conflicts since the end of the Gaddafi era have destroyed all but a few.
The so-called Petroleum Facilities Guard militia attacked the terminals at Ras Lanuf and Es Sider on June 14. The group controlled the terminals until last year, when they were seized from by forces loyal to Gen. Khalifa Haftar, who controls the eastern half of Libya. The attack forced the NOC to evacuate employees, declare force majeure and suspend loadings, cutting Libya's daily oil export volume in half.
One employee was shot and injured during the attack on the terminal, and several more were robbed, NOC reported. All others were evacuated safely.
Friday, November 11, 2016
Libya’s largest oil port may be ready next week for shipments - WORLD OIL / BLOOMBERG
By SALEH SARRAR, HATEM MOHAREB, SALMA EL WARDANY on 11/9/2016
TRIPOLI, Libya (Bloomberg) -- Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves.
Tankers may be able to load at Es Sider port by next week as maintenance work at the terminal is almost complete, a National Oil Corp. official said by phone on Tuesday, asking not to be identified because he’s not authorized to speak with news media. Es Sider hasn’t exported crude since force majeure, a legal status protecting a party from liability if it can’t fulfill a contract for reasons beyond its control, was declared on loadings almost two years ago.
Libya currently produces 660,000 bopd, the official said. This compares with production of about 1.6 MMbopd before the 2011 uprising that ousted longtime leader Moammar Al Qaddafi. Output withered after international oil companies withdrew amid the conflict between rival governments and armed groups over the nation’s oil fields, ports and pipelines.
Tankers may be able to load at Es Sider port by next week as maintenance work at the terminal is almost complete, a National Oil Corp. official said by phone on Tuesday, asking not to be identified because he’s not authorized to speak with news media. Es Sider hasn’t exported crude since force majeure, a legal status protecting a party from liability if it can’t fulfill a contract for reasons beyond its control, was declared on loadings almost two years ago.
Libya currently produces 660,000 bopd, the official said. This compares with production of about 1.6 MMbopd before the 2011 uprising that ousted longtime leader Moammar Al Qaddafi. Output withered after international oil companies withdrew amid the conflict between rival governments and armed groups over the nation’s oil fields, ports and pipelines.
Wednesday, October 19, 2016
Libya resumes output from Waha oilfield - ECOFIN AGENCY
Wednesday, 19 October 2016 - 09:23, by Anita Fatunji
(Ecofin Agency) - Libya has recommenced production from the Waha oil field bringing the country’s total production to 580,000 barrels per day, a senior Libyan oil official revealed.
According to the official, oil output from the field is being redirected to the Ras Lanuf export terminal rather than the usual Es Sider port due to limited storage.The Waha field, which is operated by the Waha Oil Company, is one of the key contributors for the major Es Sider export grade. It is the first Es Sider field to resume operation, producing 50,000 bpd as at Tuesday.
Output from the field was around 330,000 bpd before the war in 2011, but some infrastructure had been damaged and capacity was reduced.The Es Sider port currently has only a storage capacity of 1.2 million barrels compared to the 5 million barrels level before the war. The Es Sider grade will therefore be divided between Ras Lanuf and Es Sider as output increases.
(Ecofin Agency) - Libya has recommenced production from the Waha oil field bringing the country’s total production to 580,000 barrels per day, a senior Libyan oil official revealed.
According to the official, oil output from the field is being redirected to the Ras Lanuf export terminal rather than the usual Es Sider port due to limited storage.The Waha field, which is operated by the Waha Oil Company, is one of the key contributors for the major Es Sider export grade. It is the first Es Sider field to resume operation, producing 50,000 bpd as at Tuesday.
Output from the field was around 330,000 bpd before the war in 2011, but some infrastructure had been damaged and capacity was reduced.The Es Sider port currently has only a storage capacity of 1.2 million barrels compared to the 5 million barrels level before the war. The Es Sider grade will therefore be divided between Ras Lanuf and Es Sider as output increases.
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