Producción y mercados energéticos 28/08/19
Latest Energy News |
28 August 2019 |
TOP STORY: Kenya starts exporting oil with an inaugural shipment of 200,000 bbl Kenya has started to export crude oil, with an inaugural shipment of 200,000 bbl from the port of Mombasa to Malaysia for a Chinese company (Chemchina) at a price of US$12m. Kenya’s first oil resources were discovered in 2012 at the Lokichar basin in the northern county of Turkana by Tullow Oil and its partner Africa Oil. Estimated reserves in the basin are of around 560 mbl, enough to produce up to 100,000 bbl/d as of 2022. Crude oil production started at a pilot scheme in 2018 and around 2,000 bbl/d of crude oil production has been transported by trucks from Turkana to Mombasa. In addition, Tullow Oil and Africa Oil signed an agreement with the government and Moller Maersk for the construction of an 891 km long oil export pipeline in 2016. They are working towards a final investment decision (FID) that is expected in 2020. In June 2019, partners signed Heads of Term agreements with the government and Total for the development of a 60,000 – 80,000 bbl/d crude oil processing facility in the northwest of the country that would tap oil resources from the Blocks 10 BB and 13T in South Lokichar Basin. Crude oil production could start in 2023 at the earliest, i.e. three years after the FID. |
Companies Total will transfer stakes in Namibia, Guyana and Kenya offshore blocks to Qatar Petroleum Total has signed several agreements with Qatar’s national oil company Qatar Petroleum (QP) to transfer stakes in its exploration acreage in Namibia, Guyana and Kenya, as the two companies are reinforcing their international partnership. These transactions remain subject to approval by the competent authorities. …
Read moreCNOOC will begin new section of the Tianjin-Inner Mongolia pipeline (China) Chinese state-owned oil and gas group China National Offshore Oil Corp (CNOOC) will start to work on the second section of the first phase of the Tianjin-Inner Mongolia gas pipeline in September 2019. …
Read moreEnergy & Climate Markets India expects US$17bn investment in city gas infrastructures by 2030 The Ministry of Oil of India expects gas companies to invest INR 1,200bn (US$16.8bn) in the development of city gas networks in nearly 300 districts by 2030.
Read more16 mines at PRB account for 43% of US total coal production According to the US Energy Information Administration, coal production in the United States is concentrated in 16 mines in the Powder River Basin (PRB), which represent more than 40% of total domestic coal production. PRB is a mining region located in northeast Wyoming and southeast Montana. Moreover, four companies own 10 mines producing 87% of the PRB coal production (2018).
Read moreInfrastructure & Investments Vineyard Wind offshore wind project proposes 400-800 MW expansion (US) Vineyard Wind, the 50-50 joint venture of Iberdrola’s subsidiary Avangrid Renewables and the investment fund Copenhagen Infrastructure Partners, has submitted proposals to Massachusetts Electric Distribution Companies (EDCs) for the development of additional offshore wind capacities off the coast of Massachusetts (United States).
Read moreEnel starts building 382 MW solar power project in northern Chile Enel, through its green energy subsidiary in Chile Enel Green Power Chile, has started to build its new 382 MW solar photovoltaic (PV) project, Campos del Sol, worth US$320m.. Located 60 km northeast of Copiapó in the Atacama region, Campos del Sol is expected to be commissioned by the end of 2020 and should produce nearly 1.2 TWh/year. …
Read moreBPCL plans FSRU project in Krishnapatnam (India) by 2022 Bharat Petroleum Corp Ltd (BPCL) plans to invest INR 15-17bn (US$208-236m) in the construction of a floating storage and regasification unit (FSRU) in Krishnapatnam (Andhra Pradesh, India). BPCL would own 74% of the project, in partnership with Petronet LNG (26%).
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