Latest oil pipelines Stories
Primoris Services Corporation (NasdaqGM: PRIM; PRIMU; PRIMW) ("Primoris"), one of the largest specialty contractors and engineering companies in the Western United States, today announced that it has signed a contract to install approximately 15,000 feet of underground pipeline. Once completed, the pipeline will transport crude oil from Long Beach to a refinery located in Carson, California. This contract, which is scheduled to be completed by April 2009, is expected to generate approximately...
Text of report by state-owned Kazakh TV on 9 October [Presenter] The oil and gas sector is a strategic part of our economy, and development of the oil transportation sphere is highly important as well. The third international conference on oil transportation issues started in Almaty. The conference was organized by the KazTransOil state oil transportation company and the KazGiproNefteTrans [engineering company]. [Correspondent] Representatives of 60 oil transportation companies from 12...
By Anonymous Transneft President Nikolai Tokarev recently met South Korean officials to negotiate financing the construction of the East Siberian oil pipeline. The pipeline will connect Taishet, in central Siberia, to Perevoznaya on the Pacific coast close to Russia's border with China. There will be 44 oil pumping stations along the 4,130-km route. The 1,200-mm pipeline will have the capacity to transport up to 80 MMt/a of oil for shipments to China and Japan, as well as to South Korea,...
By Anonymous Federal International has secured, through business associate PT Geolink Nusantara, a build, operate and own project for an oil pipeline in Indonesia's East and Central Java. The project involves a pipeline from Banyu Urip to Mudi and two oil storage tanks for Indonesia's PT Pertamina EP Cebu. Planning started in May and is scheduled for completion by January. Copyright Oildom Publishing Company of Texas, Inc. Sep 2008 (c) 2008 Pipeline & Gas Journal. Provided by ProQuest LLC....
By Share, Jeff Executive Profile As the world anxiously watches Russian bombs rain their death and destruction over neighboring Georgia, one bears in mind that energy pipelines are one of the key issues that is causing increased tensions between Russia, Georgia and several of its other Caspian neighbors in recent years. As of this writing (Aug. 13), Russia has reportedly stopped its assault short of destroying its pro-West neighbor and Georgia's vital Baku-Ceyhan crude oil pipeline. That...
By Anonymous While there is spare capacity on some Canadian oil pipeline systems, the National Energy Board said in late June that oil pipeline capacity overall continues to be tight. According to the NEB's Canadian Pipeline Transportation System Assessment, additional capacity is soon needed to accommodate growing supply and provide greater market flexibility. This is best demonstrated by the recent number of announced and proposed pipelines and expansions to both traditional markets and...
Text of report by corporate-owned Russian news agency Interfax Moscow, 8 October: Russia's decision on its involvement in the construction of the Nabucco gas pipeline will depend on the situation in the region, Russian First Deputy Foreign Minister Andrey Denisov has told Interfax. "The project is still on paper, and it is difficult to assess its viability. Russia's involvement in it will depend on economic conditions and stability in the region," he said in an interview with Interfax....
MOSCOW. Oct 7 (Interfax) - The Russian Energy Ministry thinks that the East Siberia - Pacific Ocean (ESPO) pipeline project should receive state financial support. "The ESPO project should receive some kind of state support," Energy Minister Sergei Shmatko told journalists on Tuesday. The minister noted that it is "rather dangerous" to resolve problems with the infrastructure building by means of a tariff. Currently, the possibility of joint funding of the project is being studied, he said,...
ALMATY. Oct 7 (Interfax) - Kazakhstan has not discussed the amount of its oil that could be pumped through the East Siberia - Pacific Ocean (ESPO) pipeline. "This is a theoretical possibility. We did not discuss specific amounts of oil," Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said at the KIOGE conference in Almaty on Tuesday. It was reported earlier that Russian Energy Minister Sergei Shmatko said that Kazakh national oil transportation company KazTransOil is "very...
TALAKAN (Yakutia). Oct 6 (Interfax) - Transneft (RTS: TRNF) started up an 1,100-kilometer segment of Eastern Siberia-Pacific Ocean pipeline (ESPO) on Saturday. It is the first segment of the pipeline to be put in operation. Transneft head Nikolai Tokarev said the company would maintain its operational tempo and complete the first phase of ESPO in December 2009. The ribbon-cutting ceremony was held at pump station No. 10 at the Talakan field. Deputy Prime Minister Igor Sechin, Energy...
