Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2014-04-21 18:38:00

RECORD LEVEL OIL

RECORD LEVEL OIL

Crude oil inventories on the US Gulf Coast reached a record high of 207.2 million bbl on Apr. 11, as a result of the continuing strong crude oil production growth, the opening of TransCanada's Marketlink Pipeline, and a drop in crude oil inputs at Gulf Coast refineries due to seasonal maintenance, according to the US Energy Information Administration.

"While [Gulf Coast] crude oil inventories typically build during the beginning of the year, this year's increase has been particularly notable," EIA said.

Gulf Coast inventories have increased 46.2 million bbl from 161 million bbl on Jan. 10 to the current level, which is 24.2 million bbl above the previous year-average and 22.2 million bbl above year-ago levels. Typically over this period, Gulf Coast crude oil inventories build only 23.4 million bbl.

The start-up of TransCanada's 700,000-b/d Marketlink Pipeline, which runs from the Cushing, Okla., storage hub to Houston, has been the main driver of the elevated Gulf Coast inventory levels and recent corresponding draws at Cushing. In late January, TransCanada completed the first delivery of crude oil via Marketlink to Gulf Coast refineries. Trade press has reported that crude oil deliveries via Marketlink are expected to average 525,000 b/d in 2014.

A seasonal drop in crude oil inputs due to maintenance at Gulf Coast refineries resulted in lower demand for crude oil in the past 2 months. Crude inputs at Gulf Coast refineries have fallen from 8.3 million b/d on average for the 4 weeks ending Jan. 17 to 7.7 million b/d for the 4 weeks ending Mar. 21. During the same period, crude oil imports actually increased slightly.

Rising in-region production on the Gulf Coast have kept inventories levels generally high in recent years. "In the 106 weeks since March 2012, [Gulf Coast] inventories have been above the previous 5-year average in all but seven of those weeks. That coincides with a period during which crude oil production growth in the [Gulf Coast] has averaged about 584,000 b/d," EIA said.

Likewise, crude oil production growth in the Midwest has averaged 278,000 b/d from March 2012 to January 2014. With more production on the Gulf Coast and transportation of Midwest crude to the region, more storage capacity has been required to meet these logistical challenges, EIA said.

ogj.com

Tags: US, GULF, OIL, EIA

Chronicle:

RECORD LEVEL OIL
September, 22, 08:50:00

RUSSIA - KURDISTAN INVESTMENT

Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.

RECORD LEVEL OIL
September, 22, 08:45:00

IRAN'S GAS EXPORT: ABOVE 5 BCM

Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.

RECORD LEVEL OIL
September, 22, 08:40:00

IRAQI OIL TO U.S.

Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.

RECORD LEVEL OIL
September, 22, 08:35:00

QATAR - TURKEY LNG

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00