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2014-05-16 19:44:00

SOUTH STREAM: FIRST GAS 2015

SOUTH STREAM: FIRST GAS 2015

Pipelay for South Stream Line 2 will begin in mid-2015, with first natural gas flow from Line 1 following later that year. Trond Gjedrem, materials manager for South Stream Transport BV, made these remarks May 12 at the Pipeline Technology Conference in Berlin, despite the European Parliament having voted last month that South Stream should not be built.

Also since this vote, OAO Gazprom and Austria-based OMV AG agreed to construction terms allowing South Stream gas to reach Austria by 2017 (OGJ Online, Apr. 30, 2014).

The subsea portion of South Stream will cover 911 km across the Black Sea from Russia to Bulgaria, with four parallel 15.75 billion cu m (bcm)/year lines planned for a total finished operating capacity of 66 bcm/year. New strings would be brought on in staggered succession following Line 1, Gjedrem continued, with Line 2 starting in 2016, Line 3 in early 2017, and Line 4 in late 2017.

Line 1 will use S-lay installation for the landfall segments in both Russia and Bulgaris, with the Saipem 7000 preforming J-lay for the 800-km section of 2,200-m water depth. Multiple 32-in. OD lines were chosen for the project instead of a single larger line due to pressures in water that deep. South Stream expects to lay 2-3 km/day. Each line will use 75,000 joints of pipe.

ogj.com

Tags: SOUTH, STREAM, GAS
SOUTH STREAM: FIRST GAS 2015 February, 18, 12:30:00

OIL PRICE: ABOVE $66

SOUTH STREAM: FIRST GAS 2015 February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

SOUTH STREAM: FIRST GAS 2015 February, 18, 12:20:00

BRENT OIL: UNDERVALUED

SOUTH STREAM: FIRST GAS 2015 February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

SOUTH STREAM: FIRST GAS 2015 February, 18, 12:10:00

BENEFIT FOR RUSSIA

SOUTH STREAM: FIRST GAS 2015 February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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Chronicle:

SOUTH STREAM: FIRST GAS 2015
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

SOUTH STREAM: FIRST GAS 2015
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

SOUTH STREAM: FIRST GAS 2015
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

SOUTH STREAM: FIRST GAS 2015
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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