It has been reported by the Venezuela daily Internet connection that work is progressing on a processing plant that will eventually take Venezuela into the lucrative export market for liquefied natural gas (LNG). At long last, say PDVSA's critics, wondering why Venezuela has ignored its natural gas potential for so long. There shouldn't be any quick expectations, as we are thinking it will be 2010 before the plant is ready to go.
In the meantime, PDVSA will also get to manage and maintain the largest thermal electricity power generation complex in Latin America.
Monday, October 15, 2007
Friday, October 12, 2007
Canadian Natural Gas Output to fall in 2009
A major downturn in drilling for natural gas in Western Canada will shrink Canadian supplies of the clean-burning fuel by as much as 15% in the next two years, the National Energy Board predicted yesterday.
Canada's energy regulator said it expects Canadian production to plummet to as little as 14.5 billion cubic feet a day by 2009, revising earlier predictions that gas deliverability would stay flat at around 17 bcf/d, or roughly where it has been since 2000.
"There is a pervasive drilling downturn that's impacting most resources in the Western Canada basin, where 98% of the gas is produced," said NEB gas supply analyst Ken Martin.
Canada's energy regulator said it expects Canadian production to plummet to as little as 14.5 billion cubic feet a day by 2009, revising earlier predictions that gas deliverability would stay flat at around 17 bcf/d, or roughly where it has been since 2000.
"There is a pervasive drilling downturn that's impacting most resources in the Western Canada basin, where 98% of the gas is produced," said NEB gas supply analyst Ken Martin.
Thursday, October 11, 2007
Natural Gas Price Up in Kansas City
The Kansas City Star is reporting that there’s some good news on the winter home heating front for most natural gas customers in Kansas City, as natural gas customers probably won’t get unexpected high gas prices like they have been in recent years.
Natural gas, the most popular fuel in the Midwest, is expected to have a mild price increase, at least compared with the surging cost of heating oil and propane in this winter 2007. That’s according to the Energy Information Administration’s annual outlook for winter heating costs, released Tuesday from Washington D.C.
The United States nationwide average winter bill for homes that use natural gas, usually among the most up and down pricing of commodities, is expected to total $891 for the winter 2007, up 9.5 percent from last year’s winter heating bill of 2006.
Natural gas, the most popular fuel in the Midwest, is expected to have a mild price increase, at least compared with the surging cost of heating oil and propane in this winter 2007. That’s according to the Energy Information Administration’s annual outlook for winter heating costs, released Tuesday from Washington D.C.
The United States nationwide average winter bill for homes that use natural gas, usually among the most up and down pricing of commodities, is expected to total $891 for the winter 2007, up 9.5 percent from last year’s winter heating bill of 2006.
Wednesday, October 10, 2007
Gazprom Gets $1.2 Billion from Ukraine
Russia's natural gas monopoly giant Gazprom has reached a deal on resolving Ukraine's debt for natural gas, Gazprom said October,9 2007. Russian Prime Minister Viktor Zubkov said Ukraine will pay $1.2 billion of the $2 billion debt by transporting natural gas from its underground storage areas to Gazprom conglomerate. The rest of the gas debt will be paid by natural gas suppliers in the Ukrainian market, Zubkov added.
Tuesday, October 9, 2007
Natural Gas UPS Trucks
ATLANTA - October 8, 2007 - UPS (NYSE:UPS) – United Parcel Service today announced it was adding 306 alternative fuel vehicles to its "green fleet" by placing an order for 167 Compressed Natural Gas (CNG) delivery trucks while taking delivery of 139 new propane delivery trucks in North America. Additionally, the company has launched an initiative to use biodiesel fuel in its ground support vehicles at the United Parcel Service Worldport® air hub in Louisville.
The CNG trucks will be deployed early next year in Dallas, Atlanta and four California cities -- Los Angeles, Ontario, San Ramon and Fresno. They will join more than 800 such vehicles already in use in the United States by United Parcel Service. The propane vehicles are joining nearly 600 propane trucks already operating in Canada and Mexico by United Parcel Service.
"While there's a great deal of interest in the research we're doing with new types of hybrids, 70 years of testing alternative fuel vehicles has taught us there are multiple technologies that can effectively reduce our dependence on fossil fuels as well as our carbon footprint," said Robert Hall, UPS's director of vehicle engineering. "Adding this many propane and CNG vehicles is going to have a very positive impact."
United Parcel Service's global alternative-fuel fleet now stands at 1,629 vehicles -- the largest such private fleet in the transportation industry - and includes CNG, liquefied natural gas, propane and electric and hybrid electric vehicles. The company also is working with the Environmental Protection Agency on a hydraulic hybrid delivery vehicle.
The propane and CNG trucks currently in the UPS fleet were converted from gasoline and diesel vehicles in the 1980s to run on alternative fuels. The new trucks are originally manufactured for alternative fuel use.
The chassis for the CNG trucks are being purchased in two sizes from Freightliner Custom Chassis Corporation. The trucks will feature engines from Cummins Westport that are expected to yield a 20 percent emissions reduction and 10 percent improvement in fuel economy over the cleanest diesel engines available in the market today. The truck bodies will be identical externally to the signature-brown trucks that now comprise the by United Parcel Service fleet and will be marked as CNG vehicles.
The new propane-powered vehicles were manufactured by Workhorse Custom Chassis and feature the latest technology in clean-burning propane engines provided by Baytech Corporation. Propane vehicles emit about one-third fewer reactive organic gases than gasoline-fueled vehicles. Nitrogen oxide and carbon monoxide emissions also are 20 percent and 60 percent less, respectively, than conventional vehicles.
The UPS propane vehicles will run on liquefied petroleum gas (LPG) provided at eight on-site fueling stations at UPS facilities in Canada. LPG is derived from petroleum during oil or natural gas processing and is cleaner-burning than regular gasoline.
The biodiesel initiative in Louisville is being launched with the support of a $515,000 federal grant that is helping offset some of the cost of building a fuel infrastructure at the airport. The infrastructure will provide a 5 percent biodiesel blend of fuel to run 366 ground support vehicles starting early next year.
Biodiesel is a clean-burning diesel replacement fuel that can be used in compression-ignition engines. It is manufactured from U.S.-produced oils such as soybean oil, recycled cooking oils or animal fats. The use of biodiesel reduces particulate matter, carbon emissions and volatile organic compounds.
by United Parcel Service, UPS, which just celebrated its 100th anniversary, began deploying alternative fuel vehicles in the 1930s with a fleet of electric trucks that operated in New York City. The company’s "green fleet" has traveled 126 million miles just since 2000.
While continuing to develop its alternative fuel fleet -- UPS already has invested more than $15 million in the effort -- the company also has purchased and is operating nearly 20,000 low-emission conventional vehicles. These vehicles have regular gas- and diesel-powered engines but employ the very latest technology and manufacturing techniques to reduce emissions as much as possible.
"Deploying alternative fuel vehicles and exploring renewable energy sources like biodiesel are just two of the many ways by United Parcel Service actively pursues its commitment to sustainable business practices," said Hall. "We have always believed that working green and working smart are synonymous."
UPS pursues a wide range of socially responsible and sustainable business practices designed to reduce our impact on the environment and improve communities around the world. UPS is included in the Dow Jones and FTSE4Good Sustainability Indexes, which evaluate corporations based on economic, environmental and social criteria. Learn more about UPS's responsible business practices at www.sustainability.ups.com.
The CNG trucks will be deployed early next year in Dallas, Atlanta and four California cities -- Los Angeles, Ontario, San Ramon and Fresno. They will join more than 800 such vehicles already in use in the United States by United Parcel Service. The propane vehicles are joining nearly 600 propane trucks already operating in Canada and Mexico by United Parcel Service.
"While there's a great deal of interest in the research we're doing with new types of hybrids, 70 years of testing alternative fuel vehicles has taught us there are multiple technologies that can effectively reduce our dependence on fossil fuels as well as our carbon footprint," said Robert Hall, UPS's director of vehicle engineering. "Adding this many propane and CNG vehicles is going to have a very positive impact."
United Parcel Service's global alternative-fuel fleet now stands at 1,629 vehicles -- the largest such private fleet in the transportation industry - and includes CNG, liquefied natural gas, propane and electric and hybrid electric vehicles. The company also is working with the Environmental Protection Agency on a hydraulic hybrid delivery vehicle.
The propane and CNG trucks currently in the UPS fleet were converted from gasoline and diesel vehicles in the 1980s to run on alternative fuels. The new trucks are originally manufactured for alternative fuel use.
The chassis for the CNG trucks are being purchased in two sizes from Freightliner Custom Chassis Corporation. The trucks will feature engines from Cummins Westport that are expected to yield a 20 percent emissions reduction and 10 percent improvement in fuel economy over the cleanest diesel engines available in the market today. The truck bodies will be identical externally to the signature-brown trucks that now comprise the by United Parcel Service fleet and will be marked as CNG vehicles.
The new propane-powered vehicles were manufactured by Workhorse Custom Chassis and feature the latest technology in clean-burning propane engines provided by Baytech Corporation. Propane vehicles emit about one-third fewer reactive organic gases than gasoline-fueled vehicles. Nitrogen oxide and carbon monoxide emissions also are 20 percent and 60 percent less, respectively, than conventional vehicles.
The UPS propane vehicles will run on liquefied petroleum gas (LPG) provided at eight on-site fueling stations at UPS facilities in Canada. LPG is derived from petroleum during oil or natural gas processing and is cleaner-burning than regular gasoline.
The biodiesel initiative in Louisville is being launched with the support of a $515,000 federal grant that is helping offset some of the cost of building a fuel infrastructure at the airport. The infrastructure will provide a 5 percent biodiesel blend of fuel to run 366 ground support vehicles starting early next year.
Biodiesel is a clean-burning diesel replacement fuel that can be used in compression-ignition engines. It is manufactured from U.S.-produced oils such as soybean oil, recycled cooking oils or animal fats. The use of biodiesel reduces particulate matter, carbon emissions and volatile organic compounds.
by United Parcel Service, UPS, which just celebrated its 100th anniversary, began deploying alternative fuel vehicles in the 1930s with a fleet of electric trucks that operated in New York City. The company’s "green fleet" has traveled 126 million miles just since 2000.
While continuing to develop its alternative fuel fleet -- UPS already has invested more than $15 million in the effort -- the company also has purchased and is operating nearly 20,000 low-emission conventional vehicles. These vehicles have regular gas- and diesel-powered engines but employ the very latest technology and manufacturing techniques to reduce emissions as much as possible.
"Deploying alternative fuel vehicles and exploring renewable energy sources like biodiesel are just two of the many ways by United Parcel Service actively pursues its commitment to sustainable business practices," said Hall. "We have always believed that working green and working smart are synonymous."
UPS pursues a wide range of socially responsible and sustainable business practices designed to reduce our impact on the environment and improve communities around the world. UPS is included in the Dow Jones and FTSE4Good Sustainability Indexes, which evaluate corporations based on economic, environmental and social criteria. Learn more about UPS's responsible business practices at www.sustainability.ups.com.
Monday, October 8, 2007
Kuwait to Product Natural Gas
Oil-rich Kuwait will begin producing free natural gas for the first time ever in December, but it will be for local consumption only, a senior official told the Kuwait News Agency on Sunday.
Farouk al-Zinki, chief executive of the state-owned Kuwait Oil Co., told the official news agency tha the company will initially pump 175 million cubic feet a day at the end of the year. He did not provide a date.
The company aims to reach a production rate of one billion cubic feet a day by 2015, said al-Zinki. That will cover only part of the country's need for gas, he said.
He did not elaborate, but Kuwait has been looking to import natural gas from Iraq, Iran and Qatar to use for generating electrical power and in petrochemical industries.
Farouk al-Zinki, chief executive of the state-owned Kuwait Oil Co., told the official news agency tha the company will initially pump 175 million cubic feet a day at the end of the year. He did not provide a date.
The company aims to reach a production rate of one billion cubic feet a day by 2015, said al-Zinki. That will cover only part of the country's need for gas, he said.
He did not elaborate, but Kuwait has been looking to import natural gas from Iraq, Iran and Qatar to use for generating electrical power and in petrochemical industries.
Sunday, October 7, 2007
India Back Tracking on Natural Gas Hike?
Petroleum and Natural Gas Minister, Murli Deora, today hinted that there may not be any increase in the prices of kerosene and liquified petroleum gas in the near future, though the final call on the matter would be taken by Prime Minister Manmohan Singh.
"We are trying to see that the common man, specially kerosene and LPG consumers, are not hurt. We don't want to increase even the price of diesel. The price increase issue will, however, be decided by the Prime Minister," Deora told reporters on the sidelines after inaugurating the new Tapti Compression and Processing Platform here.
Admitting that the Government is 'aware' of the increasing burden of oil subsidy, he said 'some solution is being sorted out'.
"We are trying to see that the common man, specially kerosene and LPG consumers, are not hurt. We don't want to increase even the price of diesel. The price increase issue will, however, be decided by the Prime Minister," Deora told reporters on the sidelines after inaugurating the new Tapti Compression and Processing Platform here.
Admitting that the Government is 'aware' of the increasing burden of oil subsidy, he said 'some solution is being sorted out'.
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