Subscribe free to our newsletters via your
. 24/7 Space News .




ENERGY TECH
Few export options for gulf oil states
by Staff Writers
Dubai, United Arab Emirates (UPI) Jan 19, 2012


As Persian Gulf tensions mount over Iranian threats to close the strategic Strait of Hormuz, the region's energy producers are scrambling to find alternative export routes but the outlook is grim.

The U.S. Energy Information Administration estimates that if the narrow waterway at the southern end of the gulf is sealed, only around 3 million barrels of oil per day could realistically be redirected through Saudi Arabia via a trans-Arabian pipeline to the Red Sea port of Yanbu on the kingdom's west coast.

That's only a fraction of the estimated 17 million bpd in exports, mainly for Asia and Europe, carried by supertankers every day through the 4-mile-wide shipping lanes in the 112-mile-long strait from the gulf states into the Arabian Sea.

And there would be no other way to transport any of the 31 million tons a year of liquefied natural gas -- around 20 percent of world consumption - exported by Qatar every year.

That would be potentially calamitous for Britain, which military chiefs say imports 84 percent of its LNG from Qatar. All told, almost half the United Kingdom's gas imports come from the gulf.

"Britain's dependence on Qatari LNG has grown so stark that last year all but two cargoes on the product shipped into the U.K. came from the small Persian Gulf state," the Financial Times reported.

However, less than 1 percent of Britain's oil imports move through Hormuz.

Wood Mackenzie, the Scottish energy consultancy, says the United Kingdom lags far behind other gas importers, such as Japan, in "minimizing its vulnerability" to energy crises.

The United Arab Emirates says that a 230-mile overland pipeline it has been building to bypass the strait to carry oil to an offshore terminal in the emirate of Fujairah on the Gulf of Oman, south of Hormuz, is nearing completion.

But the $3.29 billion pipeline, with a capacity of around 1.5 million bpd, or most of the emirates' oil production, won't be ready until May at the earliest. Capacity is eventually scheduled to rise to 1.8 million bpd.

The much-delayed pipeline runs from Habshan in Abu Dhabi, the emirates' oil-rich economic powerhouse, to the Fujairah terminal, a major oil storage hub outside the strait.

Once the pipeline's up and running, it should help ease congestion in the Strait of Hormuz. But more importantly it will be a major step toward ensuring the security of gulf oil exports.

Other pipeline infrastructure in Saudi Arabia has been in place since the 1980s, when the kingdom built pipelines to avoid the gulf during the 1980-88 war between Iraq and Iran.

The Saudis, like the other gulf monarchies, backed Saddam Hussein's Baghdad regime during the conflict as Iraq was the bulwark between newly Islamist Iran and the Arab states strung out along the gulf's western shore.

That meant tankers carrying their oil exports were targets for the Iranians during the so-called Tanker War in 1984-88. All told, 546 vessels involved with the two sides were sunk or damaged, with 430 merchant seamen killed in the heaviest campaign against shipping since World War II.

Saudi Arabia's only operational pipeline is the 747-mile Petroline running westward from the eastern oilfields on the gulf to the Red Sea coast. The 5 million bpd Petroline is used to carry oil from fields around Yanbu to the port for export to Europe and North America.

It could theoretically carry 60 percent of Saudi exports to Yanbu. But it's tied up supplying markets west of the Suez Canal, leaving spare capacity at around 5 million bpd.

Iraq sends nearly 80 percent of its oil exports, drawn from fields in the south, through the gulf. The remainder is pumped north to neighboring Turkey's Ceyhan terminal of the eastern Mediterranean.

Baghdad, striving to boost oil production to fund national reconstruction, is reported to be seeking to boost volume through the northern pipeline from its current 1.5 million bpd by 1 million bpd to reduce reliance on the southern gulf route.

But the pipeline, repeatedly attacked by insurgents after the U.S. invasion in 2003, is in poor shape and is unlikely to be of much help to counter any Hormuz closure.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
The great gas hydrate escape
Richland, WA (SPX) Jan 20, 2012
For some time, researchers have explored flammable ice for low-carbon or alternative fuel or as a place to store carbon dioxide. Now, a computer analysis of the ice and gas compound, known as a gas hydrate, reveals key details of its structure. The results show that hydrates can hold hydrogen at an optimal capacity of 5 weight-percent, a value that meets the goal of a Department of Energy ... read more


ENERGY TECH
Roscosmos Revives Permanent Moon Base Plans

Russia talks of permanent moon base

Montana Students Pick Winning Names for Moon Craft

Students rename NASA moon probes Ebb and Flow

ENERGY TECH
Three Generations of Rovers with Crouching Engineers

Adjusting Robotic Arm on Amboy Rock

Space Agency Boss Blames Makers for Satellite Crash

'Flaws' blamed for Russian space failure

ENERGY TECH
International Code of Conduct for Outer Space Activities

US joins effort to draw up space 'code of conduct'

Voyager Instrument Cooling After Heater Turned off

The gadgets which stood out at CES

ENERGY TECH
China plans to launch 21 rockets, 30 satellites this year

Shenzhou 9 Behind the Curtain

China Plans to Launch 30 Satellites in 2012

China launches Ziyuan III satellite

ENERGY TECH
ISS Team Undertakes 'EPIC' Event

Photographing the International Space Station from Your Own Backyard

New crew arrives at international space station

NASA 'Smart SPHERES' Tested on ISS

ENERGY TECH
Inaugural Vega Mission Ready For Liftoff

SpaceX delays February flight to space stationl

Canaveral has busy 2012 launch schedule

China to launch Bolivian satellite in 2013: Chinese Ambassador

ENERGY TECH
Re-thinking an Alien World

Scientists Discover a Saturn-like Ring System Eclipsing a Sun-like Star

Planets around stars are the rule rather than the exception

Milky Way teaming with 'billions' of planets: study

ENERGY TECH
Raytheon sonars and desktops heading south

Photo industry mourns Kodak

Apple pushes electronic textbooks, teaching

U.S. denies radar affected spacecraft




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement