August 14, 2014
In a statement signed by NNPC spokesperson, Ohi Alegbe, this is as a result of the current plan to gear up the Kaduna Refining and Petrochemical Company (KPRC) for optimum production of the product to save the nation the huge foreign exchange spent on the importation of the product.
The Management of the Corporation, in a reaction to a story attributed to the Association of Bitumen Marketers and Distributors published in some national dailies recently, disclosed that plans are currently on to repair the “Riser” at the heavy crude oil reception facility at Escravos.
This will guarantee the importation of heavy crude for the production of bitumen at the Kaduna Refining and Petrochemical Company (KRPC), which is the only refinery configured to produce bitumen in the country.
The Management further stated that in the meantime, KRPC has about 5,005 metric tons of bitumen (also known as asphalt) for evacuation, and that a further 14,466 metric tons will be produced between now and September from available residue.
It explained that the KRPC has the capacity to produce 1,796 metric tons of asphalt per day or 592,680 metric tons per year of two major liquid and solid oxidized grades of bitumen while the current national demand is put at about 500,000 metric tons per year.
It noted that as soon as the “Riser” is repaired and the supply of heavy crude oil is guaranteed, there will be no need for further importation of bitumen.
July 23, 2014
This amount, the union said, could be used for other meaningful projects if the government had stopped importation of the product and encouraged its local production available at the Kaduna Refining and Petrochemical Company (KRPC).
Bitumen is a by-product of petroleum used for road construction and maintenance.
At a news conference in Kaduna on Tuesday, the National Vice Chairman of the association, Fred Nyabam, described the massive importation of bitumen into the country as a serious threat to the economic development of the nation.
He raised alarm over the activities of some few individuals who he described as ‘selfish individuals’ and ‘economic saboteurs,’ who he said had truncated all efforts made in the past to stop importation of bitumen into Nigeria and encourage local production.
“The brazen act of sabotage against the Nation is that over 60 per cent of all the Bitumen imported into Nigeria comes from a refinery in IRAN, whose Bitumen production capacity is not bigger than that of Kaduna Refinery,” he stated.
He, however, called for the intervention of the Federal Government to protect Nigerian bitumen products by reducing the cost of locally produced ones and stopping the importation in order to enhance local product.
Source- Nigerian Tribune
June 25, 2014
June 23, 2014
The judges in their ruling said that the construction of a bitumen road across the UNESCO World Heritage Site national park is ‘unlawful’. Celebrations broke out in court and elsewhere across Eastern Africa and the rest of the world when the essence of the ruling became known, though seen at the bright light of day does the judgment have a downside.
The judged only ruled on the illegality of a bitumen or tarmac road but left the question open about the construction of a gravel road along the same route, something the Tanzanian government had said they were considering. ‘They can still try to build a murram road because that has not been specifically ruled out.
If they start, we shall sue them again and seek an injunction against that also. But primarily now we must lobby for the government to accept that the Southern route around the Serengeti will bring greater benefits for a larger number of people and the route is only slightly longer. Germany’s KFW, or so I heard, is doing a feasibility study now for the new route after the Tanzanian government has accepted the proposal and the World Bank and Germany have both offered to finance the highway as long as it routes around the southern tip of the park and not go across it.
Knowing our government however we must remain vigilant. Today was a victory of sorts but the battle for survival of the Serengeti continues. This is not over by a long shot’ wrote a regular Arusha based conservation source when relaying the court decision yesterday afternoon.
The news about the highway plans were broken here in early 2010 and then triggered a growing support movement which via social media and other avenues rallied support from the world’s leading conservationists, show biz personalities, business moguls and many governments and international organizations making their opposition known to these plans in both direct and indirect contact with Tanzania’s President Kikwete and members of his government.
June 11, 2014
Pacific Future Energy says the new refinery will be “the world’s greenest” and will be built in full partnership with First Nations.
The company has already identified three sites, all in the Prince Rupert area, as potential locations for the refinery, which will process oil from northern Alberta. A feasibility study, which is currently underway, will determine the exact location of the refinery.
Shipping refined products as opposed to heavy oil will be much safer, according to Salameh.
“By shipping refined products, we will eliminate the threat of a heavy oil spill.”
In case of a spill, these products float on top of water and evaporate, according to Pacific Future Energy. Bitumen sinks in water, and is much harder to clean up.
The refinery is designed to be built in stages, with each “module” processing 200,000 barrels of bitumen per day. The bitumen will be converted into gasoline, diesel, and kerosene.
Once the project is fully up and running, it will be capable of producing up to 1 million barrels a day.
Pacific Future Energy says the project is viable regardless of the current market price of oil, because of its ability to produce a wide range of fuels.
The federal government’s decision on the Enbridge Northern Gateway pipeline is expected sometime this week.
Source - Globalnews
June 9, 2014
Chinese bitumen producer Luxiang has proposed a new plan for its
transformation, moving away from its bitumen business and foraying into
new energy after its lithium mine reported further delays, Guangzhou's
Money Week magazine reports.
Trading for Luxiang's shares listed in Shenzhen have been suspended since April 1 due to the ongoing restructuring of its assets. The company expects trading to resume before July 8, according to the latest statement released on May 7.
Luxiang came under the spotlight again after electric carmaker BYD announced a plan to issue new shares to fund the expansion of lithium-ion battery production, because of the association of the two companies, the magazine said.
Lu Xiangyang, Luxiang's second-largest shareholder, is a cousin of BYD chairman Wang Chuanfu, and Luxiang holds the rights to a top quality spodumene mine in Sichuan province, the magazine said.
Luxiang shares were bolstered by such connections following the company's acquisition of the mine in 2009, but the company has been hit by delays because of the local government's stalled efforts to expropriate land around the mine for expansion.
A Luxiang official handling investor relations recently told the magazine that the company is not working with BYD on any project, since the two are operating on two ends of the industry and Luxiang currently does not produce batteries, components for batteries or lithium salts.
An analyst also told the magazine that Luxiang is unlikely to see a positive impact from government incentives for development of new energy vehicles, which was behind the recent share price surge of companies expected to benefit from the policy.
On the other hand, Luxiang has made a series of announcements regarding its restructuring plan, including the acquisition of Dongguan Tec-Rich Engineering and a 51% stake in a natural gas company in Yulin in Shaanxi province.
Tec-Rich is a producer of equipment and lithium batteries, which will allow Luxiang to tap into the sector downstream, while natural gas fits the company's goal to move into the new energy business, according to Luxiang chairman Ke Rongqing.
The more surprising announcement was the company's sale of its bitumen subsidiary, which was made on May 12.
The sale marked Luxiang's exit from its 16-year-long core business of bitumen, which might lead to a difficult situation of losing an income source, while its mine has yet to generate revenue, the magazine said.
Whether investors would buy into Luxiang's latest restructuring plan after trading for its shares resumes remains uncertain, the magazine said.
Source -Want China Times
May 15, 2014
Transporting Bitumen Issue- The alternative view from Mr. David Black reproduced for your views.
In a letter (“Transport systen can handle diluted bitumen” May 14, 2104) Greg Stringham, on behalf of the Canadian Association of Petroleum Producers, makes assertions about the behavior of diluted bitumen (dilbit) in salt water that are at best half-truths.
He states dilbit floats on salt water and that it is no more dangerous at sea than other types of oil. That is wrong. It is more dangerous at sea, and infinitely more so than refined fuels like diesel and gasoline.
What Stringham doesn’t mention is the same report from Environment Canada that he quotes from, goes on to say that dilbit sinks in seawater when there is sediment present. Another study by a top U.S. environmental chemist, Jeff Short, says the same thing. It was filed by the Gitxaala Nation to the National Energy Board in March 2013, so Stringham is well aware of it. That study says animal and plant matter like plankton, as well as sediment, cause the dilbit to sink.
Our entire coast has sediment and plankton in abundance. All our rivers are glacial and full of silt. Plankton is omnipresent, which is why the whales are here, and shallow seas like Hecate Strait throw up huge amounts of sediment from the bottom in storms.
Dilbit will sink in our waters if there is a spill and it will harden up like caulking material on beaches and the intertidal zone. The intertidal zone includes large mud flats in the mid-coast because the tidal range is more than 20 feet there. How would we ever get them clean again?
Stringham also says our Canadian oil industry is interested in the Kitimat refinery idea. That is news to me. I have talked to all the companies and there is no interest whatsoever. That is why I am spearheading the project. It will keep dilbit out of tankers and provide an enormous value-add for B.C.
Canada’s oil industry needs a west coast pipeline. Coastal First Nations, the Yinka Dene First Nations, Prince Rupert, Kitimat, Terrace, Smithers, the provincial and federal NDP, the federal Liberals, the provincial and federal Green Party, many blue collar unions and the majority of folks in B.C. are against Northern Gateway’s idea of putting dilbit in tankers.
A refinery is economically viable. Why is it so hard for our oil industry to see that the way forward is to build a green refinery which will cut greenhouse gases by 50 per cent, create thousands of jobs, generate billions of new annual taxes, and gain acceptance for a safe pipeline?
Kitimat Clean, Black Press
Source -Sooke News
May 8, 2014
Fact is, oil producers are seeking increased access to existing and new markets – in Canada, the United States and internationally – to satisfy market demand for increasing Canadian oil production. All options to achieve that goal are worthy of study.
And diluted bitumen – oil sands bitumen diluted with natural gas liquids that allow it to flow – is no more dangerous than other types of crude oil.
Chemically, there’s nothing about diluted bitumen the transportation system cannot be prepared to manage. Whether it moves by pipelines or tankers, diluted bitumen meets all the same specifications and behaves the same as other crude oils.