Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (53712)	9/27/2004 2:56:04 AM
From: Taikun	Read Replies (2) of 74559

20m tons/year is approx 4.9m barrels, or 130,000bpd. That is very small. Just one of Iraq's many pipelines is 1m bpd. money.cnn.com I would have thought it would need to be larger, both to satisfy China's demand and to stimulate Russia'a oil industry. "On this subject, the Russian government has talked about joint actions with the aim of supplying 6 million tons of oil to China in 2004, 10 million in 2005 and 15 million in 2006" themoscowtimes.com Looks like 10mbpd initially: The Atasu-Alashankou pipeline would initially carry 10 mm tpy (200,000 bpd) of Kazakh Kumkol crude annually and cost an estimated $ 700 mm to $ 850 mm, making it seem relatively modest. Officials expect construction to start perhaps as soon as August and to be completed by the end of next year. An additional 10 mm tons of capacity would be added by 2011. gasandoil.com Russia did, however, give assurances that it will deliver crude oil by rail to China - amounting to 10 million tonnes in 2005 and rising to 15 million tonnes in 2006. abc.net.au There were plans for a larger one that were scrapped. That was to be 30m tons The initial capacity of the line will be 400,000 barrels per day (bpd) - 30 million tons per annum. atimes.com China must be peeved at being jerked around for two years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next