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PdV laying pipeline to start offshore gas flows

  • Märkte: Natural gas
  • 21.10.14

Venezuelan state-owned PdV is laying a subsea pipeline that will transport its first offshore natural gas production from the Dragon and Patao fields, which represent the first stage of the company´s 1.2bn ft3/d (33.6mn m3/d) Mariscal Sucre gas project.

The 68.3mi (110km) pipeline, to be completed by year´s end, will connect the shallow water fields to the Pagmi processing plant at the Mariscal Ayacucho industrial complex (Cigma) near Guiria in southeastern Sucre state.

PdV chief executive Eulogio del Pino said the Dragon-Cigma pipeline is the final component required to start offshore gas production from its Mariscal Sucre project located north of the Paria peninsula.

PdV plans to start producing up to 100mn ft3/d of gas in first quarter 2015, ramping up to 300mn ft3/d by mid-2015.

Mariscal Sucre is expected to reach peak first stage output of 600mn ft3/d by mid-2016, according to PdV.

The company has earmarked 100pc of Mariscal Sucre's first stage production to the local market, chiefly for state-owned utility Corpoelec and state-owned Pequiven's petrochemical plants in the western Venezuelan states of Carabobo and Zulia, Del Pino said.

Mariscal Sucre's gas will be transported from the Cigma complex to Corpoelec and Pequiven facilities through the existing 435mi General Jose Francisco Bermudez gas pipeline.

Western Venezuela lost gas supply in May 2014 when neighboring Colombia suspended pipeline shipments in anticipation of a drought that would diminish hydroelectric supplies. The offshore gas from Mariscal Sucre should help to displace some of the diesel that PdV has been importing to keep running the affected power and petrochemical operations.

PdV and Russian state-controlled Rosneft are currently negotiating a joint venture agreement to develop Mariscal Sucre's second stage, which involves producing a further 600mn ft3/d from the Mejillones and Rio Caribe offshore fields, Del Pino said.

PdV and Rosneft already have agreed that 100pc of Mariscal Sucre's second stage output of 600mn ft3/d will be exported, Del Pino added.

Venezuela and neighboring Trinidad and Tobago have previously discussed the possibility of liquefying Venezuelan offshore gas at its 15 t/yr Atlantic LNG facility.

Mariscal Sucre's four offshore gas fields – Dragon, Patao, Mejillones and Rio Caribe – hold combined gas reserves of 14.3 trillion ft3, according to PdV.

The start-up of the first stage of the project appears to coincide with plans by Spain´s Repsol and Italy´s ENI to launch gas production from the Perla offshore field, which lies in the Gulf of Venezuela over 700mi west of Guiria.

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