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New base special 03 august 2014
1.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 1 NewBase 03 August 2014 Khaled Al Awadi NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE Optimism over Kazakhstan energy outlook The National – UAE + NewBase Abu Dhabi investors should look to Kazakhstan for expansion opportunities while it is still cheap to enter its energy sector, according to the chief executive of an oil producer active in the country. Market fundamentals look positive, with Kazakhstan growing at 6 per cent annually, and the country aiming to produce 2 million barrels per day by 2020. The Kazakh government is planning new tendering rounds over the next year, when it will award new exploration blocks. “Opportunities exist for energy firms across the spectrum, because the Kazakh government is actively pushing to increase [output],” said Don Streu, chief executive of Condor Petroleum. “National oil companies and energy juniors from the Middle East should pursue Kazakh opportunities right now as entry valuations are attractive.” Mr Streu said that Mubadala Petroleum, Ipic, Taqa and Dragon oil would all be well-placed to benefit from investing in the Kazakh energy industry. “Kazakhstan offers an opportunity for Abu Dhabi oil companies to diversify their supply sources so they don’t rely solely on domestic production,” he said. Condor Petroleum said it had identified 1.5 billion barrels of recoverable oil. But the country’s oilfields have presented international firms with technical challenges. The country’s US$50 billion Kashagan oilfield, with estimated recoverable reserves of up to 13 billion barrels, is operated by a consortium that includes Eni, Exxon Mobil, Royal Dutch Shell,
2.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 2 Total, and a state-owned Kazakh firm, KazMunaiGas. It was forced to stop production after a hostile environment caused problems for engineers. In April, production was halted after kilometres of pipeline were found to be defective. This was due to extreme water pressure alongside very high concentrations of hydrogen sulphide, which is a flammable, poisonous gas that can dissolve metal. But the Kashagan project also has to cope with pack ice, occasional freezing of water surrounding pipes, the building of pipeline through swampland and the construction of artificial islands to harvest the oil. Kashagan is a very large part of the country’s oil production, said Julia Nanay, an analyst at IHS Energy. “Meeting production targets after this year could be problematic without Kashagan,” she said. “The goal of compensating Kashagan’s “lost” barrels in 2014 can be achieved by either containing declines at some of the older fields or pushing more barrels out of fields with flat or rising output or a combination of both.” On Wednesday, the Kazakh oil minister, Uzakbai Karabalin, said production could resume in 2016. Mr Streu was confident that most technical problems faced by energy firms in Kazakhstan could be overcome. “Sour oil and gas … contain[ing] high percentages of hydrogen sulphide, is encountered in numerous fields worldwide. The industry has developed the ability safely to deal with hydrogen sulphide,” he said. And while “some of the offshore oilfields in the Caspian Sea have to deal with ice flows during the winter season … this challenge has also been overcome,” he said. Austria’s OMV, in which Ipic holds a stake, said this month that it would take a €110 million (Dh452.5m) impairment in Kazakhstan due to unsuccessful field redevelopment. OMV operates four producing onshore oilfields; Tasbulat, Turkmenoi, Aktas and Komsomolskoye in the
3.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 3 Mangistau region of West Kazakhstan near the Caspian Sea, according to its website. Kazakhstan’s positive macroeconomic outlook, driven by rising oil revenue, is a cause for optimism, analysts say. “Kazakhstan was the first to pay off its International Monetary Fund debts following economic reconstruction in 2000, seven years ahead of schedule; it was the first regional state to obtain a favourable credit rating; the first to implement financial institutions approaching western standards of efficiency and reliability; and the first to develop and introduce a national, fully funded pension programme,” John Daly, an academic who covers Kazakhstan, wrote in the May issue of the Central Asia-Caucasus Institute Analyst journal. The government intends to take advantage of this benign environment to follow a model of export- oriented industrialisation. Richard Weitz, writing in the March issue of the same journal, said that Kazakhstan should take advantage of “rising global demand for [its] energy products to construct a strong manufacturing sector and follow the successful modernisation paths of Singapore, South Korea, and the other already successfully industrialising states”. Easy access to the Chinese market is another boost to producers. Construction of the Atasu- Alashankou oil pipeline between Kazakhstan and Xinjiang in China, which is expected to have a maximum capacity of 20 million tonnes per year, began transporting oil in 2005. “Given Kazakhstan’s close proximity and access to China, it competes very favourably with other countries striving to meet China’s energy needs,” Mr Streu said. Kazakhstan has been working to attract international investment into its energy and other industrial sectors. KazMunaiGas is weighing a potential stock market flotation in London, media reported last month. Last November, DP World and the Kazakhstan national railway company, Kazakhstan Temir Zholy, signed an agreement for DP World to provide management services for the development of the new Khorgos Special Economic Zone and Inland Container Depot. DP World is also providing similar services under a separate contract at the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea.
4.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 4 KSA shifting to unconventional gas resources SG ( S.R Husain ) + NewBase SAUDI Arabia's decade long 'Gas Initiative' is unraveling - taking new turns and twists! Launched by the then Crown Prince, and now Custodian of the Two Holy Mosques King Abdullah Bin Abdul Aziz, way back in September 1998, when during an hour long private meeting with senior executives of seven US oil majors he invited them to help develop the Kingdom's energy resources. The unexpected overture, which took everyone by surprise then, was made at the opulent McLean, Virginia, residence of the then Saudi ambassador in Washington Prince Bandar Bin Sultan. Those attending the meeting included senior executives from four American oil giants - Mobil, Exxon, Texaco and Chevron - which established the Arabian American Oil Co., now known as Saudi Aramco, in the 1930s. Senior executives from Atlantic Richfield, Conoco and Phillips Petroleum also attended. The executives attending the meeting were apparently "shocked" at the offer, reports later said. The Saudi Strategic Gas Initiative was heralded as the first foreign investment in Saudi Arabia's upstream energy sectors. Western oil firms shown strong interest in the Initiative, hoping that a foot in the door with less than desirable gas projects might ultimately be rewarded with more lucrative upstream crude deals. Initially, the three mooted gas projects focused on a $15 billion scheme to develop gas reserves in South Ghawar field and two minor $5 billion ventures that involved gas production for petrochemical, power and water desalination projects. However, internal opposition and drawn out negotiations, as well as questions about the Aramco reserve estimates, stifled the early euphoria. The Initiative ended up with only a handful of projects, led mainly by Russian, Chinese and European firms. US oil majors which had originally negotiated for participation, interestingly abstained. The revised gas projects entailed exploration and processing of the non-associated gas found in designated blocks in Empty Quarters. In October 2003 Royal Dutch/Shell and France's Total finalized agreement with Saudi Aramco for the Shaybah gas project, covering a 200,000 square kilometer area of the Empty Quarters. Initially Shell, which led the consortium, had a 40 percent stake in the project with Total and Saudi Aramco each holding 30 percent stake. In May 2004, Russia's Lukoil was also awarded an 80 percent stake in 29, 900 sq.km. Block A and China's Sinopec was also awarded 80 percent stake in 38,800 sq.km Block B with Saudi Aramco holding the remaining 20 percent in both the blocks.
5.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 5 Italy's ENI and Spain's Repsol-YPF, won 50 percent and 30 percent stakes respectively in the 52,000 km, Block C with Saudi Aramco accounting for the remaining 20 percent. The entire Initiative however is in doldrums! Early last month, Royal Dutch Shell announced ending investments in the project, complicating efforts to exploit the gas potential in the Kingdom. Already last year, industry sources told media that Royal Dutch Shell was set to end investments in the venture due to disagreements over terms. At least three other foreign firms - Italy's ENI, Spain's Repsol and France's Total - have also abandoned the search for commercially viable gas deposits in that part of Saudi Arabia. Shell stuck it out longer in its South Rub Al-Khali Co. (SRAK) project after finding small quantities of sour gas in Kidan, near the Shaybah oilfield. Sour gas has high levels of potentially deadly hydrogen sulphide and therefore is tougher to produce than conventional gas reserves. The relatively high cost of developing challenging deposits while gas sales prices fixed at a fraction of probable production costs were discouraging Shell and others, industry sources familiar with the matter were quoted by Reuters earlier. When Eni and Repsol quit the project two years ago, media reports said that the companies opted to leave out because even if gas was discovered easily there, the find would not have been economically feasible due to the hydrogen sulphide richness of the 'sour' gas located in the area. Last year it was also reported that China's Sinopec too had suspended drilling operations in the Empty Quarter. Low domestic gas pricing has been an issue here. Saudi Aramco corridors in Dhahran have been abuzz with voices calling for changes in the price regimen. The country will not be able to develop the known gas resources in the Rub Al Khali (Empty Quarter) desert until the government raises the domestic gas price, Saudi Aramco CEO and president Khalid Al Falih was quoted in press as saying. “One challenge we have is the pricing of gas is very low in Saudi Arabia and does not make unconventional gas or tight gas in the Rub Al Khali economic,” he argued. Al Falih said he hopes the gas price issue “will be addressed by the government in due course.” However, he refrained out from providing any timeline. The focus is now shifting to unconventional resources. Saudi Oil Minister Ali Al-Naimi had estimated the country's unconventional gas reserves - those held in reservoirs that have not been traditionally exploited - at over 600 trillion cubic feet, more than double the proven conventional reserves of 288 trillion cubic feet. Saudi deserts may hold as much as 645 trillion cubic feet of technically recoverable shale gas, the world's fifth-largest deposits, behind China, the US, Argentina and Mexico, according to estimates by Baker Hughes Inc. Russia's Lukoil was reportedly interested in tapping unconventional gas deposits in the Empty Quarter. "This is tight gas. The negotiations are under way. No details on deal and future production plans yet," a spokesman for Lukoil Overseas was quoted as saying.
6.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 6 And in order to make unconventional gas economically viable, Saudi Aramco is endeavoring to reduce the cost of producing natural gas from so-called tight rock formations, putting it on equal footing to gas from the best plays in the US. Saudi Aramco, is now targeting a cost of$2 to $3 per thousand cubic feet of tight gas, Adnan Kanaan, of Aramco's Gas Reservoir Managing department said in a report published last month by the Society of Petroleum Engineers. The Kingdom, holding the world's fifth largest proven reserves of gas, expects domestic demand for natural gas - used mainly for power generation - to almost double by 2030 from 2011 levels of 3.5 trillion cubic feet per year. After a decade of efforts, finding new gas resources still remains one of the key challenges before the energy managers of the Kingdom. NewBase Commentry :- It is obvious that with growth in population in the KSA more electricity & water will be needed, thus more energy source ( low cost ) are indeed needed . i.e. natural gas , rather than the current crude oil usage in power plants . To save oil revenues being wasted in fuel subsidies and power generation , along with low priced gas to mega chemical plants when international oil & gas price are 10 times the sale prices in KSA . There are many steps to save the energy crises expected :- 1- Ignore the search for unconventional gas as its cost will never be below $5/MMBTU 2- Gradually remove fuel , electricity, water & gas to industries subsidies to reach international prices or 10 % less 3- Divert the above budget allocated for the above ( step 1& 2 ) to renewable energy sources a long with nuclear power generation in coastal areas ,,, this is a must to survive the crisice 4- Study the break even cost for the gas injection in EOR with alternatives solutions to increase or degrease the gas injection during summer , using international gas prices . 5- Allow private companies to generate power and government to contract in BOOT basis along with other industrial practices currently impleneted in UAE using private companies. 6- Pressure to speed up the construction of the GCC power and water master grid to efficiently generate power where gas is more available and at lower prices ,, Qatar could house the master power station . 7- Ignore the construction of LNG terminal on the Red Sea coast and utilize the budget in renewable , as this will escalate the gas prices issue a long with gas shotages issues .
7.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 7 Kuwait Oil Company evaluates bids on Lower Fars Phase-1 project The wholly state-owned Kuwait Oil Company (KOC) is planning to drill more than 900 wells to develop the heavy crude oil lying in the Lower Fars field in the north of Kuwait. Discovered in 1978, the Lower Fars formation belongs to the Ratqa field, a reservoir saturated by crude oil. Located along the Iraq border, the structure of Lower Fars reservoir lying in a shallow sandstone underground appeared very quickly fragmented and heterogeneous, thus very challenging to develop. Classified as extra heavy crude oil the gravity of the Lower Fars field is ranging between 17 API and 11 API while the viscosity may vary from 10s to 1000s centipoises. Because of its low depth in the ground, Lower Fars reservoir has a low natural pressure that will not help the exploration and production of the field.
8.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 8 Despite all the challenges mentioned above, KOC intends to develop Lower Fars in order to compensate the depletion of aging fields such as Burgan in targeting 5 million barrels per day (b/d) of crude oil production in Kuwait by 2020. In 2010, KOC awarded Foster Wheeler the front end engineering and design (FEED) contract for the development of the Lower Fars field. In 2012, WorleyParsons completed this FEED work. According to WorleyParsons FEED conclusions, KOC has decided to develop Lower Fars in phases. With $7 billion capital expenditure, KOC is planning to produce 60,000 b/d of crude oil by 2018 in a first phase. Drilling 900 wells then more than 1,300 wells, KOC is planning to ramp up the production up to 270,000 b/d of crude oil from Lower Fars. The Lower Fars production is calculated to supply the giant Al-Zour New Refinery Project (NRP) running in parallel. Because of the nature of the extra heavy crude oil in Lower Fars reservoir, KOC and WorleyParsons have decided to use the cyclic steam stimulation (CSS) technique. Usually implemented in water-rich countries, such as Canada, the CSS technique will require in Kuwait significant offsites and utilities to support the process. Therefore Worley Parsons designed the Lower Fars Phase-1 project in three packages: - Oil central processing facility (CPF) with water treatment and waste treatment - Pipelines systems including crude oil inlet, water inlet and oil export to terminal - Offsites and utilities plus all associated infrastructures KOC qualified ten engineering companies for these three engineering, procurement and construction (EPC) contracts. Then KOC called for tender these Lower Fars EPC packages on October 2013. Four engineering companies were bidding the first package estimated to $4.5 billion capital expenditure to be awarded on second half 2014.
9.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 9 US: Oregon LNG wins DoE exports approval Press Release Oregon LNG has received authorization from the U.S. Department of Energy (DOE) to export liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the U.S.The approval comes notwithstanding recently announced modifications to DOE’s licensing review process and adds strong momentum to Oregon LNG’s project, which is one of the most advanced in the review process conducted by the Federal Energy Regulatory Commission (FERC). “We applaud the DOE decision which places Oregon LNG in a very small group of projects in North America that have received conditional DOE approval for non-FTA exports,” said Peter Hansen, Chief Executive Officer of Oregon LNG. This approval allows the largest Asian buyers to purchase from Oregon LNG, which already has authorization to ship to any of the twenty nations with which the U.S. has an FTA. “DOE approval is an important step towards the development of a project that will improve energy security for many of our country’s key trading partners while simultaneously providing Oregon with significant economic benefits and growth opportunities,” explains Hansen. “Oregon is one of the nation’s most trade-dependent states, with trade supporting almost 500,000 Oregon jobs in 2012,” Hansen noted. “The Oregon LNG project will strengthen Oregon’s overall economy and its position in international trade,” he adds. The $6.3 billion project will create more than 3,000 direct construction jobs with specific amounts of project spending to be directed towards small, local businesses. Also, the project has agreed to create new opportunities for minority-, women-, and veteran-owned businesses. More than 150 highly-paid workers will run the plant on an ongoing basis, and the Oregon LNG project will create more than 1,500 additional indirect and induced jobs in the region. Canada’s National Energy Board recently authorized Oregon LNG to source from Canada, the majority of the natural gas to be exported through the proposed terminal, which means that the Warrenton facility could be operated with little or no impact on the price or supply of U.S. natural gas. The Oregon LNG project will have the lowest pipeline transportation cost from Canadian gas fields of any West Coast project.
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Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 10 Glencore gets $7 billion from Las Bambas mine sale AFP + NewBase Glencore Plc said it received $7 billion from the sale of one of the world’s largest copper projects, the Las Bambas mine in Peru, and is expected to return at least half the cash to its shareholders. Swiss-based Glencore’s announcement yesterday was the first time the final sum for completion of the sale of Las Bambas to China’s MMG Ltd and its partners has been revealed. Glencore had to sell the Las Bambas project or other assets by September to win China’s approval for its takeover of miner Xstrata last year, as Beijing feared the merged group would hold too much sway over global copper supply. “Glencore will continue to look for opportunities to reinvest capital,” the company said. “Any surplus capital, subject to maintaining an efficient balance sheet… will be returned to shareholders, within an appropriate time frame and structure.” With the sale having closed on July 31, Glencore is in a strong position to announce a capital return to shareholders with its half-year results due on August 20, rather than having to wait until its annual results in February. “It’s a lot of cash they don’t particularly need on their balance sheet,” said Tim Schroeders, a portfolio manager at Pengana Capital. “I wouldn’t be surprised if they announced a special dividend or capital return at the half-year results.” He estimated the company would return $3 billion to $5 billion over 12 to 18 months, rather than in a single hit. MMG and its partners Guoxin International Investment Corp Ltd and state-owned CITIC Metal Co Ltd agreed in April to pay $5.85 billion, plus the money spent by Glencore since the beginning of 2014 on building the mine. MMG Chief Executive Andrew Michelmore was in Peru yesterday meeting the Las Bambas team and has said the company would run a detailed study before updating investors on plans for completing the mine and any revised cost estimates. The mine, due to start producing in 2015, is expected to produce 2 million tonnes of copper in concentrate in its first five years of operation.
11.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 11 US:West Coast governors ‘strongly oppose’ offshore oil lease sale Governors of California, Oregon and Washington are against the offshore oil & gas lease sale proposed by the U.S. Department of Interior. In a letter addressed to Sally Jewell, Secretary at U.S. Department of the Interior, Governor Edmund G. Brown of California, John A. Kitzhaber of Oregon and Jay Inslee of Washington said their respective states prefer clean energy and floating wind turbines, over a potentially devastating oil spill that could harm their coastal dependent economies. Below is the letter in full: “As Governors of California, Oregon, and Washington, we write to express our strong opposition to the inclusion of any new proposed oil and gas lease sale off our shared coast in the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program. Together, our three states represent the fifth largest economy in the world. Our ocean dependent industries contribute billions of dollars annually to our region and sustain our coastal communities. Residents and visitors from around the world enjoy the recreation, scenic, and spiritual bounty of our spectacular shores. While new technology reduces the risk of a catastrophic event such as the 1969 Santa Barbara oil spill, a sizeable spill anywhere along our shared coast would have a devastating impact on our population, recreation, natural resources, and our ocean and coastal dependent economies. Of equal importance is the commitment of our three states, together with British Columbia, to a comprehensive and far-reaching strategy to combat climate change and promote a clean energy economy, the Pacific Coast Action Plan on Climate and Energy. The Plan aligns closely with the President’s own Climate Action Plan. Our commitment to clean energy development in the marine environment is exemplified by the partnership to usher in the nation’s first floating wind project and wave energy test facility located off the coast of Oregon. Oil and gas leasing may be appropriate for regions where there is state support for such development and the impacts can be mitigated. However, along the West Coast, our states stand ready to work with the Obama Administration to help craft a comprehensive and science based national energy policy that aligns with the actions we are taking to invest in energy efficiency, alternative renewable energy sources, and pricing carbon. We must meet the environmental and economic imperative of climate change, and in so doing, seize the opportunity for our region and our nation to build a low-carbon economy that can be the envy of the world.”
12.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 12 Metal-based durables manufacturers are fueled by electricity and natural gas Source: U.S. Energy Information Administration, Unlike many manufacturing industries, the energy used for the production of metal-based durables (MBD) is mostly electricity and natural gas, rather than other fossil fuels (residual fuel oil, diesel, liquefied petroleum gases, natural gas liquids, and coal) or renewable sources. MBD producers are therefore well- positioned to benefit from energy efficiency programs and the increased availability and lower cost of natural gas. MBD industries comprise fabricated metal products, transportation equipment, machinery, computers and electronic products, and electrical equipment appliances and components. Cutlery, aircraft engines, photocopiers, computer hard drives, and electric motors are some examples of the many products produced in the MBD industries. Many other industries are more energy intensive than MBD industries, including petroleum and coal products, paper, primary metals, and chemicals. MBD industries used 942 trillion British thermal units (Btu) of energy in 2010, according to the EIA Manufacturing Energy Consumption Survey (MECS) 2010. This represents 7% of total manufacturing energy use. MBD industries used 466 trillion Btu of electricity in 2010, representing nearly 20% of total electricity use in manufacturing. Electricity accounted for nearly 50% of total energy used by MBD industries. Some other industries where electricity use accounts for 40% or more of their energy use include textile mills, apparel, and aluminum production. MBD manufacturing is typically housed in a building, and the manufacturing processes are not as energy intensive as many other industries. Direct non-process electricity use, which includes facility heating, ventilation, and air-conditioning (HVAC), facility lighting, and other facility support, represents 36% of MBD electricity use as compared to 14% of electricity use in other manufacturing (see graph below). As a result, buildings are a particularly important part of efforts to reduce energy use in the MBD industries.
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Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 13 EIA's Annual Energy Outlook 2014 (AEO2014) projects that shipments for MBD industries will increase substantially from 2012 to 2040. MBD industries will benefit from the increased availability and lower cost of natural gas. These industries are expected to continue to have high levels of innovation that contribute to growth, particularly in the computers and electronic products and transportation equipment industries. MBD industries are also expected to continue to improve their international competitiveness. Given the high dependence of MBD industries on electricity, there are significant potential benefits from improved energy efficiency associated with machine drives, buildings, and the reduction of losses associated with on-site electrical distribution systems. Source: U.S. Energy Information Administration, Annual Energy Outlook 2014 Reference case
14.
Copyright © 2014
NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 14 NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE Your partner in Energy Services Khaled Malallah Al Awadi, MSc. & BSc. Mechanical Engineering (HON), USA ASME member since 1995 Emarat member since 1990 Energy Services & Consultants Mobile : +97150-4822502 khalid_malallah@emarat.ae khdmohd@hotmail.com Khaled Al AwadKhaled Al AwadKhaled Al AwadKhaled Al Awadi is a UAE National with a total of 24 yearsi is a UAE National with a total of 24 yearsi is a UAE National with a total of 24 yearsi is a UAE National with a total of 24 years ofofofof experience in theexperience in theexperience in theexperience in the Oil & Gas sector. Currently working asOil & Gas sector. Currently working asOil & Gas sector. Currently working asOil & Gas sector. Currently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation forTechnical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation forTechnical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation forTechnical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“ with external voluntary Energy consultation for the GCC area via Hawk Ethe GCC area via Hawk Ethe GCC area via Hawk Ethe GCC area via Hawk Energy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager innergy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager innergy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager innergy Service as a UAE operations base , Most of the experience were spent as the Gas Operations Manager in Emarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years , he has develoEmarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years , he has develoEmarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years , he has develoEmarat , responsible for Emarat Gas Pipeline Network Facility & gas compressor stations . Through the years , he has developed greatped greatped greatped great experiencexperiencexperiencexperiences in the designing & constructinges in the designing & constructinges in the designing & constructinges in the designing & constructing of gas pipelines, gas metering & regulating stations and in the engineering of supply routes.of gas pipelines, gas metering & regulating stations and in the engineering of supply routes.of gas pipelines, gas metering & regulating stations and in the engineering of supply routes.of gas pipelines, gas metering & regulating stations and in the engineering of supply routes. Many years were spent drafting, & compiling gas transportation , operation & maintenance agreements along with many MOUs forMany years were spent drafting, & compiling gas transportation , operation & maintenance agreements along with many MOUs forMany years were spent drafting, & compiling gas transportation , operation & maintenance agreements along with many MOUs forMany years were spent drafting, & compiling gas transportation , operation & maintenance agreements along with many MOUs for tttthe localhe localhe localhe local authorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE andauthorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE andauthorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE andauthorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE and Energy program broadcastedEnergy program broadcastedEnergy program broadcastedEnergy program broadcasted internationally , via GCC leading satellite Channels .internationally , via GCC leading satellite Channels .internationally , via GCC leading satellite Channels .internationally , via GCC leading satellite Channels . NewBase : For discussion or further details on the news above you may contact us on +971504822502 , Dubai , UAE NewBase 03 August 2014 K. Al Awadi
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