Notes From All Over, Part 2 -- October 11, 2019

Gulf of Oman: this is a pretty cool story. Link here.

Fujairah’s strategic location. Being one of the seven emirates that make up the UAE, it’s the only one with a coastline solely on the Gulf of Oman and none on the contentious Persian Gulf.

But also something else:

Furthermore, the port’s Fujairah Oil Industry Zone (FOIZ), which hosts the Middle East's largest commercial storage capacity for refined oil products, tied-up with S&P Global Platts to deploy blockchain solutions in 2018 that facilitate submissions of weekly oil storage data by market participants, improving transparency.

EPD pipeline: from Rigzone. Data points:

• Midland to ECHO crude oil pipeline system to be expanded
• will link its 6 million-bbl Midland, TX, storage facility to its ECHO Terminal in Houston
• via its Eagle Ford system in South Texas
• would bypass a major Texas groundwater source -- would avoid the Edwards Aquifer
• set to be in service by 2021
• initial capacity: 450,000 bpd
• would be able to expand to 540,000 bpd

 Edwards Aquifer: a big, big deal in central, south Texas.