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Friday, October 11, 2019

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.

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