World

Bolivia

Peru

Trinidad &
Tobago

Venezuela

Institutional
links

Services
& Products

Welcome back on
26 -29 August,
ONS 2008

Bridging the energy gap
is ONS 2006 theme,
from 22-25 August,
in Stavanger, Norway

Centre for
Global Energy
Studies

 

 

PDVSA to finish Venezuela's CIGMA LNG project by 2013

CARACAS
Petroleumworld.com 10 12 07

Felix Rodriguez, president of PDVSA Gas, told the participants of the II Global Year Summit of Infrastructure of Natural Liquefied Gas, recently held on Mexico, that with an estimated investment of 3 thousand 700 million dollars, PDVSA foresees to finish the plant of natural liquefied gas, SIGMA complex located in Güiria, Sucre State, by the end of 2013, indicates a press release of the Venezuela's Ministry Energy.

Rodriguez said that the infrastructure works present 36% of progress, which will allow to the national oil industry to achieve the devised goals.

Likewise, he reported that the infrastructure will be able for the receipt, treatment, liquefaction, storage and shipping of 700 million cubic feet of natural gas, which means a production of 4.7 million metric tons of liquefied natural gas per year.

Venezuela has proven reserves that reach 180 trillion cubic feet of gas and expectations of 166 trillion cubic feet (50% out of it is offshore gas). Our country has 2.4 of the world reserves, 59% of Center and South America and 29.3% of America, he confirmed.

Therefore, he presented the business portfolio that PDVSA develops in matter of gas, specifically the projects lined on the Delta Caribbean West Plan.

In this way, he said that this plan includes projects like Mariscal Sucre, Deltan Platform, Cigma and the big gas pipelines engineering which will allow to connect Venezuela to the countries of the South, through the Transoceanic Transandean gas pipelines, as well as the Big Gas Pipeline of the South.

Translated by Felitza Nava

Story by Petroleumworld 12 10 07


Copyright© 2007 Petroleumworld. All rights reserved.

 

 

Send this story to a friend

Your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

Any question or suggestions, please write to:
editor@petroleumworld.com

Best Viewed with IE 5.01+
Windows NT 4.0, '95, '98 and ME +/ 800x600 pixels

Contact:editor@petroleumworld.com/phones:(58 412) 996 3730 or 952 5301
www.petroleumworld.com-Editor:Elio Ohep /Publisher-Producer:Elio Ohep.
Contact Email: editor@petroleumworld.com
Legal Information. CopyRight © 2002, Elio Ohep.- All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.