Density of bitumen 80/100
We have brought some pieces of news about the density of bitumen 80/100. So, stay with us to the end of this article, since you might find it useful.
Venezuela crude oil production increased
It is good to know that Venezuela’s daily crude oil production rose 100,000
barrels in January to a total of 520,000 barrels a day. In other words,
Venezuela’s daily production reports show that the average crude oil
production of the Venezuelan state oil company (Pedosa) and its foreign
partners in January increased by 100,000 barrels per day compared to
December and reached 520,000 barrels per day. To be more specific,
Venezuela’s initial average crude oil production in January was higher
than Pedosa’s planned level for the month, which was 461,000 barrels
per day, according to previous reports.
As the reports show, due to a plan to expedite the repair of closed wells
due to electrical and mechanical problems, the average production of
Pedosa and its partners in the oil-rich Orinoco belt region increased
by 70,000 barrels per day to 290,000 barrels per day. This figure is higher than
the volume reported in December. Unfortunately, no information was
available on the number of wells repaired in January, and they will
extend the good maintenance plan until the end of February.
Density of bitumen 80/100 & the global issues
Moreover, the Orinoco Belt is in southeastern Venezuela and contains the
world’s largest oil reserves; most of the region’s oil is extremely viscous. According to data provided by the Venezuelan government to the Organization
of the Petroleum Exporting Countries (OPEC) in 2019, Venezuela’s average
crude oil production this year was 1.10 million barrels per day.
Oil extraction from a Nigerian oil field is tripling
A private company in Nigeria plans to triple oil extraction from an oil field
in the country. According to Bloomberg, a private oil company Hirs Nigeria
plans to extract oil from an oil field it recently bought from the
Dutch Royal Dotschel, to return it to its previous level and turn it into one
of the most oil-rich fields in the country. Needless to mention that they
signed a $1 billion deal last month between Hirs and Royal Dotschel to
buy part of the square. Large international oil companies are striving as
far as they can to avoid the dangers associated with community relations
and focus on deep offshore fields. “We are trying to get the oil from this purchased field back to normal,” said Hires CEO. The field, called Shell,
once produced more than 100,000 barrels of oil per day but has now
reached less than 30,000 barrels. Since the late 2000s, local companies in
Nigeria have spent billions of dollars buying stakes in large companies
such as Shell and Chevron in the country’s oil and gas fields.
Iraqi oil exports increased
Roughly speaking, the Iraqi Ministry of Oil announced that the country’s
oil exports increased in January to 2,868,000 barrels per day. According to Reuters, the Iraqi Ministry of Oil announced on Monday (February 4)
that the country’s oil exports increased in January and reached 2 million
868 thousand barrels per day. The country’s oil exports in December were
2.846 million barrels per day. Besides, the ministry added that exports from
Iraq’s southern Basra terminals reached 2.770 million barrels per day
in January, up from 2.7 million barrels per day the previous month. Rising oil prices boosted Iraq’s oil revenue –
the country’s major source of revenue – to about $4.740 billion in January. The average oil price this month was about $53.29 a barrel.
Density of bitumen 80/100 in Iraqi bitumen
Iraq traded crude at an average price of $47.76 a barrel in December. It’s also important to know that the issue of air pollution in metropolitan areas,
fuel oil burning of power plants and blackouts due to high consumption
of digital currency farms, are among the most important issues that
are in different media with different perspectives and approaches. However, it seems that the difference of views and the lack of explanation of
the exact reasons for the recent blackouts, especially in the major
metropolises of the country, is due to the lack of transparency of
macro policies governing the electricity and energy industry.
Before addressing the issue of blackouts, it is necessary to clarify some
points about the capacities of the electricity industry. First of all, let’s not forget that the nominal capacity of the country’s power plants is currently
85,000 MW, which provides a working capacity of 58,000 to 60,000 MW
with a deduction of 15 GW of hydroelectric capacity due to its seasonality
and 10 GW for worn-out power plants. In the meantime, it is important
to note that consumption in peak summer consumption is a considerable
distance from the cold seasons of the year, which results in
the unemployment of $30 billion of the country’s assets in most
months of the year.
Density of bitumen 80/100 and the major market
In contrast, for gas, this consumption interval is repeated differently in
hot and cold seasons. Therefore, we can say that one of our most
important problems in the field of energy is the lack of an integrated structure. The result is a significant shortage of significant sources of gas and electricity
on numerous days of the year. In addition to the geographical area,
the high-temperature difference between hot and cold days of the year,
as well as the expansion of electricity and gas transmission lines with high
losses, has led to a significant waste of national resources. The clear result of
this policy is that we face electricity shortages in summer and
gas shortages in winter.