Strategic Petroleum Reserve quarterly report, July 1--September 30, 1991
Technical Report
·
OSTI ID:6003777
The Strategic Petroleum Reserve crude oil storage development program for 750 million barrels was completed this quarter. The final 2.3 million barrels of new gross cavern volume was developed at Big Hill and Bayou Choctaw during the quarter. The Department's competitive Invitation for Bids (IFB) for the sale of the Sulphur Mines facility as an operating petroleum storage site elicited no bids. The IFB was received by 85 firms. Discussions with the General Services Administration (GSA) regarding the transfer of the property to GSA will be initiated in the next quarter. There were no crude oil deliveries to the Strategic Petroleum Reserve during the calendar quarter ending September 30, 1991. Acquisition of crude oil for the Reserve has been suspended since August 2, 1990, following the invasion of Kuwait by Iraq. As of September 30, 1991, the Strategic Petroleum Reserve inventory was 568.5 million barrels. (VC)
- Research Organization:
- USDOE Assistant Secretary for Fossil Energy, Washington, DC (United States). Office of Strategic Petroleum Reserve
- Sponsoring Organization:
- DOE; USDOE, Washington, DC (United States)
- OSTI ID:
- 6003777
- Report Number(s):
- DOE/FE-0220P-3; ON: DE92006992
- Country of Publication:
- United States
- Language:
- English
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