Panama transshipment facility proposed

Journal Article · Mon Jun 27 04:00:00 EDT 1977 · Energy User News; (United States)

OSTI ID:7101561

Schroeder, C

The government of Panama and Northville Industries in the United States have announced a plan to speed surplus Alaskan oil to the Midwest through a transshipment and storage facility. The proposed facility of 450,000 barrels-per-day capacity is designed for easy expansion and is expected to be utilized after proposed pipelines to the Midwest and East are operating, as well as handling the oil until they are completed. This proposal is felt to be less costly than the suggested exchange of Alaskan oil to Japan and Arabian oil to the U.S. East Coast, although the world price for oil will put the savings in company profits rather than lower prices for consumers. The facility, planned for the west coast of Panama, will transship crude oil from very large to small carriers able to pass through the canal. A storage facility in Panama will relieve supply problems due to bad weather delays in shipments from Alaska. (DCK)

• OSTI ID: 7101561
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 2:25; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
022000* -- Petroleum-- Transport
Handling
& Storage
024000 -- Petroleum-- Storage-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ALASKA OIL PIPELINE
CENTRAL AMERICA
COST
DISTRIBUTION
ENERGY SOURCES
ENERGY SUPPLIES
EVALUATION
FOREIGN POLICY
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
LATIN AMERICA
PANAMA
PETROLEUM
PIPELINES
PROFITS
SHIPS
STORAGE FACILITIES
TANKER SHIPS
TERMINAL FACILITIES
TRADE
TRANSPORT
WEATHER