Strategic petroleum reserve and liquefied natural gas supplies. Final report. [Impact of LNG and/or oil embargo]

Technical Report · Tue Feb 15 00:00:00 EST 1977

DOI:https://doi.org/10.2172/6118353· OSTI ID:6118353

Fink, R. J.; Bancroft, B. A.; Palmieri, T. M.

The United States is planning to import liquefied natural gas (LNG) to offset the effects of our apparent dwindling natural gas supply. These imports would begin by the 1980s and would come from Algeria, Indonesia, Pakistan, Iran, Nigeria, and possibly the Soviet Union. If a disruption in LNG supplies were to occur, the impact to the nation could be eased by supplying oil to those with dual fuel (oil or gas) capability. The Strategic Petroleum Reserve (SPR) could be called upon to supply this oil if an LNG embargo were to occur simultaneously with a foreign oil embargo. To assist the Strategic Petroleum Reserve Office (SPRO) in planning the SPR, this report analyzes the impact which would be caused by an LNG embargo alone and a simultaneous LNG and oil embaro. The latter is of prime importance since incremental oil demand caused by an LNG only embargo could be met from the normal oil suppliers. Assuming a 15% industrial dual fuel capability and 0.4 trillion cubic feet LNG annual import level (likely lower limits), incremental oil demand caused by an LNG and oil embargo would be an insignificant 0.02 million barrels per day; should imports rise to 3.8 Tcf and dual fuel capability increase to 85% of gas consumption (probable upper limits) incremental oil demand could rise to 1.28 MMbbl/d which represents 39% of total demand on the SPR.

• Research Organization: TRW, Inc., McLean, VA (USA). Energy Systems Planning Div.
• OSTI ID: 6118353
• Report Number(s): DOE/TIC-10462
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
02 PETROLEUM
LIQUEFIED NATURAL GAS
DEMAND FACTORS
EMBARGOES
PETROLEUM
STRATEGIC PETROLEUM RESERVE
DATA COMPILATION
FORECASTING
TABLES
DATA
DATA FORMS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INFORMATION
NATURAL GAS
NUMERICAL DATA
RESERVES
RESOURCES
031000* - Natural Gas- Legislation & Regulations
021000 - Petroleum- Legislation & Regulations