June 21 2008

Argentina: “El peligro de implementar cortes está latente”

The local bus companies have suffered a shortage of diesel that is repeated throughout the country. Cuts have not been made in service yet, but they do not rule out implementing cuts in the future if the problems continues.

Argentina: Por falta de combustible, bacheo y pavimentación a media máquina

The drought at the pumps in the city continues to complicate a wide range of sectors. These include urban services that reduced their work by up to 50 percent. In particular, the work of paving roads.

Cambodia: Chinese companies to build hydro-power plants for Cambodia

Cambodia has been in extreme shortage of power. Electricity even sells one U.S. dollar per kwh in some rural areas.

The government has been pursuing a strategy to develop hydro-power projects along the Mekong River to meet the desperate demand for electricity.

Iran: Iranians told to save power or face daily blackouts

Iranians on Saturday were told to cut their electricity consumption by 10 percent or face daily power cuts because of a severe drought and low production at hydroelectric power plants.

Residents of the capital Tehran could face up to four hours of blackouts each day, officials said according to media reports.

"If consumers do not cut down consumption by 10 percent, we will have blackouts until the end of the summer," Deputy Energy Minister Mohammad Ahmadian told Fars news agency.

Mexico: Fuel crisis taking TJ truckers off the road

Public transit operated in the city with no apparent problem Friday, but truckers say their workdays are numbered due to the shortage of diesel fuel.

On the outskirts of town, dozens of truckers transporting merchandise from other cities are stuck, some for as long as three days

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Mexico: Pemex envía 300.000 barriles de diesel a frontera para superar la escasez

The state company Petroleos Mexicanos (Pemex) said today that sent 300,000 barrels of diesel fuel to the northern border, mainly in Baja California, to overcome fuel shortages caused by price rises in the south U.S..

Nigeria: Chevron says Nigerian pipeline breached

Chevron Corp. said Saturday one of its Nigerian joint venture's pipelines had been breached, a disruption claimed by young Nigerian militants and said to have curtailed oil output of 120,000 barrels a day.
The San Ramon, Calif. oil major released a statement by the company's Nigerian business unit, Chevron Nigeria Ltd., which said the operator "can confirm that one of its pipelines was breached at about 10:40 p.m. on Thursday, June 19, 2008 in the swamp area of Delta State."

Nigeria: Chevron Halts Nigeria Onshore Oil Output After Attack (Update1)

Chevron Corp.'s Nigerian unit halted onshore oil production after one of its pipelines in Delta state was ``breached'' by a suspected act of sabotage. A militant group said the attack was carried out by ``patriotic youths.''

About 120,000 barrels a day of crude have been halted by the blowing up of the pipeline, Agence France-Presse reported today. That equates to about 6 percent of the nation's daily output, according to Bloomberg calculations. The incident, which occurred June 19, has been reported to authorities, San Ramon, California- based Chevron said in an e-mailed statement today.

Nigeria: Nigeria militants attack pipeline, cut output

Armed youths blew up a Nigerian crude oil pipeline operated by U.S. major Chevron (CVX.N: Quote, Profile, Research), a militant group said on Saturday, cutting more output from the world's eighth largest oil exporter.

The Movement for the Emancipation of the Niger Delta (MEND) said it was contacted by youths claiming responsibility for Thursday's attack on Chevron's Abiteye-Olero crude pipeline and commended their action.

The military said about 120,000 barrels per day of crude oil production were shut by the sabotage.

Nigeria: Nigerian rebels ask foreign workers to leave oil installations

Nigerian militants blew up a key oil supply pipeline operated by Chevron, in the latest attack targeting the country's multi-billion-dollar oil industry, company and military sources said Saturday.

The US oil giant was forced to shut down operations as a result of the attack it said occurred Thursday night in the volatile Niger Delta, halting output by 120,000 barrels per day, an industry source said.

The latest attack came hours after Anglo-Dutch oil giant Shell said it could not promise to deliver 225,000 barrels per day for June and July following an unprecedented raid on its offshore Bonga oilfield.

Pakistan: Shortage of petrol products tormenting consumers

Several petrol pumps, affiliated with different Oil Marketing Companies (OMCs), have stopped selling oil products in the city due to the shortage of supply since the last couple of days.

The shortages of oil products at petrol pumps have caused consumers to suffer, particularly in those areas where the petrol pumps are in limited numbers. Besides Karachi, the supply shortage has been reported in other cities of Sindh and NWFP.

Philippines: NORECO power rates to go up in 3 years

According to Chito Lozano of the technical division of NORECO 2, the cooperative is presently negotiating with an IPP to address the growing demand for electricity in this part of the country.

The Naga-based KEPCO and Salcon Power Plant will be operating a coal-fired power plant by 2011, while Global Business Power Corp. held its groundbreaking activities in January this year.

Lozano said the entry of the IPPs is a welcome development because of a forecasted power shortage.

Sri Lanka: New Fuel Policy

That said, the best solution to the present crisis is an improved public transport system. If Sri Lanka had clean, efficient and fast trains and equally good, uncrowded buses many motorists will opt to keep their cars at home. The proposed Park and Ride concept, whereby drivers can park their cars and take an air-conditioned shuttle to the City, is a step in the right direction.