I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.
Joined: Sep 11, 2007 Posts: 375 Location: In freefall speed right down to the claws of the devil
Posted: Sun Jul 06, 2008 8:34 pm Post subject: Biofuels are bound to increase hunger in the world?.
Quote:
UPDATE 1-Brazil's Dedini sells four ethanol plants to PDVSA Wed Jul 2, 2008 3:54pm EDT
SAO PAULO, July 2 (Reuters) - Brazil's leading manufacturer of biofuel equipment, Dedini, said on Wednesday it has sold four ethanol distilleries to Venezuelan state oil company PDVSA.
Each plant will have a daily capacity to produce 700,000 liters of cane-based ethanol. The fuel will be used as an additive to gasoline, replacing a lead derivative used in Venezuelan gasoline, Dedini said in a statement.
A major oil producer, Venezuela plans to build 14 ethanol distilleries by 2012 with an output of 20,000 barrels per day of the biofuel, Dedini said.
The Brazilian company sold a pilot plant to PDVSA last year, with a daily capacity to produce 25,000 liters of ethanol.
This unit was the first of a broad project by the Venezuelan government to make the country self-sufficient in what it calls "ecological gasoline", a blend of ethanol (10 percent) with the fossil fuel, Dedini said.
Venezuelan President Hugo Chavez has criticized the use of food crops to produce biofuels saying it would increase hunger in the world.
Venezuela currently imports ethanol to mix in gasoline. Brazil is the origin for at least part of the imports.
ThedistillerieswillbebuiltinBarinas,Portuguesa,CojedesandTrujillostates. Equipment should be delivered in 17 months, Dedini said. (Reporting by Inae Riveras; Editing by Marguerita Choy)
Really interesting isn´t it?. Do as I preach, not as I do ........
By the way, we are already VERY short on most basic daily needs supplies and most of them come from either Colombia, USA and/or Brazil. After such brilliant move, who knows what are we gonna eat from there on.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap 
