Skikda: 3 LNG trains destroyed/1 train costs $1.35 Billion

[jmcgowanjm]

So, basically a $3Billion+ explosion.

The report says 3 of 6 trains destroyed.

But articles are hard to find.

Some articles imply more damage like Stratfor,
but I can't afford the premiums.

http://gee.pennnet.com/news/news_display.cfm?Section=OGJNEWS&ArticleID=196832

The $1.35 billion first train is designed to produce
3.6 mtpa of LNG and the second train
is expected to double the plant’s capacity. The two-train
development is expected to cost approximately $1.9 billion.
Both trains will be built using the Phillips liquefaction
technology and they will share storage and
marine facilities.

www.arab-oil-gas.com/MAG/AOGMOctober.pdf

[papau]

1. Why did this 1/20 event get buried? - even Business Section buried!

http://www.cnn.com/2004/WORLD/africa/01/20/algeria.gas.ap/index.html

Algeria gas explosion kills 20

ALGIERS, Algeria (AP) --At least 20 workers died and 74 were injured after a tank filled with liquefied natural gas exploded at an Algerian refinery, an official told state radio Tuesday.

The cause of the blast, which occurred Monday evening, was not yet known, Algeria's energy minister, Chakib Khelil, told Algerian radio.<snip>


The blaze was contained to the port's liquefied natural gas complex, Khelil said Monday. The minister traveled immediately to the city about 500 kilometers (300 miles) east of the capital, Algiers. President Abdelaziz Bouteflika was expected to visit the site Tuesday.

The energy minister said the unit had been entirely destroyed.

"We will undoubtedly have to rebuild everything," Khelil told Algerian radio. The liquefied natural gas unit is one of seven complexes at the port.<snip>

<snip>
The energy minister said that a plant in Arzew, on the other end of Algeria's coast, would take over the refinement of liquefied natural gas ordinarily sent through Skikda.



http://gee.pennnet.com/news/news_display.cfm?Section=OGJNEWS&ArticleID=196832
Analysts downplay overall effect of Algerian LNG plant blast
Jan-20-2004 Sam Fletcher Senior Writer

HOUSTON, Jan. 20 -- Even as energy prices surged Tuesday, analysts downplayed the danger of any immediate fuel shortages following an explosion early that day that destroyed 3 of 6 trains at the Skikda, Algeria, LNG complex, some 500 km east of Algiers.

Reuters News Service reported oil futures prices hit new 10-month highs during early trading Tuesday after a huge blast at the LNG plant closed Algeria's largest refinery and main oil export terminal. The shutdown fueled concerns about global supplies with US fuel inventories already at extremely low levels. <snip>


Although the exact cause of the accident was still under investigation, the fact that the explosion occurred at a LNG facility is sure to cause uneasiness among members of the public and some politicians.

"It's the largest explosion connected with LNG that I know of," one international energy consultant at Purvin & Gertz Inc., Houston, told OGJ. "I'm sure it will affect the NIMBY (not in my backyard)syndrome. Having been involved in this industry all my life, I'm comfortable with ."

Ironically, he said, the mishap may strengthen existing proposals to build marine LNG unloading and gasification terminals off the US coast. <snip>

[jmcgowanjm]

2. Well, look at how active this post is

Look at every 18-22 year old boy carefully.
In two years they'll be fighting and dieing.

http://www.wolfatthedoor.org.uk/

And BTW papau, thanx for the extra info.

James