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BP declares force majeure at Singapore

Bridge News

Singapore--Jan 25 -- BP Amoco has declared force majeure on 2 gas oil cargoes that were acquired by 2 trading companies in Singapore, with traders attributing the failure of the European oil major to deliver the oil product to a technical fault at the 285,000 barrel-per-day (bpd) Singapore Refining Company (SRC).

-- snooze button (alarmclock_2000@yahoo.com), January 26, 2000

Answers

Shit.

-- Hokie (Hokie_@hotmail.com), January 26, 2000.

I'll second what Hokie said. I wonder how long they're going to be able to keep this in media blackout land.

-- Gia (laureltree7@hotmail.com), January 26, 2000.

All in favor.....Motion carried.

What type of "Technical glitch" causes you to load TWO tanker loads and THEN decide it doesn't pass QC????? C

-- Chuck, a night driver (rienzoo@en.com), January 26, 2000.

Any information the media receives seems to disapear into some gigantic black hole if it can be linked in anyway to the Y2K bug. After all they declared it dead after the rollover.

-- David Whitelaw (Dande53484@aol.com), January 26, 2000.

How dare you say I have any black holes? And when gas goes up to $2.00 I will rely on my MIGHTY WHIRLIZTER to play my favorite ANTI-ARAB tune. If you know what's good for you, you will DANCE< DANCE< DANCE!!!

Oz has SPOKEN!

-- OZ (OZ@behind the curtain.gov), January 26, 2000.

Tried to backtrack the Bridge News story to...

http://www.bridge.com

That web-site does NOT like my browser. Someone else may want to see if there is *more* to the too short story.

Diane

-- Diane J. Squire (sacredspaces@yahoo.com), January 26, 2000.

Good one snooze,

Man thing's are looking interesting. Feels like December all over again,

Frank

-- Someone (ChimingIn@twocents.com), January 26, 2000.

No press releases up yet about it on the BP Amaco site...

http:// www.bpamoco.com/_nav/pressoffice/

But you can sign up there for instant e-mail news alerts from BP.

Diane

-- Diane J. Squire (sacredspaces@yahoo.com), January 26, 2000.

Interesting BP extra... Statistical Review of World Energy 1999

http://www.bpamoco.com/ worldenergy/

Kewl stuff... spreadsheets and PDF downloads...

[snip]

OIL

 Proved reserves, (25k)
 Production, Million tonnes, (25k)
 Production, Thousand barrels daily, (25k)
 Consumption, Million tonnes, (25k)
 Consumption, thousand barrels daily, (25k)
 Regional consumption - by product group, (25k)
 Spot crude prices, (25k)
 Refinery capacities, (25k)
 Refinery throughputs, (25k)
 Trade movements , (25k)
 Inter-area movements 1998, (25k)
 Imports and exports 1998, (25k)

[snip]

http:/ /www.bpamoco.com/worldenergy/download/index.htm

-- Diane J. Squire (sacredspaces@yahoo.com), January 26, 2000.

Diane,

FWIW, I was able to get to that bridge site, but it showed just a few stories, not including the Singapore story. It appeared to me that to get additional stories, one needs to login.

Jerry

-- Jerry B (skeptic76@erols.com), January 26, 2000.

Anybody care to explain what force majeure means in the above context?

-- Guy Daley (guydaley@bwn.net), January 26, 2000.

Guy,

business Law: Act of God--no ones fault--non-litigatable

-- d............ (dciinc@aol.com), January 26, 2000.

From the same link:

"Venezuela eyes resumption of gasoline exports next week Bridge News Caracas--Jan 24 Venezuela's state-owned PDVSA will inform its major gasoline clients about the possibility of restarting exports, maybe as early as next week, a company source said. PDVSA declared force majeure Jan 18 after a catcracker failure at its 635,000-bpd Amuay refinery."

-- Anita (notgiving@anymore.com), January 26, 2000.

I wonder if the Singapore refinery "technical fault causing quality problems with the product" is anything like, or even related to, the problems in India with gas stations getting something other than gasoline delivered into their tanks.

Sounds like the control room is asking for gasoline and it's getting kerosene or diesel. Production control and product monitoring embedded systems anyone?

WW

-- Wildweasel (vtmldm@epix.net), January 26, 2000.