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Pipelines, energy and natural resources

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For comparison the largest US above ground storage farm is in Nederland, TX at 33 million barrels. Plus Cushing OK and (27 million) and Corpus Christie, TX (20 million). The majority of the US strategic reserve is held underground which also has me thinking about places like Sudbury ON as alterantives?
I don't know the details about storing liquid petroleum underground but suspect it relies more on geology rather than simply abandoned holes in the ground.
 
AI....

In North America, salt caverns provide a highly secure, cost-effective method for bulk petroleum and natural gas liquids (NGL) storage. They are created by solution mining—pumping freshwater into underground salt deposits and extracting the dissolved brine. Because rock salt is impermeable, it prevents hydrocarbons from leaking or migrating.

United States

The US operates the world's largest salt cavern-based strategic crude oil reserve. The Strategic Petroleum Reserve (SPR) is maintained by the Department of Energy to secure the country against severe supply interruptions.

Storage Sites: The reserve consists of massive caverns clustered at five sites in deep salt domes along the Texas and Louisiana coasts:

Bryan Mound (Freeport, TX): ~20 caverns holding 254 million barrels.
Big Hill (Winnie, TX): ~160 million barrels of authorized storage.
West Hackberry (near Lake Charles, LA): ~227 million barrels.
Bayou Choctaw (Baton Rouge, LA): ~76 million barrels.
Weeks Island (~1.1 million barrels capacity).

Total Capacity: The SPR's maximum authorized capacity exceeds 700 million barrels.

Commercial and NGL Storage:

Beyond government strategic reserves, numerous commercial salt caverns are used across Texas, Louisiana, and Mississippi to hold working inventory of crude oil, propane, butane, and ethylene.

Canada

Canada primarily uses underground salt caverns to store natural gas and Natural Gas Liquids (NGLs) like condensate, propane, butane, and ethylene.

Unlike the US SPR, Canada's federal Strategic Petroleum Reserve (United States) strategy relies more on industry-held inventories.

Alberta: The vast majority of cavern storage is located in bedded salt formations in Alberta.

Major facilities, including the ATCO Salt Cavern Storage Expansion Project, are concentrated in the province's "Industrial Heartland" around Fort Saskatchewan. More than 100 salt caverns have been utilized across Alberta for decades to store hydrocarbons.

Southern Ontario: About 71 operational solution-mined salt caverns are situated near Windsor and Sarnia. These are crucial for storing hydrocarbons—such as ethylene, propane, and butane—that are either liquids or become liquid under storage pressures.

Emerging Regions: New frontiers are developing, such as the Fischells Salt Dome in western Newfoundland, which is considered the only domal salt formation in Canada and is being eyed for large-scale energy storage, including clean hydrogen and compressed air.

....

Potash is a salt.
 
Canada tells UAE it is not ready for its C$70bn investment
Lack of shovel-ready projects is holding back Mark Carney’s plan to double trade with partners outside of the US


Ilya Gridneff in Toronto

Published YESTERDAY
Updated02:40

Prime Minister Mark Carney’s flagship investment agency has delivered a blunt message to United Arab Emirates officials looking to pour billions of dollars into Canada: we have nowhere to put your money.

Three officials, speaking on the condition of anonymity, said the Calgary-based Major Projects Office in mid-June told an official UAE delegation it was too soon to inject capital into Canada.

“The PM keeps talking about the C$70bn [US$49bn] UAE commitment he secured on his first visit in November. None of that has been deployed,” said one Canadian official.

Carney landed a US$50bn commitment from UAE president Sheikh Mohamed bin Zayed al-Nahyan and Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed al-Nahyan, who made the official announcement in November. Oil-rich Abu Dhabi manages almost $2tn in sovereign funds.

But after Carney hosted a UAE-Canada Business Council meeting in Ottawa in mid-June, the MPO turned away members from the Emirati delegation who were seeking investment opportunities, the officials said. The reason was a lack of projects at a stage where they could deploy the money.

Former Quebec premier Jean Charest, who is the co-chair of the council, said the MPO was “only one bucket of potential projects”.

“They [the MPO] gave them the only answer they could give them, at this point, we’re not ready. But that is the same answer for everyone,” he said.

Over the paywall, then :) https://archive.md/Rrj1m
 
I tend to agree with you on the multiple tank farms is better than super complexes.

Largest tank farm in Canada right now is Hardisty, AB at 14 million barrels. That's about 2.5 days worth of Canada's production. There are a couple of others in the 2-3 million range in Alberta as well but more distributed - Anzac, Fort MacMurray etc.

For comparison the largest US above ground storage farm is in Nederland, TX at 33 million barrels. Plus Cushing OK and (27 million) and Corpus Christie, TX (20 million). The majority of the US strategic reserve is held underground which also has me thinking about places like Sudbury ON as alterantives?

The bigger thing in my mind is to have enough oil on hand, in storage, that should the unexpected happen in places like Europe/Asia the volume exists to allow for fast delivery. For context Germany uses just over 2 million barrels a day and South Korea about 2.5 million.

Is Canada a much more valuable partner if they are sitting on a month plus supply for a country, available upon demand? It also allow for more market trading as storage can fill up in the lows vs. shipping it out for pennies...and cash in on highs.

The only question is how large and how much total capacity is needed.
nobody seems to talk about refineries. We have closed down numerous ones over the last couple of decades; at least 4 that I know of in the golden horseshoe alone. Is it not advantageous to distill and ship finished product? I mentioned it earlier but with California shuttering theirs due net zero would it not be profitable to pick up the slack including shipping globally?
 
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