NrgEdge Editor

Sharing content and articles for users
Last Updated: July 24, 2019
1 view
Business Trends
image

The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and liquefied natural gas (LNG) shipments to Europe and North America. Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea, and it is a critical chokepoint because of the large volumes of energy commodities that flow through it.

Chokepoints are narrow channels along widely used global sea routes that are critical to global energy security. Total oil flows through the Suez Canal and the SUMED pipeline accounted for about 9% of total seaborne traded petroleum (crude oil and refined petroleum products) in 2017, and LNG flows through the Suez Canal and the SUMED pipeline accounted for about 8% of global LNG trade.

Since 2016, growth in northbound total petroleum flows through the Suez Canal and the SUMED pipeline has slowed, and southbound flows through the canal have risen substantially. In particular, the Suez Canal is gaining importance as a southbound route for U.S. and Russian crude oil and petroleum products to destinations in Asia and the Middle East.

Suez Canal and Sumed Pipeline flows of selected energy products

Source: U.S. Energy Information Administration, based on Lloyd’s List Intelligence, Clipper Data, and Suez Canal Authority (with EIA conversions)

Slightly more than half of total petroleum transiting the Suez Canal in 2018 was sent northbound to destinations in Europe and North America. Petroleum exports from Persian Gulf countries, such as Saudi Arabia, Iraq, and Iran, accounted for 85% of Suez Canal northbound traffic. Northbound flows of petroleum products have risen in recent years, particularly as more ultra-low sulfur diesel fuel has been shipped from Saudi Arabia to European countries.

northbound crude oil and petroleum product volumes transiting Suez Canal

Source: U.S. Energy Information Administration, based on Suez Canal Authority

Northbound crude oil flows decreased in 2018 for several reasons:

  • Higher U.S. crude oil exports displaced Persian Gulf crude oil that had been historically sent to Europe.
  • Key Middle East producers, mainly Saudi Arabia and Iraq, have been increasing crude oil exports to China and other growing Asian oil markets using eastbound routes rather than the Suez Canal.
  • Renewed U.S. oil sanctions on Iran, imposed in late 2018, contributed to a decrease in Iran’s crude oil exports to Europe.

Southbound crude oil shipments, mainly to Asian markets such as Singapore, China, and India, have more than doubled in the past two years. Petroleum exports from Russia accounted for the largest share (24%) of Suez southbound petroleum traffic. Increases in Libya’s crude oil production and exports in 2018 also contributed to a rise in southbound shipments. In the past two years, increased production and exports of U.S. crude oil and petroleum products—especially liquefied petroleum gas—have also increased southbound traffic through the canal.

southbound crude oil and petroleum products transiting Suez Canal

Source: U.S. Energy Information Administration, based on Suez Canal Authority

Overall LNG flows through the Suez Canal have declined in recent years. Nearly all (98%) of the northbound LNG transit is from Qatar and mainly destined for European markets. Although Qatar remains a key exporter of LNG through the canal, it has been diverting more cargoes to Asia in recent years.

Changes in LNG traffic through the Suez Canal also reflect the growth in U.S. shale gas production and LNG exports, falling LNG demand in some European countries, and competition for LNG in the global market, especially in Asia.

The 200-mile long SUMED Pipeline transports crude oil northbound through Egypt from the Red Sea to the Mediterranean Sea. Crude oil flows through two parallel pipelines that have a total capacity of 2.8 million barrels per day. The SUMED Pipeline is the only alternative route to transport crude oil from the Red Sea to the Mediterranean Sea if ships cannot navigate through the Suez Canal. Crude oil flows through the SUMED Pipeline have declined since 2016 as a result of the shifting oil trade patterns and a widening of the Suez Canal.

Sumed Pipeline crude oil flows

Source: U.S. Energy Information Administration, based on Lloyd’s List Intelligence and Clipper Data

natural gas pipelines liquid fuels crude oil petroleum map oil
3
3 1

Something interesting to share?
Join NrgEdge and create your own NrgBuzz today

Latest NrgBuzz

Our Team Can Write Your Paper

Every college student knows how daunting some college assignments may be. Therefore, most of them are searching for time-tested and appreciated essay writing services that can offer quality, safe and affordable assistance. 

Are you the one who is looking for the platform that will “do my essay for me cheap and fast?” Do not waste your time browsing the web, but rather focus on the WritePaperForMe page. 

The overwhelming majority of college students claim the service to be reliable and efficient. Quality and authenticity of the accomplished assignments, timeliness of the submission, the safety of the personal information and affordability of provided services are the core values of the team. 

Therefore, if you are still searching for an answer to the “who can write my essay for me cheap” question, you should give WritePaperForMe a try. Talk to the staff, providing them with the details of your order. Instead of asking, “Do my paper for me fast and cheap”, you should be more precise, specifying your requirements. 

As one of the students mentioned, “the team of professionals do not only write my paper but also take maximum care of my safety and success”. 

December, 09 2021
floating fish feed production equipment for sale

floating fish feed pellet machine is widely used for produce high-grade aquatic feed pellets for fish, catfish, tilapia,shrimp,crab,lobsters,etc.Food for fishes requires contains rich crude protein, but the crude protein in the food is hard to digest for the fish.Fish feed pellet mill is specially designed to solve such problems. After being extruding processed by the machine, the feed can be easy to digest. Moreover, the user can change extrusion degree to influence floating time,it also can produce both floating and sinking type fish feed pellet .Fish food making machine with advanced single screw extruder,doesn’t need steam boiler.Floating fish feed pellet mill is used to produce floating fish feeds at home or for small scale fish farms with low cost investment.It ensures the new investors affordable to the machine,it is the best choice for aquaculture farms ,small and medium fish feed processing plants .

The floating fish feed pellet machine production equipment operated well without any preconditioning of the feed material other than grinding. This allows the fish food making machine to accept a dry, free flowing material, therefore simplifying the preparation equipment.The fish feed pellet machine can produce human foods, animal feeds and adhesives made from cereal grains. it can impart cooks that destroy undesired enzymes, such as urease, lipase and myroxinase. These extruder machine transform cereal,grain,oilseeds into porous collects that dissolve extract very efficiently. The outlet of fish feed pellet mill equipped with a firmly mounted mold, so it can produce different size and shape feed pellet .Moreover, one fish feed pellet machine is equipped with extra easy wear parts for free including two sleeves, one screw, one cutting knife and three die moulds.

December, 01 2021
animal feed pellet mill for sale,animal feed pellet machine making poultry feed

Animal feed pellet mill is mainly used for small-scale production of animal and poultry feed pellets, it’s popular in grain feed factory, farm, poultry farm,small size feed plant.The raw materials are easy to obtain in most place, like corn, maize, wheat bran, rice, beans,cassava,grass ,stalk etc. Driven by electric motor makes it more energy-saving and environmental friendly,,it can be used for diesel drive for the electric power shortage area.The animal feed pellet market is growing fast with recent years,feed pellet mill machine becomes more and more popular in breeding industry. Featured with the unique advantages of competitive price, low consumption,simple structure and small area coverage,it is an ideal pelleting machine for small-scale industrial production and home use.That’s why more and more families and plants choosing them to produce the feed pellets.

Features of livestock feed pellet making machine

● Cheap price
The feed pellets are expensive and can cost you much money. you will not have to buy the pellets from the shop with this machine.Due to their different model with different prices, you can select one that will match your budget.
● Multifunction
The good thing about this machine is that it caters for both small and large farmers. It will help you develop high quality feeds that will improve the growth of your livestock. The machine is great because you will get the feeds without much effort. It will perform most of the tasks for you.
● Small size
Cattle feed equipment is small and light in weight to allow you to transfer it to your place of choice.With the pig feed pellet machine, you will perform all the tasks by yourself.
● Easy to operate
This feed pellet making machine adopted high precision gear driven,advanced flexible coupling to get high production efficiency .Once you purchase this equipment, you will easily come up with quality feed pellets without any skills,it’s not necessary to hiring a professional worker to operate it for you.

December, 01 2021