Natural Gas News – March 18, 2019

By Published On: March 18, 2019Categories: Daily Natural Gas Newsletter

Natural Gas News – March 18, 2019

Iran Boosts Natural Gas Production At South Pars With $11 Billion Expansion

S&P Global reported: Iran completed an $11 billion expansion of the giant South Pars, part of the world’s largest natural gas field, boosting output by more than 100 million cubic meters a day with President Hassan and oil minister Bijan Zanganeh attending opening ceremonies on Sunday. Four phases launched Sunday in the offshore gas field in the Persian Gulf will increase production by 112 million cm/d and be used for domestic consumption, according to the oil ministry’s news service Shana. That will add to existing South Pars output of 610 million cm/ d, and a domestic total of 841 million cm/d. Qatar shares the gas field with Iran and now Iran has taken over for Qatar as the world’s largest producer of natural gas, Zanganeh told reporters Saturday night, according to Shana. For more on this story visit spglobal.com or click https://bit.ly/2UBw1j0

Gas Tank Explosion in South LA Creates Giant Smoke Cloud, Panic

NBC Southern California reported: Two people were injured in an explosion caused by a gasoline leak in South Los Angeles Sunday morning, the Los Angeles Fire Department said. At around 7:45 a.m. a 9,000-gallon tanker that was leaking gasoline caught fire and exploded, and two people were injured, along with a home burning down, the LAFD said. Two women were hospitalized. One of the victims suffered serious burns, the department said. “It was a massive explosion,” said Joseph Casillas, who said he saw flames rising from the sewers following the blast. “You could see the fire, it was like a tornado 10-feet high.” The fire caused pressure underground that displaced several manhole covers, which initially led to reports that the explosion was the result of a natural gas leak, authorities said. A hazardous materials squad was on scene to assist in preventing the gasoline from reaching the ocean and an arson team is investigating, the department said. For more on this story visit nbclosangeles.com or click https://bit.ly/2CAIY5V

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