A public utility is an organization that constructs and maintains the infrastructure for a public service (electricity, natural gas, water, sewage, telephone, etc.) and usually also provides the service behind the said infrastructure. Public utilities are usually regulated.
P.S.P. Investment has received a generation license to generate 300 MW of electricity from the pumped storage hydro-electricity technology. The facility is to be established at Maale Gilboa
The distance from a pipeline at which it is safe to erect habitation, main roads, major infrastructure. This distance is approximately 50 m for pipelines with pressure of up to 175 bar, since natural gas burns upwards and not sidewards. With decrease in pressure, distance required and risks are reduced
Proved reserves are those reserves that geological and engineering data indicate with reasonable certainty to be recoverable today, or in the near future, with current technology and under current economic conditions.
Proved reserves are estimated volumes of hydrocarbon resources that analysis of geologic and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions. Reserves estimates change from year to year as new discoveries are made, as existing fields are thoroughly appraised, as existing reserves are produced, as prices and costs change, and technologies evolve.
According to the EIA ‘reasonable certainty’ implies that there is a 90 percent probability that the natural gas actually recovered from those reserves will exceed the amount that is estimated beforehand to be recoverable.
Proved reserves can be categorized as developed or undeveloped. If deterministic methods are used, the term reasonable certainty is intended to express a high degree of confidence that the quantities will be recovered. If probabilistic methods are used, there should be at least a 90% probability that the quantities actually recovered will equal or exceed the estimate.
All of a company’s proved reserves, whether these have already been developed or not
Are strategic locations owned by the refineries for storage and distribution of their refined products. In the case of an LNG receiving terminal it is the point of arrival of the LNG tankers into which the LNG is unloaded, stored in its liquid state, and re-gasified and fed to the natural gas pipeline system. Onshore receiving terminal to treat the gas that is produced.
Receiving the royalty payment due to the state in the form of hydrocarbons rather than money
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