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First production is expected at the end of 2016. In delivering this important project into production we will be securing vital long-term energy supply to Japan.Ichthys production volumes represent more than 10% of Japan’s LNG imports at current. Ichthys will provide a long-term stable supply of cleaner energy to.
The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. There will always be a need for additional production.
First, it had to halt production due to supply issues amid problems with cargo ships getting through the Gulf of Aden and the Bab al-Mandeb Strait due to the civil war in Yemen. Now, Tesla had to stop production and evacuate the factory today amid a potential sabotage of its power supply.
We’ve heard about Red Sea supply disruptions before, but these are different than those we’ve experienced in the past. To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen. And so, Tesla will see significant delays in supply of vehicle parts to its Berlin factory.
Tesla Giga Berlin recently announced a temporary production halt from January 29 to February 11 due to the conflict in the Red Sea. “The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also having an impact on production in Gruenheide.
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