Oil began to drain into the sea

Oil began to drain into the sea


2020-05-06 19:10:00

Oil storage worldwide is already full due to extreme drop in demand and already began to leak. There are shocking frames from Venezuela in the Internet: oil flows over the edge of the reservoir like a waterfall and irrigate all the surrounding territory. But a true environmental bomb can explode in oceans and seas because giant tankers have begun to drain the oild exactly into the water.


Tankers do not transport oil from suppliers to consumers at all nowadays, so they have turned into floating storage of plenty of raw materials, which have nowhere to be used. Experts consider that these sea and ocean waters has a record number of tankers with a record large volume of oil.


This situation is potentially fraught with a severe environmental disaster - the risks of accidents and ship leaks are increased several times. In addition, experts afraid that some of the shipowners nerves may snap eventually: they’ll begin to drain old oil themselves to quickly refuel a new one for new money. But I think already began that.


At the end of April, a huge oil spot 34 km long and almost 1.5 km wide was found in the Baltic Sea close to the coast of Poland. Experts feel certain: it appeared as a result of the oil spill from one of these tankers, because it’s route passed through the pollution sites. Similar sites have begun to appear off the coast of other mining countries of the world.


If the oil that was spilled in the ocean reaches the land and covers the whole coast, there will be a catastrophe. According to the expert of the public council under the Ministry of Natural Resources of the Russian Federation Igor Shkradyuk, first of all the negative effect will be felt by plants and clams. Fish and other marine life will suffer through them, as part of the food range of the person. Shortly, it will affect everyone.


The expert explained that every new day since the oil spill makes every drop of raw materials increasingly "elusive" in the surrounding water space that will affect the financial costs of eliminating such accidents. As a result, the cost of eliminating the environmental catastrophe is continously rising. For example, when oil is released into the tropical sea, its collection costs much more than the spilled raw materials themselves.


After an explosion on the Deepwater Horizon mining platform in the Gulf of Mexico in April 2010, the spot from the beating oil fountain reached about a thousand kilometers in the circle. In addition, numerous underwater oil plumes have emerged: up to 16 km long, up to 5 km wide and up to 90 meters thick. The oil spill threatened to lead to the death of more than 400 species of animals. It lasted almost six months, during which about 5 million barrels of oil flowed to the sea.


Then the US fishing and tourism industries felt the consequences from that, in addition to oil leak. The accident left more than 150,000 fishermen unemployed, and economic losses of tourism on the Mexican coast over the following three years, according to industry American associations, amounted to $23 billion.


Experts warn that the result of an environmental disaster that threatens peace in the current situation with overcrowded tankers may be at least comparable to (and possibly greater than) the damage from the Gulf of Mexico disaster. According to words of the expert in the energy sector, Professor of RUDN Vladimir Tetelmin, now the ocean is suffering, more precisely near the main world transhipment ports, at least 4 thousand large tankers filled completely - there are about 400 million tons of oil in their tanks. To understand the problem scale: it is more than half of all annual production of Russia. The longer they are at sea, the higher the risk of an emergency on several large vehicles. Each of them capable of carrying up to 100 thousand tons of oil.


In addition, the interlocutors of "MK" warn that unscrupulous owners of tankers can simply drain into the water oil of those traders who were unable to sell their goods and overdue rent payments, and then fill the freed tanks with raw materials of new suppliers. Under both circumstances, the sea will be filled with millions of barrels of low-use but really polluting oil, as ten years ago.


The same sad experience of the Gulf of Mexico accident shows that suppliers who have lost their raw materials in different ways and have damaged the nature of the planet, if caught, will have to spread decently. In 2016, the New Orleans Federal Court approved the final amount BP must pay for the incident on Deepwater Horizon - $20.8 billion. In total, the costs of the oil company to eliminate the consequences of that PE are estimated at $55.5 billion. Potential accident perpetrators will have to pay comparable amounts, but it will be much harder for them to do so: oil is worth many times less now than in the Gulf of Mexico accident, and oil tycoons profits have fallen sharply around the world.


Views: 707




I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....


Comments ()