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Vocabulary flashcards covering key terms, concepts, and mechanisms related to oil and gas transportation via pipelines and maritime tankers based on the lecture notes.
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Pipeline Transportation
An enclosed steel network buried underground or laid above ground, driven by continuous pump stations to move oil and gas across land in an uninterrupted flow.
Maritime Tankers
Large ships used to transport oil and gas in batches across the sea to refineries.
Double Hulls
A safety design feature on maritime tankers created to withstand minor collisions and minimize casualties.
Suezmax
An example of a large ship or maritime tanker used to move oil and gas across the sea.
Pipeline Corrosion
Damage to underground steel pipes caused by moisture in the earth and hydrocarbons, which weakens pressure resistance and leads to detachments, oil leakages, pollution, and capital loss.
Geographical Flexibility
An advantage of maritime transport where oceans connect distant global production fields to overseas markets without needing multi-nation land right-of-way permissions.
Scalable Investment
The financial advantage of tankers over cross-border pipelines, as tankers can be dynamically redirected to new supply-demand ports rather than being permanently fixed to one location.
Intermodal Containerization
The use of standardized ISO containers that allow oil to be easily transferred directly from ships to trains or trucks.