Russia Failed to Reach Gas Supply Contract with Ukraine

Russia failed to reach a gas supply contract for restarting to transmit gas to Ukraine in the coming winter, when Russian officials met with Ukrainian officials in Brussels on Tuesday.   Focuses of dispute include: how much Ukraine should pay to Russia for gas having been consumed, when Ukraine should pay to Russia and conditions about gas transmission in the future. Some European countries concerned that would disturb the progress that Russia would supply gas to them through Ukraine.  ...

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Valve World Expo 2014, December 2-4, 2014

Event: Valve World Expo 2014 (9th Binennial Valve World Conference and Exhibition) Date: December 2-4, 2014 Venue: Messe Düsseldorf, Stockumer Kirchstrasse 61 Düsseldorf, Nordrhein-Westfalen 40474 Germany Website: http://www.valveworldexpo.com/   Valve World Expo 2014 (9th Binennial Valve World Conference and Exhibition) will be held on December 2-4, 2014, in Düsseldorf, Germany. Products on exhibition will include valves, valves components and parts, actuators, positioners,...

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Construction Cost of South Stream Gas Pipe Rising

On October 10, Gazprom expressed that since June when concerned countries put off South Stream gas pipe from Russia to Europe, the construction of South Stream gas pipe had risen from 16 billion euro to 23.5 billion euro.   EU took above measures under the circumstance that crisis in the eastern of Ukraine resulted in strained relationship between EU and Russia and sanctioning on each other. Analysts consider that construction cost is disadvantageous for South Stream gas pipe advancing. However,...

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Gas May Not Reduce Carbon Emission

Gas is always treated as eco-friendly fuel. The U.S. has ever expected to use gas to get rid of pollution caused by coal. Because of total of carbon dioxide released by burning coal is two times of gas. However, a new research points out that widely using low price gas may not reduce carbon emission in the U.S. Gas may hinder using cleaner renewable energy sources such as wind energy and solar energy.   Steven Davis, joint author of paper and the energy scientist of University of California,...

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Japan Plans to Build Undersea Gas Pipe

Japan intends to activate energy cooperation with Russia. In its new plan, Japan plans to build an oil refining plant which is not far from Vladivostok and build under gas pipe from Sakhalin to Tokyo crossing though Japan Sea.   Mayor of Niigata announced that the oil refining plant would be invested and build completely by Japanese and Niigata would become the main transfer terminal of products manufactured in the plant.   The new plant will provide new power for Japan to buy oil from...

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Rosneft Found an Oilfield in the Arctic Pole

Rosneft claimed that they had already found an oil field in the Arctic Pole with the assistance of Exxon Mobil, which meant that the explored region may become one of the most important global oil-producing regions.   Igor Sechin, the CEO of Rosneft announced that there were as high as 1 billion barrels of oil existing in the operating drilling. The same geologic structure means that oil reserves in the region is comparable with that in Gulf of Mexico.   It is a pity that the expiration...

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Russia Should Not Use Gas as Weapon

Guenther Oettinger, the energy commissioner of EU claimed that he hoped that Russia could reach a transitional solution with Ukraine for gas which having been cut off for three months on the meeting between Russia, Ukrainian government and Ukrainian pro-Russian, held in Berlin this Friday.   However, he also indicated that EU may be forced to expand current sanction list on Russia including Russian gas sector without any fast solutions.   “We do not expect that the worst affairs...

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Iran Has Become the Third Largest Oil Supplier for China

Import volume of oil from Iran to China increases significantly. Iran has already become one of the most important oil suppliers for China. What’s more, China also becomes the largest trade partner for Iran officially since 2009 when exceeded EU and the leading investments supplier, which filled up value of trade left behind by the Western withdrawing.    Due to be sanctioned by the Western, energy export in Iran suffers from limitations. So China hold amount of Iranian oil orders....

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Gas Supply to China through the Western Line Expanded

On September 17, Miller, the CEO of Gazprom said that Russia had already negotiated with China for gas supply through the Western Line and discussed the possibility of expanding the quantity of gas supply.   On that day when Miller reported Putin, the Russian President, he stated that Russian and China were planning to sign a contract that supply 30 billion cubic meters per year of gas to China through the Western Line, which would be lasted for 30 years and discuss the possibility that expand...

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Chinese Economy Slowing Down Contains Gas Demand

Growth rate of Chinese gas demand in 2014 may decrease to the lowest level in three years. And it will continue falling in the next year. Due to Chinese economy slowing down and demoded raising price, gas demand will be far lower than anticipation.   The slowing growth rate means that demand will be difficult to reach to the expectation of IEA. It is afraid that new gas programs will be impossible to be developed, which are supposed to sell gas to China originally. In June, IEA had ever claimed...

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