It is reported that in recent days, Gerhard Reus, the CEO of OMV states that South Stream gas pipe in contemplation will not be abolished although the western and Russia confront each other because of the crisis in Ukraine. The CEO said, “The gas pipe is a program which will last for 50 year. For that, South Stream gas pipe should be considered from realistic perspective.” He also stressed that customers expected to utilize the gas pipe to transmit gas. Nevertheless, none of possibility...
South Stream Gas Pipe Will Not Be Abolished Read
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It was reported that Arseniy Yatsenyuk, the Prime Minister of Ukraine stated that Ukraine was ready for sanctioning Russia, forbidding any transit transportation through Ukraine, including flights from Russia to Europe and supplying gas to Europe from Russia. Ukraine will utilize par of aid funds from IMF and consider asking for help from the World Bank to realize energy independence. In last Monday, Ukrainian government ever showed that it planed to follow the western to sanction Russia,...
Ukraine: Forbid Russia Supplying Gas to Europe Read
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It was reported that the total gas output in Russia was 3.74688 hundred billion cubic meters from January to July, 2014, decreasing by 1.7%, compared with the same period of 2013, according to the data of the Russian Federation Ministry of Industry and Energy. Meanwhile, Russia exported 1.17 hundred billion cubic meters, increasing by 4.4% on year-on-year basis. From January to July, 2014, the total gas output of Gazprom was 2.60881 hundred billion cubic meters, decreasing 4.7%, compared...
Gas Output in Russia Decreased by 1.7% Read
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The new International Gas Report published by Platts points out that the total apparent demands for gas in China was 1.391 ten billion cubic meters in June, increasing by 7.9% on year-on-year basis while falling by 4.7, compared with previous month. In the fist half of this year, the total apparent demands for gas was 8.873 ten billion cubic meters, increasing by 9.2% on year-on-year basis. Platts figured out Chinese total demands for gas in June according to net import volume and domestic output....
Apparent Demands for Gas in China Increasing Constantly Read
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It is reported that the Ministry of Economy of Japan will provide resource assistance development to Mozambique, an African country that discovered world-class scale gas fields. The two governments reached an agreement on July 31. To ensure that Japanese enterprises can also participate in development of gas fields in Mozambique, Japan will also assist Mozambique complete relevant laws protecting foreign investments in case of hindrance to operation of Japanese enterprises due to sudden changes...
Japan Sets Foot in Gas Fields in Mozambique Read
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IES shows that for promotion of constantly increasing demands, golden age of gas in North America will expand to China in the next 5 years. New interim report of gas market published IEA points out that the demands for gas in China will be double nearly by 2019. The increasing demands for gas in other areas will slow down. By the end of estimation, global demands for gas will increased by 2.2% per year, descending compared with estimation last year (2.4% per year). Most of increasing demands...
IEA: China Will Usher Golden Age of Gas Read
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It is reported that China-Burma gas pipe has operated safely for one year by July 27. Accumulative total of gas having been transmitted to China from the west coast of Burma is 1.87 billion cubic meters. Otherwise, the pipe distributes 60 million cubic meters of gas to Burma, providing new power to drive local economy and society to develop at a high speed. On July 28, 2013, China-Burma gas pipe went into operation to transmit gas formally. Representatives of investors coming from China,...
China-Burma Gas Pipe Has Operated Safely for One Year Read
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It is reported that Mongolia is seeking for signing gas contract with China in August which will expand energy supply in China, the second largest economic entity in the world and reinvigorate foreign investments in Mongolia. Recently, when Erdenebulgan Oyun, the vice minister of Ministry of Mine of Mongolia was interviewed in Ulan Bator, he showed that the contract included two coal gas plants whose 95% of output would be transmitted to China through pipes. The plants are estimated...
Mongolia Expects to Sign Gas Supply Contract with China Read
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Currently, valve manufacturers are lack of innovation in China, impeding the development of valve industry. Nowadays, many valve manufacturers innovate less after introducing advanced technology. When overseas clients visit China’s heavy industry projects such as power and petroleum, they find that amount of valve products are just modified on the basis of prototype designed in the Western. China’s valve industry has low design level. Although key manufacturers have particular conditions...
Valve Manufacturers Should Enhance Innovation in China Read
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Modi government attaches great importance to gas from Iran. Oil Ministry has ever proposal to restart the construction of gas pipe from Iran to India crossing though Pakistan. That is the third gas pipe that new Indian government strives to build. Three months ago, Modi government supported the idea about building gas pipe from Turkmenistan to India crossing though Afghanistan and Pakistan. Otherwise, Modi government also brings the construction of gas pipe from Russia to India into the agenda...
Gas from Iran Will Strengthen Energy Safety in India Read
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