Global price of crude oil had ever reached the highest level since 9 moths, after ISIS (Islamic State of Iraq and the Levant) capturing the northern of Iraq. If output of crude oil in Iraq is reduced by 1/3, global prices of crude oil will be increased by 40 USD per barrel, which may strike tender global economy catastrophically. On the press conference, June 19, Obama, the President of the United States listed various reasons for restraining ISIS. One of the reasons was to ensure stability...
A New Oil Crisis May Be Caused by ISIS Read
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Interim report of annual gas market published by IEA shows that global demands for gas are estimated to be increased annually by 2.2% by the end of 2019. LNG (liquefied natural gas) can meet most of demands for gas. New-built gas pipeline can also play an import role in meeting the demands for gas, resulting in changing conventional leading role of suppliers in every country. Private suppliers in Australia, Canada and the U.S. lead global LNG trade. By 2019, global LNG trade scale will be...
Global Demands for Gas Will be Increased Annually By 2.2% Read
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On last Friday, Ukrainian government said that Ukraine would need to import 7.23 cubic meters of gas from August in this year to March in the next year to ensure its own economy run smoothly during high demand seasons. Ukrainian government predicts that most of gas will be imported from Europe through several gas pipelines. The reason is that supplying gas from Russia has already been cut down to zero on June 16th because of dispute on gas prices and schedule of debt payments with Russia....
Ukraine Will Import 7.23 Cubic Meters of Gas Read
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It is reported that a gas pipe Vojany will be fully operational in September to transmit gas from EU to Ukraine. Thomas Marecek, the chairman of Eustrem showed that gas pipe Vojany originated from Slovakia was planned to supply 10 billion cubic meters gas to Ukraine annually before 2019. The gas pipe is estimated that will transmit from 8 trillion cubic meters to 10 trillion cubic meter gas at the first quarter of 2015 at the latest. The gas pipe is estimated to transmit gas to Ukraine...
EU Will Supply Gas to Ukraine through Gas Pipe Vojany Read
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It is reported that Power of Siberia gas pipe will begin to be built in August to supply gas to China. Gas being supplied to China will be exploited at Chayandinskoye gas field in the eastern Siberia. Currently, equipment installation is being prepared busily in gas fields. Protocol of design documents is close to end. Survey is being carried out. It is estimated that the first gas will be sent to China in 2018. In May 2014, Gazprom signed gas contract with CNPC for 30 years. According...
Power of Siberia Gas Pipe Will Begin in August Read
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With the help of huge investments and equipments from China, Turkmenistan plans to improve output of gas substantially and export 65 billion cubic meters to China annually before 2020. It is reported that proven gas reserves are 17.5 billion cubic meters in Turkmenistan, ranking at the fourth position in the world, next to Iran (33.8 billion cubic meters), Russia (31.3 billion cubic meters) and Qatar (24.7 billion cubic meters). However its level of gas exploration falls behind other countries....
China Helps Turkmenistan Improve Output of Gas Read
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On June 17th, Canadian government approved to build a new oil pipeline named as Northern Gateway from oil fields in northwest of Canada to Canadian coast in order to export oil to countries in Asian-pacific areas, mainly to China. Currently, ally of oil exploited in Canada are supplied to the U.S.. Stephen Harper, the Prime Minister of Canada positions Canada as emerging energy superpower, striving for expanding oil export market. He thinks that is about Canadian national interests. ...
Canadian Government Approved Northern Gateway Oil Pipeline Read
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As a giant industry group, valve industry plays a key role in national economic construction. Currently, low-end valve products have realized nationalization. High-end valve products are taking place of imported products gradually, pushing China's valve industry into to international competition. With acceleration of industrialization and urbanization, demands for valve products are increasing for high economic development. Only valve manufacturers who have competiveness can survive in...
War in China's Valve Industry May Upgrade Read
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As a kind of control valves, butterfly valve has simple structure, widely utilized in high pressure pipelines. Butterfly valve can control flow of gas, water, steam, corrosive medium, mud, oil, liquid metal, radioactive medium, etc. For its specific usage, butterfly valve is always hot-selling products. Butterfly valve connects or cuts off medium in pipelines. The disc rotates with axis inside body to open or close valve. For a long time, high requirements for butterfly valve always exist...
Analysis of Butterfly Valve Market in China Read
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Currently, the idea of automation has penetrated into industries. Beside automatic upgrade for industrial production, parts of industrial equipments are merged with automatic technology, becoming new products which have more competiveness. Automatic valve is one of the new products. In recent years, for the good macroeconomic situation, quotas of manufacturing and sales maintain a high speed development. However with the influence of price war, sales revenue and profit decrease sharply. Concentration...
Valve Manufacturers Make Automatic Valve Read
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