DYNAMICS OF GAS PRICE AND IMPORTS FROM EUROPE
New energy market reports
The gas market report shows that in the first quarter of 2019, Liquefied Natural Gas (LNG) imports in the EU posted a strong increase (126%) compared to the first quarter of 2018, primarily owing to the shrinking price premium of the Asian gas markets to Europe, offering competitive opportunities to LNG cargoes with European destinations, especially from the Atlantic Basin and the Middle East. (more…)
Pipeline projects for the oil and gas industry
Dear colleagues and friends!
We would like to inform that TNN LTD integrates one of its divisions in Ukraine into the production of pipes, which will allow to produce more than 3 thousand sizes of seamless and welding pipes from more than 50 different grades of steel according to international standards. (more…)
FLAX LOOKS TO BE A PROFITABLE OPTION FOR 2019
Flax looks like a good option for growers in 2019. Recent crop budgets from North Dakota State University show flax profits in many parts of the state. Flax showed positive returns of $4 and $18 per acre in the northwestern and southwestern regions. Many growers have consistently had flax yields over 30 bushels per acre, therefore based on this yield, net returns are projected at $79 per acre. These expected returns are very similar to predictions made by both Saskatchewan and Manitoba agencies. (more…)
Construction and demolition waste production in the EU
In 2012, total amount of the EU construction waste in EU reached 821 160 000 tones and, as a result, construction and demolition sector in EU produced 32% of EU waste. It should be also noted that the number of C&D wastes increases in the EU member states and it is expected that in 2020 the amount of waste generated by the construction sector will reach more than 500 million tonnes1. Therefore, the market related to the construction and demolition waste is seen as the most attractive in comparison with markets aimed at collection or recovery of other types of waste2.
The majority of C&D waste is produced in France, Germany, Netherland and United Kingdom however the group of important producers represent also Italy, Spain and Belgium. In 2011, revenues of recycling of construction and demolition waste in Europe reached $61 billion3.
95% of the EU construction waste consists of mineral and solidified materials (excluding combustion wastes, contaminated soils and polluted dredging spoils). This waste stream includes mainly concrete and masonry which represented above 60% of construction and demolition waste (2011). Another big proportion is composed of asphalt (up to 26%). Other materials (e.g. gypsum) comprise only a small part of the C&DW total weight4.
Future trends and innovative sorting and recycling technologies
European market of C&D waste is characterized by three important trends which can lead to rapid development of new solutions for C&D waste management. First of all, increase of prices for waste disposal is observed and this process may stimulate development of companies interested in C&DW management. Moreover, it is predicted that EU countries will move towards unification of regulations aimed at C&D management. Finally, the unification process will also change the tasks of EU local governments and it is expected that they will be more responsible for local waste management. As a result, the governments will have to reduce the volume of landfill waste and achieve appropriate levels of preparation of re-use, recovery and recycling waste5. These factors may create new possibilities for development and commercialization of innovative sorting and recycling technologies, among which the HISER products and innovations can be found.
Ukraine – Oil and Gas
The Government of Ukraine (GOU) considers the oil and gas industry as a strategic sector to achieve independence from foreign oil and gas imports. Since the Revolution of Dignity in 2014, Ukraine has taken necessary steps to diversify fuel supplies, improve the output and production of electricity, oil, and natural gas, all efforts aimed at increased energy independence. Ukraine continues to follow its path to energy security and independence though legislative reforms. In 2017, the GOU finally reduced the royalty rates for gas exploration to 12 % (from 28%) for wells up to 5,000 meters and to 6% (from 14%) for deeper wells. This makes Ukraine’s royalty tax one of the lowest in the EU.
Possible effects of US oil sanctions against Iran
Commission approves support for Klaipėda LNG terminal in Lithuania
Energy supply projections
The supply mix to meet growing energy demand will be historically diverse – from the oil and natural gas in America’s shale regions, to the deepwater fields off Brazil; from new nuclear reactors in China, to wind turbines and solar arrays in nations around the world.
This diversification in global energy supply will grow over the next two-and-a-half decades. Society’s push for lower-emission energy sources will drive substantial increases in renewables such as wind and solar. By 2040, nuclear and all renewables will be approaching 25 percent of global energy supplies.
Oil grows and continues to be the primary source of energy for transportation and as a feedstock for chemicals. Natural gas also grows, with increasing use in power generation, as utilities look to switch to lower-emissions fuels. Coal struggles to grow due to increased competition in power generation from renewables and natural gas, led by declines in OECD nations. (more…)
Community Investment Program
The Community Investment Program (CIP) supports a broad spectrum of programs and services by providing grant funding and agreements to community groups and non-profit organizations responsible for:
• Delivering various recreational, cultural and social programs and services.
• Developing and operating community facilities.
• Organizing community events. (more…)