TURKEY STREAM IN EXECUTION
The project to construct a new gas pipeline with a capacity of 63 billion cubic meters from Russia to Turkey has entered the execution stage, Russian energy giant Gazprom has said by a written statement on late Feb. 24.
"The gas transmission route will be laid via the Black Sea and will annually supply up to 47 billion cubic meters of gas to the Turkish-Greece border. The gas pipeline will represent an alternative export route, which, in combination with the highly-reliable Nord Stream, Blue Stream and Yamal-Europe gas pipelines, will secure the entirety of Russian gas exports beyond the CIS and make it possible to abandon the transit corridor via Ukraine," the company said.
With a view to provide stable and well-balanced supplies of Russian gas to Europe, as well as to mitigate the risks related to gas transit via third countries, the company makes great efforts to expand the existing gas transmission routes and build up new ones, Gazprom said.
The company noted it would also focus on supplying significant volumes of Russian pipeline gas to the Asia-Pacific region.
"Work is underway to have the resource and transmission base in place for the start of gas supplies from Russia to China via the eastern route. The Agreement on Russian gas purchase and sales via the western route is being formulated," the company said.
Gazprom also said it will build up its presence in new markets primarily by increasing its own production activity.
"We plan to construct LNG plants with a capacity of 10 million tons a year in the Leningrad Region and the Primorye Territory. We are also considering the possibility of constructing a new process train within the Sakhalin II project," Gazprom said.
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WNA - Apart from adding capacity, utilisation of existing plants has improved markedly since 2000. In the 1990s capacity factors averaged around 60%, but they have steadily improved since and in 2010, 2011 and 2014 were above 81%. Balakovo was the best plant in 2011 with 92.5%, and again in 2014 with 85.1%.
WNA - India has a flourishing and largely indigenous nuclear power programme and expects to have 14.6 GWe nuclear capacity on line by 2024 and 63 GWe by 2032. It aims to supply 25% of electricity from nuclear power by 2050.
WNA - Mainland China has 38 nuclear power reactors in operation, about 20 under construction, and more about to start construction. The reactors under construction include some of the world's most advanced, to give a 70% increase of nuclear capacity to 58 GWe by 2020-21. Plans are for up to 150 GWe by 2030, and much more by 2050.
PLATTS - "The domestic uranium mining industry needs US government assistance to survive the foreign onslaught -- particularly from Russia and Kazakhstan -- that has undermined the US uranium industry while new players -- particularly China -- will soon make the situation worse," Energy Fuels and Ur-Energy said in a petition they jointly filed with the department.