EUROPE GAS DEFICIT: 50 BLN TO 2025
Europe may face deficit of gas imports of a total of 50 bln cubic meters in 2025, Gazprom Deputy Chairman Alexander Medvedev said Monday.
By 2025, deficit in Europe will reach 80 bln cubic meters due to falling natural gas production while "Washington dreamers will hardly be able" to supply more than 50 bln cubic meters of gas to Europe a year, Medvedev said, adding that around 50 bln cubic meters is the import deficit which has no contracts and transport routes for supplying gas to Europe.
Medvedev also confirmed Gazprom will stop gas transit through Ukraine to Europe after 2019. "After the expiry of the transit contract with Ukraine there will not be any prolongation nor signing of a new contract on any terms," he said.
|January, 22, 08:50:00|
|January, 22, 08:45:00|
|January, 22, 08:40:00|
|January, 22, 08:35:00|
|January, 22, 08:30:00|
|January, 22, 08:25:00|
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.