RUSSIA'S GAS RECORD
BLOOMBERG - Russia's natural gas production rose to its highest ever last year, driven by increasing sales to Europe and rising domestic demand.
Government data published Tuesday showed that output jumped 7.9 percent to beat a 2011 record. With a pipeline of projects including plans to expand into China and new liquefied natural gas plants, the country may close the gap on the U.S., which leapfrogged Russia to the top spot in global production of the fuel nine years ago.
Russia needs to strengthen its position in the global gas market as it's considered a leading global energy power, President Vladimir Putin said last month. Already the world's largest exporter of the fuel, the nation is working to boost output with new LNG plants stretching from the Baltic region to the Pacific coast. That will pit the country against the biggest producers of the super-chilled fuel, including Qatar and Australia.
Russia is also working to keep shipments to Europe near record levels this year as state-run Gazprom PJSC, the continent's biggest supplier, plans to start pipeline exports to China in late 2019. Gazprom meets more than a third of Europe's demand for natural gas and the nation's most lucrative market was worth some $37 billion in revenue last year.
Gazprom's increased sales helped boost overall production to 690.5 billion cubic meters (24.4 trillion cubic feet) last year, exceeding the 2011 record by 2.9 percent.
As a result of the shale gas revolution, the U.S. became the world's largest natural gas producer in 2009, and has kept the crown for most of the time according to official data from the two nations.
U.S. producers pumped 22.1 trillion cubic feet (about 626 billion cubic meters) of dry gas in the first 10 months of 2017, according to December data from the U.S. Energy Information Administration. This was 11 percent higher than Russia for the same period.
Russia has resources to increase its LNG production by almost 10 times to about 100 million tons by 2035, led by the privately-owned Novatek PJSC in the Arctic, according to the nation's Energy Ministry.
The U.S. imposed financial sanctions against Novatek in 2014 after Russia annexed Crimea and last year added export pipelines to the list of sanctions against Russia, setting risks for Gazprom's projects. Putin ordered the government in December to identify economic and political "threats" to the nation's gas projects as well as steps to take to overcome or minimize them.
Officials in Moscow are also planning to improve gas-output forecasts in the nation's long-term energy strategy, adding planned and potential LNG projects.
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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.