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Energy

Looming state of emergency in Ukraine’s energy sector: enough coal for 40 days

BreakingNews @en/Energy di

There is a looming state of emergency in Ukraine’s energy sector, as anthracite stocks in the warehouses of Ukrainian thermal power plants are enough for 40 days of work, according to the operator of the Ukrainian power grids, state-run national energy company Ukrenergo. The introduction of the state of emergency in the energy sector foresees that the power grids will operate with minimum workload of thermal power plants, which consume anthracite coal, being a deficit type of coal after the war in Donbass, a major supplier, broke out.

Libya will not export oil to Egypt in the forthcoming period of time

The Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalllah, said Libya won’t export oil to Egypt in the forthcoming period of time. In a press statement on the margins of his participation as the head of Libya’s delegation in the OAPEC meeting in Cairo, Egypt, Sanallah said all of the news stories told about Libya’s efforts to export oil to Egypt are incorrect and mere speculations, pointing out that there is no official agreement made by the NOC in that regard.Several eastern political figures, including Khalifa Haftar’s legal advisor, House of Representatives members and Al-Thanni government officials, stated earlier this year that Libya would export oil to Cairo for free so it can help Egypt to recover from the halt of Saudi oil supplies.

Agreements between Azerbaijan’s SOCAR Trading SA and Poland’s company Lotos Oil

SOCAR Trading SA, the marketing arm of Azerbaijan’s state oil company SOCAR, and the Polish company Lotos Oil have reached agreements to transport oil, liquefied petroleum gas (LPG) and liquefied natural gas (LNG), Azerbaijani Embassy in Poland said in a message. The agreements were reached during the bilateral business meetings that took place in Warsaw as part of the 7th meeting of the Azerbaijan-Poland Intergovernmental Commission.

Iran to promote cooperation with Armenia in the energy industry

At a joint meeting Iran’s President was called to express the country’s willingness to promote cooperation with neighboring Armenia in the energy industry, gas exports to Armenia and construction. Highlighting the suitable grounds for cooperation in the transportation industry, Rouhani said railroad links between Iran and Armenia would connect the Persian Gulf to the Black Sea and benefit the whole region. He also said expansion of bilateral economic ties and cooperation in the engineering and technical fields require easier banking interaction. Armenia’s President also made comments at the meeting, saying his country sees no obstacle to the expansion of ties with Iran.

Renewable energy agencies contacted by the experts team of President-elect Donald Trump

BreakingNews @en/Energy di

The experts team of the President-elect Donald Trump began to contact several federal agencies working in the field of renewable energy. Already during the election campaign Trump had expressed his willingness to cut most of the sources of these agencies and also said it would rescinded the Paris conventions which commit the United States to lower its greenhouse gas emissions.

Government will respect the decision of indigenous people of El Bala and Chepete

Americas/BreakingNews @en/Energy di

Minister for the Bolivian energy, Luis Sanchez, during an interview with the news agency ANF said that the government will respect the decision of the indigenous people of El Bala and Chepete, these have been consulted from La Paz about the possible construction in their territories of a hydroelectric basin. Alex Villca, spokesman of the residents of the indigenous country San José de Uchupiamonas has however denied the words of Minister Sanchez, Villca affirmed that the Government has no intention of listening the views of indigenous people and that the decision to build the hydroelectric basin was already taken.

The construction of offshore segment of Turkish Stream gas pipeline will start in 2017

On Tuesday, Chief Executive Officer of Gazprom, Alexei Miller, affirmed that the construction of an offshore segment of Turkish Stream gas pipeline will start in the second half of the next year. The construction of offshore segment  of Turkish Stream gas pipeline will start in 2017. He added that both lines, the first one and the second one, will be put into service by 2019 year-end. Miller also said that the feasibility study of entry points of Turkish Stream gas pipeline to EU territory is close to its completion and the Turkish-Greek border is the priority destination. The Russian authorities announced the launch of the Turkish Stream pipeline in December 2014 as an alternative to the South Stream gas pipeline project. It was planned that the offshore section of the Turkish Stream gas pipeline would comprise four stretches with a capacity of 15.75 billion cubic meters each.

President Putin played an active role in the OPEC deal to cut oil production

BreakingNews @en/Energy di

The vice President of Russian energy giant Lukoil said that Russian President, Vladimir Putin, played an active part in bringing about the OPEC deal to cut oil production. Earlier, Reuters reported that Putin helped OPEC rivals Iran and Saudi Arabia set aside differences. Citing its sources, the news agency reported that Putin’s actions helped smooth the way for the deal as he acted “as intermediary” between Riyadh and Tehran. The Saudis had long insisted that Iran comply with the demand to cut production along with other exporters, while Tehran had continued to insist it should be allowed to restore output, as much of it had been lost during the years the country had spent under Western sanctions. Conflicts in Syria and Yemen have not helped relations between the Sunni kingdom and the Shiite Islamic Republic, and reports state that Saudi and Iranian OPEC negotiators had argued all through the run-up to Wednesday’s meeting. Two days prior to the Vienna gathering, Riyadh warned it would back out of the deal, threatening to boost production if Iran failed to contribute cuts. But according to Reuters, this is where the Russian leader stepped in. Citing a source close to Iranian Supreme Leader Ayatollah Ali Khamenei, the outlet reports that Putin discussed the deal in a phone conversation with Iranian President Hassan Rouhani. After the call, Rouhani and Iranian Oil Minister Bijan Zanganeh turned to the Ayatollah to explain their strategy, and subsequently received approval.

New cooperation projects with Japan seen by Gazprom company

BreakingNews @en/Energy di

Gazprom’s CEO, Alexei Miller, affirmed that the company sees new projects and directions for cooperation with Japan. Gazprom’s delegation led by CEO Alexei Miller participates in the Asia-Pacific Economic Cooperation summit in Lima (Peru). During the summit, Miller participated in meetings of Russia’s President Vladimir Putin with Vietnam’s President Tran Dai Quang, China’s President Xi Jinping, Japanese Prime Minister Shinzo Abe, where the parties discussed, among other issues, cooperation in the energy sector.

Azerbaijan President speaks about the diversification of the economy

BreakingNews @en/Energy di

Azerbaijan’s energy cooperation is based on national interests, said Azerbaijan’s President Ilham Aliyev. The president made the remarks at the opening ceremony of the 5th News Agencies World Congress and the 16th General Assembly of the Organization of Asia-Pacific News Agencies (OANA) in Baku Nov. 16. President Aliyev noted that the diversification of Azerbaijan’s economy continues, and it does not depend on a single source. Stressing the importance of Azerbaijan’s geographical location, the President said there is a need to create an appropriate infrastructure. President Aliyev said he believes the North–South and East–West Corridor will expand the export and transit potential of Azerbaijan.

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