|TOPIC OF THE ISSUE|
|MINIrefining IS STILL IN FASHION|
Small and medium refineries — building effective production and sales solutions
The problems of small and medium refineries have been a topic of discussion on many levels for various years, but meanwhile the number of mini-refineries is growing out of control independent of any discussions and decisions. Obviously, the Russian government's «headache» is how to develop the small and medium business which is supposed to give rise to the middle class which is the basis of production in all civilised countries. There should be some movement in that direction. «The government is discussing the need to set up refineries independent of vertically-integrated oil companies and is even considering allocating funds for these needs from the budget and other sources of financing», Deputy Federal Antimonopoly Service (FAS) Director A. Golomolzin said.
|PERSON OF THE ISSUE|
|Where East meets West|
Murat Seitnepesov, Chairman of the Board of Directors at EMEX Turkmenistan Ltd.
Business people find it easy to understand what lies behind the question: « Where does the East meet the West?» Their answer is simple: where the ground is ready for mutually-advantageous and effective partnerships. Turkmenistan and its oil and gas riches are attracting China, Russia, the EU and Iran. Today the country is raising its exports of natural gas and oil products and striving to increase and diversify its delivery volumes.
|PHOTO OF THE ISSUE|
|Moss Sirius stops searching for oil|
On 17 June, the Sea-Based X-Band Radar (SBX) entered harbour in Holland. After reconstruction, the radar platform is no longer searching for oil. The SBX on Moss Sirius now searches for Chinese and Korean missiles.
|Back in the passing lane|
Transneft has restarted a project to build the second line of the Baltic Pipeline System (BPS) Unecha-Ust-Luga, which was incubated in January 2007, when a Russian-Belarus conflict over customs duties on crude erupted.
Lukoil acquires 45% of a Dutch refinery
For Russian companies, the global crisis has served as a reason to enlarge their presences on international markets. A year after buying 45% of shares in the Italian refinery ISAB, Lukoil negotiated a new acquisition on the European refining market — a 45% stake in a Dutch facility, Total Raffinaderij Nederland (TRN). This Lukoil purchase closed the company's needs for refining assets in Southern and Northern Europe. The Russian company continues to seek opportunities to make new acquisitions in Central and Eastern Europe, but will have to wait until attractive assets are put on the market.
Volgogradneftemash unloads equipment for Russian and Belarussian refineries
At the beginning of the year, OILMARKET wrote about a large refinery construction project in Nizhnekamsk. The new facility has given Russian machine tooling enterprises plenty of work. At the beginning of summer, Volgograd companies finished their part of the project delivering the refinery's largest unit, an ELOU-AVT-7 vacuum column. In addition to that, Volgogradneftemash has finished two other projects for refiners in Mozyr and Kirishi.
|The Pacific Rim oil and gas market —|
the main destination for new export supplies from Russia
An analysis and forecast of the markets for oil and gas markets and products refined from them as well as chemicals is an important element of complex geological-economic assessments of the development of the oil and gas complex on both national and regional levels and an inalienable part of justifying the commercial effectiveness of specific investment projects.
|Surprises from the monopolist|
Gazprom and Turkmenistan: relationship checked by crisis
Having been forced to curtail its gas production, Russia's Gazprom risks losing the delicate loyalty of Turkmenistan trying to reduce its revenue from selling the blue fuel. This is a twist which China could bend to its advantage.
|Aerospace technology for gas fields|
A group of Russian scientists and engineers (from the ENGO Centre foundation East-West business partnership) has designed and tested a new, super-sonic technology for compressing and separating components of gas mixtures in industrial settings – 3S (SuperSonicSeparation).
|How to control pipelines efficiently|
Schneider Electric and KROHNE are joining their efforts to create new technical solutions in the oil and gas sector
Schneider Electric is a leading designer and supplier of energy-efficient solutions and automation systems, while KROHNE is one of the leading manufacturers of gauges. On 23 June, the two companies announced the beginning of co-operation aimed at creating complex systems for managing pipeline transports.