Page 5 of Valve Industry News, Industrial News - China Topper

Industry News

War in China's Valve Industry May Upgrade

As a giant industry group, valve industry plays a key role in national economic construction. Currently, low-end valve products have realized nationalization. High-end valve products are taking place of imported products gradually, pushing China's valve industry into to international competition....

Canadian Government Approved Northern Gateway Oil Pipeline

On June 17th, Canadian government approved to build a new oil pipeline named as Northern Gateway from oil fields in northwest of Canada to Canadian coast in order to export oil to countries in Asian-pacific areas, mainly to China.   Currently, ally of oil exploited in Canada are supplied to the...

China Helps Turkmenistan Improve Output of Gas

With the help of huge investments and equipments from China, Turkmenistan plans to improve output of gas substantially and export 65 billion cubic meters to China annually before 2020.   It is reported that proven gas reserves are 17.5 billion cubic meters in Turkmenistan, ranking at the fourth...

Power of Siberia Gas Pipe Will Begin in August

It is reported that Power of Siberia gas pipe will begin to be built in August to supply gas to China.   Gas being supplied to China will be exploited at Chayandinskoye gas field in the eastern Siberia. Currently, equipment installation is being prepared busily in gas fields. Protocol of design...

EU Will Supply Gas to Ukraine through Gas Pipe Vojany

It is reported that a gas pipe Vojany will be fully operational in September to transmit gas from EU to Ukraine.   Thomas Marecek, the chairman of Eustrem showed that gas pipe Vojany originated from Slovakia was planned to supply 10 billion cubic meters gas to Ukraine annually before 2019.  ...

Ukraine Will Import 7.23 Cubic Meters of Gas

On last Friday, Ukrainian government said that Ukraine would need to import 7.23 cubic meters of gas from August in this year to March in the next year to ensure its own economy run smoothly during high demand seasons.   Ukrainian government predicts that most of gas will be imported from Europe...

Global Demands for Gas Will be Increased Annually By 2.2%

Interim report of annual gas market published by IEA shows that global demands for gas are estimated to be increased annually by 2.2% by the end of 2019.   LNG (liquefied natural gas) can meet most of demands for gas. New-built gas pipeline can also play an import role in meeting the demands for...

A New Oil Crisis May Be Caused by ISIS

Global price of crude oil had ever reached the highest level since 9 moths, after ISIS (Islamic State of Iraq and the Levant) capturing the northern of Iraq. If output of crude oil in Iraq is reduced by 1/3, global prices of crude oil will be increased by 40 USD per barrel, which may strike tender global...

Gas from Iran Will Strengthen Energy Safety in India

Modi government attaches great importance to gas from Iran. Oil Ministry has ever proposal to restart the construction of gas pipe from Iran to India crossing though Pakistan. That is the third gas pipe that new Indian government strives to build.   Three months ago, Modi government supported the...

Valve Manufacturers Should Enhance Innovation in China

Currently, valve manufacturers are lack of innovation in China, impeding the development of valve industry. Nowadays, many valve manufacturers innovate less after introducing advanced technology. When overseas clients visit China’s heavy industry projects such as power and petroleum, they find...

Mongolia Expects to Sign Gas Supply Contract with China

It is reported that Mongolia is seeking for signing gas contract with China in August which will expand energy supply in China, the second largest economic entity in the world and reinvigorate foreign investments in Mongolia.   Recently, when Erdenebulgan Oyun, the vice minister of Ministry of...

China-Burma Gas Pipe Has Operated Safely for One Year

It is reported that China-Burma gas pipe has operated safely for one year by July 27. Accumulative total of gas having been transmitted to China from the west coast of Burma is 1.87 billion cubic meters. Otherwise, the pipe distributes 60 million cubic meters of gas to Burma, providing new power to...

IEA: China Will Usher Golden Age of Gas

IES shows that for promotion of constantly increasing demands, golden age of gas in North America will expand to China in the next 5 years.   New interim report of gas market published IEA points out that the demands for gas in China will be double nearly by 2019. The increasing demands for gas...

Japan Sets Foot in Gas Fields in Mozambique

It is reported that the Ministry of Economy of Japan will provide resource assistance development to Mozambique, an African country that discovered world-class scale gas fields. The two governments reached an agreement on July 31.   To ensure that Japanese enterprises can also participate in development...

Apparent Demands for Gas in China Increasing Constantly

The new International Gas Report published by Platts points out that the total apparent demands for gas in China was 1.391 ten billion cubic meters in June, increasing by 7.9% on year-on-year basis while falling by 4.7, compared with previous month. In the fist half of this year, the total apparent...

Gas Output in Russia Decreased by 1.7%

It was reported that the total gas output in Russia was 3.74688 hundred billion cubic meters from January to July, 2014, decreasing by 1.7%, compared with the same period of 2013, according to the data of the Russian Federation Ministry of Industry and Energy. Meanwhile, Russia exported 1.17 hundred...

Ukraine: Forbid Russia Supplying Gas to Europe

It was reported that Arseniy Yatsenyuk, the Prime Minister of Ukraine stated that Ukraine was ready for sanctioning Russia, forbidding any transit transportation through Ukraine, including flights from Russia to Europe and supplying gas to Europe from Russia. Ukraine will utilize par of aid funds from...

South Stream Gas Pipe Will Not Be Abolished

It is reported that in recent days, Gerhard Reus, the CEO of OMV states that South Stream gas pipe in contemplation will not be abolished although the western and Russia confront each other because of the crisis in Ukraine.   The CEO said, “The gas pipe is a program which will last for 50...

Russian Oil Export to Asia Reaching a New High Level

For the deteriorating relationship with the Western deteriorating, Russian energy industry is treating Asia as its new axis of business. Russian oil export to the region has already reached a new high level in history. Many analysts also predict that Russia will promote part of Asian energy enterprises...

Nigerian President Appealed to Increasing Gas Supply

It is reported that recently, Jonathan, Nigerian President appealed to increasing gas supply, because insufficient gas has already raised the costs of manufacturers and threatened the policy that the government controls prices. In Nigeria, gas is main fuel used to generate electricity by most of enterprises....