Russian Federation

Nord Stream 2 operator files third application for gas pipeline route in the waters of Denmark

TASS Russian News Agency | Apr 15, 2019 at 12:59 PM
  • Earlier, the DEA asked the project operator to include in the environmental assessment of the projects the option of laying the pipeline in the Danish exclusive economic zone south of Bornholm.
  • In August 2018, after eight months without any indication of the timing of the Minister of Foreign Affairs recommendation, Nord Stream 2 was therefore forced to apply for a second, alternative route outside Danish territorial waters, north-west of Bornholm through the Danish EEZ.
  • The pipeline will bypass transit countries – Ukraine, Belarus, Poland and other Eastern European and Baltic countries through exclusive economic zones and territorial waters of five countries – Russia, Finland, Sweden, Denmark and Germany.

China

Tanzania will not ease ban on trade in hazardous wastes

Xinhua News Agency | Apr 15, 2019 at 12:37 PM
  • Tanzania said on Monday that it will not relax a ban imposed last month on import and export of hazardous wastes.
  • Makamba on March 22 announced a ban on importation, exportation, recycling, and collection of hazardous waste until a new system regulating the business is announced.
  • The announcement, issued after a visit to the Dar es Salaam port by Makamba and the National Environment Management Council (NEMC) Director General Samuel Gwamaka, also prohibits traders from receiving hazardous waste from anyone who does not have a permit to do so from the Vice-President’s Office.

United Kingdom

Interview: Gazprom Neft has cracked Arctic production code: strategy chief

S&P Global Platts | Apr 15, 2019 at 12:20 PM
  • Russia’s Gazprom Neft is on the look-out for partners and wants to bring down costs now it has overcome the challenges associated with Arctic oil production, its head of strategy, Sergei Vakulenko.
  • That breakthrough gained international attention due to Greenpeace activists’ efforts to derail it.
  • “It’s a matter of how to drive the costs down, how to get reliability up and so on, but it’s not a breakthrough any more [in the Arctic], not for us.

United Kingdom

Ineos hints it could pull out of UK fracking market

City A.M. | Apr 15, 2019 at 12:10 PM
  • The UK’s largest private company has “strongly hinted” it could pull out of fracking unless rules for the industry are changed.
  • Ineos is aiming to become one of the first companies to extract shale gas using the fracturing method.
  • It has been performing tests in Nottinghamshire.

United States

China’s commodity imports look tepid, may be slightly warmer: Russell

Reuters | Apr 15, 2019 at 12:00 PM
  • If you were looking for evidence that China’s economy has lost momentum, you may be tempted to think that you’ve found it in the unimpressive growth, or lack thereof.
  • Iron ore imports increased 4 percent to 86.42 million tonnes in March from February.
  • Copper imports have seen strong growth in imports of ores and concentrates.

United Arab Emirates

OPEC daily basket price announced for Friday

Emirates News Agency | Apr 15, 2019 at 11:43 AM
  • The price of OPEC basket of fourteen crudes stood at US$70.44 a barrel on Friday, 12th April, compared with $70.41 the previous day.
  • The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy crudes, including the UAE’s Murban.

United Kingdom

MOL Group acquires recycled plastics compounder Aurora

Industry Europe | Apr 15, 2019 at 11:40 AM
  • MOL Group announced that it has signed a sales-purchase agreement to acquire Aurora, a recycled plastic compounder with production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany.
  • The company’s portfolio largely consists of engineering plastics and polypropylene recyclate-based compounds.
  • Note: Aurora Group consists of Aurora Kunststoffe GmbH, Aurora Kunststoffe VS GmbH and Aurora Kunststoffe Walldürn GmbH.