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. The gas pipe is estimated that will transmit from 8 trillion cubic meters to 10 trillion cubic meter gas at the first quarter of 2015 at the latest. The gas pipe is estimated to transmit gas to Ukraine...

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 documents is close to end. Survey is being carried out. It is estimated that the first gas will be sent to China in 2018. In May 2014, Gazprom signed gas contract with CNPC for 30 years. According...

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 position in the world, next to Iran (33.8 billion cubic meters), Russia (31.3 billion cubic meters) and Qatar (24.7 billion cubic meters). However its level of gas exploration falls behind other countries....

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 U.S.. Stephen Harper, the Prime Minister of Canada positions Canada as emerging energy superpower, striving for expanding oil export market. He thinks that is about Canadian national interests. ...

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. With acceleration of industrialization and urbanization, demands for valve products are increasing for high economic development. Only valve manufacturers who have competiveness can survive in...

As a kind of control valves, butterfly valve has simple structure, widely utilized in high pressure pipelines. Butterfly valve can control flow of gas, water, steam, corrosive medium, mud, oil, liquid metal, radioactive medium, etc. For its specific usage, butterfly valve is always hot-selling products. Butterfly valve connects or cuts off medium in pipelines. The disc rotates with axis inside body to open or close valve. For a long time, high requirements for butterfly valve always exist...

Currently, the idea of automation has penetrated into industries. Beside automatic upgrade for industrial production, parts of industrial equipments are merged with automatic technology, becoming new products which have more competiveness. Automatic valve is one of the new products. In recent years, for the good macroeconomic situation, quotas of manufacturing and sales maintain a high speed development. However with the influence of price war, sales revenue and profit decrease sharply. Concentration...

It is reported that the government receipts will be increased by 1 trillion USD in 2030, prices of fuel being stabilized and raises 300 thousand jobs annually, if the Congress releases petroleum export ban which has been carried out for more than 40 years. It is estimated that the prices of gasoline will be descended by 8 cents per gallon after releasing. The reason is that crude will enter into market and depress global prices. From 2016 to 2030, tax revenue related to petroleum will be...

On June 1, Iraqi Oil Ministry warned that foreign corporations should not buy petroleum from an oiler, considering those petroleum was exported from Kurdish Autonomous Region arbitrarily. Iraq also claimed that it would take legal action to foreign corporations which purchase the petroleum. Currently, Iraqi government is taking a close look at an oiler which may carry petroleum. Iraq threatens to conduct prosecution to corporations dealing with the oiler. Last week, Iraqi Oil...

As one of national industries, China valve foundry industry has obvious development in recent years. Although disturbances exist during developing, valve foundry industry is stable and rising, having become one of the highly developing machinery. Valve is the base of foundry industry or even the whole industry, having good promotion for national economy development. Statics from developed countries show that output value of valves is sum of compressor, draught fan and pump, accounting for...

Valve is a device that connects or cuts off medium in pipelines and regulates flow. It is key components in petroleum, chemical, power station, pipelines, nuclear industry, etc. China has the most valve manufacturers in the world. The number is about 6,000. In recent years, China valve industry has developed highly for national economy growth. Form January to December, 2012, nationwide total output of valves is 7,213,025 tons, increased by 11.23% compared with 2012. In 2013, total output...

China valves market expands highly for the development of petroleum. For over ten years, policies and economic situations have provided advantages to valves market, having large space for increasing. Currently, petroleum enterprises need to update equipments which have a large demand for valve. It is estimated that China valves market will be increased in further for the next few years. The demands for valves are expanding continuously. At present, China petroleum is developing into...