The National Commission for Regulation of Energy, Housing and Utilities Services (NCER) has issued a license for the supply of natural gas to TrailStone Energy LLC (Kyiv).
The decision to grant a license to the Ukrainian subsidiary of the trader TrailStone was made at a meeting of the regulator on January 16.
As reported, the NCER has already issued about 400 licenses for gas supply in Ukraine. In particular, the licenses were received by the large world companies and traders represented by Trafigura, Engie, MET, AOT Energy, DufEnergy.
TrailStone was founded in April 2013 by the team that previously held the leading posts at Deutsche Bank. The investor in TrailStone was the American private fund Riverstone Holdings LLC, founded in 2000, with offices in New York, London, Houston, and Mexico. During its existence, the fund has invested about $30 billion in more than 110 companies in North America, Latin America, Europe, Africa, and Asia.
TrailStone became one of the first sellers of gas from Europe to Ukraine, supplying it to Naftogaz Ukrainy.
Ukraine has fully used basic and additional quotas for wheat and maize supplies to the European Union for 2018, the Ukragroconsult consulting agency has reported.
“In the period from January 1 to January 5 Ukraine fully used both basic and additional quotas for exports of wheat and maize to the EU countries in 2018,” the agency said on its website.
Thus, quotas for the supply of wheat and corn have been 100% used (1.035 million tonnes and 1.125 million tonnes respectively).
The quota for duty-free barley exports as of January 5 had been 2.5% used (15,680 tonnes from the approved 615,000 tonnes).
As reported, Ukraine has also fully used basic quotas for duty-free supplies of honey (about 8,000 tonnes), grape and apple juice (14,000 tonnes) from Ukraine to the EU.
Interpipe international vertically integrated pipe and wheel company has completed CAL IV certification of own Ukrainian Premium Joint (UPJ-M) gas tight coupled and threaded connection for OCTG pipes (Oil Country Tubular Goods) meeting ISO 13679 standard of CAL IV level, the company said. At the same time, as gas and oil are more often produced in the complex geological conditions, the wells become not only obliquely directed, but also horizontal, which results in the toughened requirements to the pipes. Threaded connections play the key role in the reliable operation of pipes in a well.
The obtained certification confirms the correspondence of the Interpipe UPJ-M threaded connection to the highest level of CAL IV requirements (CAL – connection application level). Qualification tests were held in Italy.
Connection type CAL IV is a mandatory requirement in many oil and gas projects in the Middle East, Asia-Pacific, Latin and Central Americas and the CIS. The presence of this connection will allow the company to meet the technical requirements of previously inaccessible projects.