Украина признала Argus источником ценовой информации
Правительство Украины признало котировки Argus в качестве официального ценового ориентира, после того как новая редакция закона «О публичных закупках» была принята украинским парламентом и утверждена президентом страны Владимиром Зеленским.
Такое решение упрощает использование котировок Argus в ходе госзакупок природного газа, бензина, дизтоплива, битума, мазута, сжиженного газа, металлов, базовых масел и прочих сырьевых товаров.
Котировки Argus уже применяются в формульном ценообразовании на рынке Украины. Так, госкомпания «Укргазвыдобування» продает бензин марок А-92 и А-95 Shebel, а также риформат производства Шебелинского ГПЗ (Харьковская обл.) по долгосрочным контрактам, цены для которых рассчитываются на основе эталонной котировки Argus Eurobob Oxy. Стоимость бензина, поставляемого на рынок Украины из Белоруссии, также рассчитывается с учетом этой котировки.
Котировки Argus используются при поставках сжиженного углеводородного газа (СУГ) на рынок Украины. «Лукойл», а также крупнейший казахстанский производитель газа «Тенгизшевройл» отгружают сжиженный газ по формульным ценам, основанным на котировках сжиженного газа на базисе daf граница Украины, которые публикует Argus. В формулах расчета цен на СУГ из Белоруссии, России, Польши и других стран применяется котировка Argus daf Брест.
Министерство развития экономики, торговли и сельского хозяйства Украины (прежнее название — Минэкономразвития Украины) рекомендует ориентироваться на котировки Argus в ходе государственных закупок природного газа c использованием электронной тендерной системы ProZorro.
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India to launch policy to boost critical mineral supply
India to launch policy to boost critical mineral supply
Mumbai, 20 May (Argus) — India is working on a critical mineral policy to boost domestic supplies, and plans to collaborate with resource-rich countries in critical minerals mining and processing. The mines ministry and related government institutes like the Geological Survey of India (GSI) are working on a policy to drive domestic exploration and processing of critical minerals, a source close to the development told Argus . Discussions are currently progressing, the source added without providing details on the timeline. India is looking into all aspects to boost domestic production of critical minerals, the source said. India is also seeking critical mineral supplies from overseas to feed burgeoning demand from the green energy and electric vehicle (EV) industries. The Indian government is in talks with several countries including Chile, Australia, and some African countries, over opportunities for mining and technology collaboration for lithium processing and other critical minerals. Critical minerals like copper, lithium, nickel, cobalt and rare earths are important for the development of clean energy technologies, including wind turbines, solar panels, electric vehicles and battery storage. It is crucial for India, which currently relies heavily on imports of lithium-ion cells from China, Japan and South Korea, to develop a robust battery supply chain to meet its ambitious target of 30pc EV penetration by 2030. India is currently conducting feasibility tests on five projects of lithium and cobalt in Australia , said Ministry of Mines' secretary VL Kantha Rao at Khanij Bidesh India (Kabil)'s office opening ceremony on 11 May. Kabil, a joint venture between state-run Nalco and Hindustan Copper and Mineral Exploration, was formed to explore and produce strategically important minerals overseas. The firm in January signed an agreement with Argentinian state mining company Catamarca Minera y Energetica Sociedad del Estado (Caymen) to explore five lithium brine blocks in the Catamarca province of Argentina. India's mines ministry and Rao held several meetings over the past two months with the Chilean government and Chilean state-owned firms such as Empresa Nacional de Mineria and Codelco on critical minerals opportunities. India has also spoken with deputy minister of mining and heavy industry of Mongolia, Uyanga Bold, on co-operation in the critical mineral sector. By Samil Surendran Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Japan’s FEPC calls for clearer nuclear policy stance
Japan’s FEPC calls for clearer nuclear policy stance
Osaka, 20 May (Argus) — Japan's Federation of Electric Power Companies (FEPC) has called for a clarification of the country's nuclear power policy, to ensure stable electricity supply and alignment with its net zero emissions goal. The call comes as the government reviews its basic energy policy , which was formulated in 2021 and calls for the reduction of dependence on nuclear reactors as much as possible. But Japan's guidelines for green transformation, which was agreed in February 2023, states that Japan should make the most of existing nuclear reactors. Tokyo should clearly state in its new energy policy that it is necessary to not only restart existing nuclear reactors, but also build new reactors, said FEPC chairman Kingo Hayashi on 17 May. Hayashi is also the president of utility Chubu Electric Power. Hayashi emphasised that to utilise reactors, it would be necessary to have discussions regarding financial support, policy measures that would help ensure cost recovery, address back-end issues in the nuclear fuel cycle and conduct a review of nuclear damage compensation law. Japan's current basic energy policy is targeted for the April 2030-March 2031 fiscal year, when the country's greenhouse gas (GHG) emissions is forecast to fall by 46pc from 2013-14 levels. To achieve this, the power mix in the policy set the nuclear ratio at 20-22pc, as well as 36-38pc from renewables, 41pc from thermal fuels and 1pc from hydrogen and ammonia. Japan typically reviews the country's basic energy policy every three years. Nuclear, as well as renewables, would be necessary to reduce Japan's GHG emissions, although thermal power units would still play a key role in addressing power shortages. But Japan has faced challenges in restarting the country's reactors following safety concerns after the 2011 Fukushima nuclear disaster, with only 12 reactors currently operational. Japan's nuclear generation in 2023 totalled 77TWh, which accounted for just 9pc of total power output. Tokyo has made efforts to promote the use of reactors, after the current basic energy policy was introduced in 2021. The trade and industry ministry (Meti) has updated its nuclear policy, by allowing nuclear power operators to continue using reactors beyond their maximum lifespan of 60 years by excluding a safety scrutiny period in the wake of the 2011 Fukushima nuclear disaster. This could advance the discussion on Japan's nuclear stance, especially if the new basic energy policy includes more supportive regulations. The trade and industry ministry started discussions to review the energy policy on 15 May, aiming to revise it by the end of this fiscal year. It is still unclear what year it is targeting and what ratio will be set for each power source in the new policy. But the deliberation would form a key part of efforts to update the GHG emissions reduction goal, ahead of the submission of the country's new nationally determined contribution in 2025, with a timeframe for implementation until 2035. By Motoko Hasegawa Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Iran's president dies in helicopter crash
Iran's president dies in helicopter crash
Dubai, 20 May (Argus) — Iran's president Ebrahim Raisi has died in a helicopter crash alongside his foreign minister Hossein Amir-Abdollahian, state media reported early today. The two were confirmed dead more than 12 hours after news broke on 19 May afternoon that a helicopter carrying them had suffered "a hard landing" in Iran's East Azerbaijan province as he was returning from Azerbaijan, where he had inaugurated the Qiz Qalasi dam, alongside his Azeri counterpart Ilham Aliyev. "Ayatollah Seyed Ebrahim Raisi, the eighth president of the Islamic Republic of Iran, who had an air accident on Sunday evening as he was returning to [the Iranian city of] Tabriz from the inauguration ceremony of the Qiz Qalasi dam…reached martyrdom, along with his companions," Iran's state news agency Irna reported. The governor of Iran's East Azerbaijan province, Malek Rahmati, and Ayatollah Mohammad Ali al-Hashem, the representative to the province of Iran's supreme leader Ayatollah Ali Khamenei were also on board the helicopter. More than 50 search and rescue teams were dispatched, with support from allied countries, including Russia. Moscow said on 19 May it had sent 47 specialists, all-terrain vehicles and a BO-105 helicopter. Difficult weather conditions, nightfall, and the mountainous terrain had "complicated efforts" by the search and rescue teams to first locate the exact site of the crash, and then reach it, said Iran's interior minister Ahmad Vahidi. But officials on 20 May reported that the search had narrowed, with the head of Iran's Red Crescent Pir Hossein Kolivand confirming at around 06:00 local time (02:30 GMT) that the wreckage had been found. On arriving at the site, rescuers confirmed that there were "no signs of life." Images shared by state media showed only the helicopter's tail had remained intact, with the entirety of the helicopter's cabin significantly damaged and charred. The investigation into the cause of the crash is continuing, but all Iranian officials are pointing to the bad weather as the primary reason for the helicopter losing control. Iran's cabinet held an extraordinary meeting in the aftermath of announcement of the president's death. This was chaired by the country's first vice president Mohammad Mokhber, who will assume the president's powers and functions with the approval of the supreme leader, as per the constitution. A council, consisting of the speaker of the parliament, head of the judiciary and the first vice president, will now be obliged to arrange for a new president to be elected within a maximum of 50 days. This requires that an election now be held on or before 9 July. By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Australia’s cropping conditions mixed: GPA
Australia’s cropping conditions mixed: GPA
Sydney, 20 May (Argus) — Australia's cropping regions show an imbalance as the winter crop planting period progresses, according to the Grain Producers Australia (GPA) latest 2024 season update. The report, which collected perspectives from GPA representatives in different cropping regions, revealed how dryness in Western Australia (WA) and Southern Australia (SA) is in contrast to favourable soil moisture and rainfall levels in the east Australia cropping regions of Queensland, New South Wales (NSW) and Victoria. WA growers are continuing to dry sow crops awaiting a significant rainfall event or "break" to germinate their crops. While some rain had fallen in May, most of the WA grain belt remains dry. Planting decisions in WA were influenced by the lack of rainfall, anticipated yields and future prices, according to the GPA report. Some growers are considering reducing their canola crop as the future price per tonne was unappealing, while others had already cut back their intended crop because of a dry rainfall outlook until June and the cost of canola seed. Others have withheld canola planting as they wait for a material seasonal break. These perspectives are consistent with the Grain Industry Association of Western Australia's May crop report that projected canola area in 2024 would be down overall from 2023 because of dry conditions. The GPA report also stated anxiety among WA growers were heightened because of a relatively poor season last year, along with the ability of some growers to diversify income streams with a government decision to ban live sheep exports by May 2028. Northern and central western NSW had good rainfall and a positive start to the season, while growers in southern NSW were looking for rain to germinate dry sown crops. Victoria has good soil moisture for seeding, although one GPA member said access to some fertilisers was an issue for growers who wanted it on hand for winter. Queensland has had wet weather for its summer crop harvest. The sorghum harvest period, usually finished during February–March, according to GPA, was disrupted by heavy rainfall around Easter. This reduced crop quality and could potentially delay winter crop planting, according to a GPA member. The US Department of Agriculture crop calendar for Queensland indicates the typical planting period for winter crops of barley and wheat is May and April-July respectively. By Edward Dunlop Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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