Arcelor Mittal, Oil and Gas
The Ukrainian largest metallurgic enterprise ArcelorMittal Krivoy Rog has started reverse gas imports from Europe omitting Naftogaz, following the example of Odessa Priportovy plant. Since October, the metallurgic combine imports gas via Slovakia. Its daily consumption is 2 million cubic m of gas. The seller is the affiliated company ArcelorMittal Energy.
Gas price is $360 per 1,000 cubic m, a source in the Ministry of Energy and Coal resources claims. Concerning taxes and transporting expenses, the final price is $480.
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Kazakh Prime Minister entrusts Ministry of Industry and New Technologies to work out measures of Arcelor Mitall Timertau state supportEdited by Rhod Mackenzie / 2013-06-11 10:34:58
On Tuesday, the Kazakh Prime Minister Serik Akhmetov entrusted the Ministry of Industry and New Technologies to work out and submit measures of Arcelor Mitall Timertau state support to the Government.
“Today we consider issues, connected with crisis management programs of our largest companies. According to preliminary results of Arcelor Mitall Timertau, the company has capabilities, it finds its niches – if the export in some directions decreased – for example, to Iran and China, new possibilities with Russia and Europe appeared, and the main thing, to which I’d like to pay attention is use of needs of the domestic market,” – Akhmetov said at the session of the Government.
Kazakhstan increased oil products imports from Russia, being afraid of the governmental limitation for Russian fuel imports. Despite overstocking at the internal market, in January – March imports increased from 386,000 tons to 458,000 tons. The most rapid growth is observed in supplies of Russian petrol. In January 2013, Kazakhstan was going to decline Russian oil product imports due to broadening of tolling operations with China. In March 2013, they reported that Kazakhstan was going to limit imports of some sort of oil products from Russia.