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Publish date: September 27, 2005
News
The volumes of oil products transportation in the first half of 2005 stands for 86.1 million tons. Raw oil shipment by railway reduced on 12.3% and stands for 26.4 million tons. Export of raw oil reduced on 30% and stands for 15.7 million tons.
The railway export reduction of raw oil is explained by the significant growth of customs duties. The high customs duties force oil companies sell raw oil in the internal market and reprocess it at the Russian oil reprocessing plants. Reduction of oil shipments by YOUKOS is another important factor, influencing on shipment volumes, RusEnergy informs.
According to the specialists from the Russian Railways, oil is not the main cargo of the railways, the basic one is oil products. Railways started to transport oil when export volume was so high, that oil pipelines could not handle such volumes. The nowadays tendency is reduction of raw oil railway shipment, which is compensated by growth of oil products shipment.
The Russian Railways expects 5% growth of all oil products shipment in 2005 and reduction of raw oil transportation on 5 million tons.
Today the European Parliament voted in plenary on a variety of crucial climate files, including the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA). These votes send strong signals on the need for coherent climate policy which supports and manages the deployment of Carbon Dioxide Removal and Carbon Capture and Storage in an environmentally robust way.
We’re excited to share that we will be present at COP28! The Bellona Foundation will be hosting the Storytelling for Action Pavilion in the Blue Zone alongside BAFTA albert, Futerra and Think-Film Impact Production.
Safeguarding the chapters on CCS in the NZIA are crucial, so says the 23 co-signatories to our letter sent to EU Member States and European Parliament. The NZIA is a golden opportunity to ensure appropriate development of much-needed CO2 storage capacity, enabling industrial decarbonisation and a Just Transition by the retention of important welfare-carrying jobs in the harder-to-abate sector, while at the same time ensuring the proportionate contribution of Oil and Gas companies.
Overall, the target setting in the EU is an example that other regions of the world should follow in terms of creating demand for hydrogen in the right sectors, while backing it up with the renewable generation deployment to meet the demand from the electrolysers. However, the supportive landscape that could ensure targets are met is largely missing, leaving the EU strategy towards hydrogen use ambiguous and thus less effective.
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