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Varandey oil terminal became Sea Port Varandey

Publish date: September 15, 2006

During recent year Lukoil company has been operating the oil terminal near nenets settlement Varandey, which suffered oil accidents earlier, since the beginning of the 90s. Company Varandey terminal addressed to the local administration with the request to rename the site to Sea Port Varandey. The local administration considered Lukoil’s input to the Barents Sea infrastructure development as positive and agreed to rename the site. Sea Port Varandey should be put in operation in the end of 2007. The port design has been agreed with the Russian Emergency Ministry, portnews reported.

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Open Letter: Urgent Call to Action – Ensure the Net Zero Industry Act CO2 Storage Injection Capacity Target protects EU industrial decarbonisation efforts and a Just Transition for All

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.

Europe’s Hydrogen Journey: It’s Time to Move from Hype to Prudent Planning 

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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