Exclusive
Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets
Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.
16 september 2024
Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns
David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.
11 september 2024
Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever
The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...
02 september 2024
Amplats sees prospects as a standalone company
Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...
19 august 2024
WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges
Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...
12 august 2024
Novatek to order in Turkey floating power plant for Arctic LNG-2
As goarctic.ru reports, this solution will eliminate the problem that arose due to the refusal of the American Baker Hughes to supply gas turbines to Russia, which are necessary for gas liquefaction and power supply of production lines of one of the largest domestic polar projects.
The LM9000 turbines were already contracted by Novatek: Baker Hughes was supposed to produce about 20 LM9000 turbines with a capacity of up to 75 MW for Arctic LNG-2, created on the basis of an engine for a Boeing 777 aircraft, but the deal fell through due to sanctions against Russia.
There were no domestic analogues – the Power Machines company operating in this niche offers industrial turbines with excess capacity for this project, so a Turkish manufacturer was chosen.
The issue of power supply of the second and third lines of the plant remains open. Perhaps this task will be solved during the redesign - by replacing turbines with electric drives (which will require the construction of additional power processing facilities); an alternative option is to continue cooperation with Karpowership and purchase new floating stations of Turkish production.
Alex Shishlo for Rough&Polished