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

The shipment of the first LNG line for the Arctic LNG 2 plant launched

21 july 2023

Russian President Vladimir Putin has launched the shipment along the Northern Sea Route of the first technological gas liquefaction line on gravity–type bases for Arctic LNG - 2 to the place of operation on the Gydan Peninsula.

According to the head of state, projects for the production of liquefied natural gas provide a comprehensive effect for the entire Russian economy and allow the country to win back the necessary share in the world market.

Novatek plans to launch the Arctic LNG–2 project in late 2023 - early 2024. The resource base of the company's second large-tonnage project after Yamal LNG is the Morning deposit on the Gydan Peninsula in the Yamalo-Nenets Autonomous district. It is planned to build three technological lines for the production of liquefied natural gas with a capacity of 6.6 million tons per year each and stable gas condensate up to 1.6 million tons per year.

The shareholders of the project are Novatek (60%), Total (10%), CNPC (10%), CNOOC Limited (10%) and Japan Arctic LNG, consortium Mitsui & Co., Ltd. and JOGMEC (10%).

Alex Shishlo for Rough&Polished