Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Novatek preparing to ship the first batch of gas from Arctic LNG-2 project

29 january 2024

Novatek may begin shipping the first batch of liquefied natural gas from the first line of the Arctic LNG-2 project as early as February, Russian Deputy Prime Minister Alexander Novak was quoted by TASS as saying.

The participants of the Arctic LNG 2 project are Novatek, the largest independent producer of natural gas in Russia (60%), the French corporation TotalEnergies (10%), Chinese CNPC (10%) and CNOOC (10%), The Japan Arctic LNG, a consortium that is 25% owned by Mitsui and 75% owned by JOGMEC, holds a 10% stake in Arctic LNG-2.

It is planned to construct a total of three LNG production lines for the project with a design capacity of 6.6 million tons of LNG per year each and up to 1.6 million tons of stable gas condensate per year.

The resource base of the project is the Morning field, located on the Gydan Peninsula in the Yamalo-Nenets Autonomous District. The launch of the first and second lines is planned in 2024, and the third in 2026.

Alex Shishlo for Rough&Polished