EU Gives Green Light to Finland’s Second LNG Terminal

first_imgzoom The European Commission has given its consent to Finland’s plans to grant EUR 28 million (USD 31.5 million) for the construction of a second small scale liquefied natural gas (LNG) terminal at Hamina, on Finland’s South-East coast.The European Commission said that the project, which is expected to improve security of energy supply in the region and contribute to reducing carbon dioxide emissions, is in line with EU state aid rules and would not unduly distort competition in the single market.“The Hamina LNG terminal is one of several planned in Finland. These small scale LNG terminals will provide a new source of cleaner fuel for the maritime industry and diversify Finland’s gas supply sources,” Commissioner Margrethe Vestager, in charge of competition policy, said.The Hamina project is part of Finland’s plans to create a network of small LNG terminals with the aim of offering LNG fuelling stations for ships and ensuring an additional source of gas for Finland.The Hamina LNG terminal will also contribute to the development of infrastructure supporting alternative fuels in a port that is part of the trans-European transport network (TEN-T).The Hamina terminal will have a storage capacity of 30,000 cubic meters. The public funding of EUR 27.6 million would cover 30% of the total investment costs, while the remainder would be funded by the developer and future owner of the terminal.This is Finland’s second aid approval for a small scale terminal, as the country received a nod for another LNG terminal in September 2015. The terminal, which will be located at Pori on the West coast of Finland, is scheduled to be completed in autumn 2016.last_img read more

Mechel resumes mining at NewOlzherassk underground top coal caving mine

first_imgMechel OAO, one of the leading Russian mining and metals companies, announced that coal mining at New-Olzherassk Underground mine has been resumed following spontaneous combustion problems. By the year’s end, New-Olzherassk’s section # 21-1-7 is planned to yield some 352,000 t of coal. The reserves of this longwall face are estimated at some 3 Mt. The face is equipped with mechanised shield supports made by ZF of China and a shearer, a face conveyor and outbye conveyor from Joy Mining Machinery in the UK.This equipment allows the company to “use a unique top coal caving method enabling thick seam mining in one coal layer of up to 10 m. This technology proved the best for the mine’s geological conditions,” Mechel says.“Mining in the production area of New-Olzherassk Underground mine, which belongs to Southern Kuzbass Coal Company, was suspended in August 2010 due to coal self-heating.”last_img read more

Metso adds to Lokotrack range with LT220D

first_imgAt CONEXPO 2014, Metso launched the Lokotrack LT220D which it states is “the most compact track-mounted combination of a cone crusher and a screen ever made.” The company believes that the model will revolutionise the way small mine and quarry contractors operate around the world. Combining a cone crusher and a screen into a single track-mounted plant, the Lokotrack LT220D reduces operational costs in several ways, most notably by substantially lowering fuel consumption and reducing the need for maintenance. In addition, the unit is compact and highly transportable.”Soaring, unstable fuel prices create demand for plants that are increasingly energy efficient and for new ways to operate. However, you can only increase the efficiency of a single machine up to a certain limit. Going beyond that point requires out-of-the box thinking and new innovations,” says Jarmo Vuorenpää, Project Manager at Metso Mining and Construction, describing the design process. The Lokotrack LT220D is designed with aggregate contractors in mind, who often haul equipment on a weekly basis while striving to keep costs down. Because of its excellent transportability, the Lokotrack LT220D enables contractors to take on smaller contracts that previously would have been unprofitable for them. “The Lokotrack LT220D is the first-ever track-mounted crusher/screen combination with such compact dimensions and good transportability,” Vuorenpää continues.The fuel economy of the Lokotrack LT220D is the sum of several features. Running both the crusher and the screen with a single Cat C13 309 kW diesel engine clearly makes a big difference. An efficient power transmission system enables maximum power for operating. The result is substantially decreased fuel consumption with no compromises on capacity. Meanwhile, a reduced number of transported units and a quick set-up translate into a significant increase in effective production time. Hydraulically operated screen lifting and folding side conveyors enable the Lokotrack LT220D to be ready for use in minutes. The total weight of 48 t and the compact transport dimensions make the Lokotrack LT220D easily transportable around the world, giving contractors plenty of flexibility.The Lokotrack LT220D is equipped with a proven, high-performing Metso cone crusher, either the HP200 or the GP220. An intelligent control system ensures safe and reliable processes in all applications. Paired with Metso’s Lokotrack LT106 mobile jaw plant, the new secondary unit is capable of producing up to three calibrated end products. Designed and manufactured in Tampere, Finland, Metso has shipped more than 6,000 Lokotrack plants globally in the past 29 years to customers ranging from aggregate contractors to major mining companies. Today, Metso also supplies locally engineered and manufactured Lokotrack models for the Indian market and will develop the track-mounted crushing and screening business in China through its recently established LiuGong-Metso joint venture.last_img read more