NEWS

February 06 2015

The temperature in Russian right now is Minus 20 C degree; four sets of GN Vertical cuttings dryer system are planning to operate during this winter in Russia.

 

The skid mounted vertical cuttings dryer system is consisted of one GNCD930 Vertical Cuttings Dryer, one catching tank, one GNLW363BG-VFD decanter centrifuge. The drilling cuttings feed from the shale shaker and mud cleaners on the rig solids control system, the oil based drilling fluids is recovered and cleaned by the GNLW363BG-VFD centrifuge. The clean drilling fluids will return to the active mud tank. The drilling cuttings discharged from the dryer with oil on the cuttings from 3-5%.

From China Daily News, we Know that Petroleum and natural gas industries play a significant role in Russia's economy, which means the decline in petroleum prices will have a huge impact on Russia's fiscal revenue and currency exchange rate. If we travel back to the 1980s, we'll see that the sharp drop in petroleum prices hit the former Soviet Union economy hard.

However, the Russian economy will not collapse, as some Western powers expect, because of the bearish petroleum market.

Compared with other emerging market economies which have also depended heavily on primary product industries over the past more than one decade, Russia is more capable to overcoming the crisis. Although Russia doesn't have as strong and highly efficient a state system as the former Soviet Union, the core leadership of Russia is expected to be steady and stable in the next five to 10 years.

GN Solids Control has already set up the branch in Russia to support our client. GN is looking to see a fast growing market in Russia market. To contact GN Solids Control Russia office go to www.gnsolidscontrol.ru