Tag Archives: KazTag

European investors are going to produce “green” hydrogen in Kazakhstan, said the Ministry of Foreign Affairs of Kazakhstan. “Foreign investors see Kazakhstan as an attractive destination for major renewable energy projects,” said the report. As specified, the results of the study of the country’s potential in this direction were reported …

China is set to build its largest import liquefied natural gas (LNG) terminal with operations slated to start in 2022, state media CCTV reported. According to the broadcaster, the LNG “reserve base” will be located in the Jiangsu province, eventually featuring 20 million tonnes per annum (Mtpa) importing capacity. During …

OPEC has managed to raise crude prices and stabilise the oil market, OPEC member Iran’s oil minister was quoted on Monday as saying by his ministry’s website SHANA, reports Reuters. “OPEC’s performance has been successful because the price of oil has risen from $16 in May to around $45 and …

The International Energy Agency lowered its global oil demand forecasts for the first time in several months on Thursday, as the number of Covid-19 infections remains high and amid ongoing weakness in the aviation sector, reports CNBC. In a closely-watched monthly report, the IEA said it now sees global oil …

US LNG export capacity is rapidly coming onstream.

Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.

Russia will cut production by 228.000 barrels per day.

Eni operates 2 oil and gas fields in Kazakhstan – Kashagan and Karachaganak.

Saudi Arabia wants to make Pakistan’s economic development stable through establishing an oil refinery.

EAEU and Iran signed a temporary agreement on free trade zone.