Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, underlined the continued importance of natural gas in the global energy mix during a leadership dialogue at the World Gas Conference (WGC) in Beijing, Trend reports. Speaking at the event, Minister Al-Kaabi said that economic …
Read More »U.S. LNG Export Surge Expected to Impact Prices, Natural Gas Markets
The U.S. is set to see a 19% increase in liquefied natural gas (LNG) exports, reaching 14.2 billion cubic feet per day (Bcf/d) in 2025, according to the U.S. Energy Information Administration’s (EIA) March 2025 Short-Term Energy Outlook (STEO), Trend reports. This growth is primarily fueled by the launch of …
Read More »Eni Updates on Renewable Energy Expansion in Kazakhstan
Eni has significantly expanded its presence in Kazakhstan, balancing its operations in major oil fields such as Kashagan and Karachaganak with a growing commitment to renewable energy, a source at Eni told Trend. “In Kazakhstan, we are actively involved in the exploration, development, and production of hydrocarbons and natural gas, …
Read More »QatarEnergy Expands LNG Fleet with Long-Term Contracts for New Vessels
QatarEnergy has selected a joint venture between Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (CSLNG) to own and operate six QC-Max size LNG vessels, Trend reports. The vessels will be constructed by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC), in China. …
Read More »Kazakhstan Eyes Alternative Oil Route via Baku-Supsa Pipeline
Kazakhstan continues to discuss the possibility of oil shipments via the Baku-Supsa pipeline, Almassadam Satkaliyev, Minister of Energy and Mineral Resources of Kazakhstan, said in a report during the government hour in the parliament, Trend reports. “Discussions are underway regarding the Baku-Supsa pipeline. The pipeline has a capacity of 5 …
Read More »Kazakhstan Discloses Oil Transportation Volume for 10M2024
The volume of oil transportation through the system of main oil pipelines amounted to 57.8 million tons of oil from January through October 2024. Data obtained by Trend from the Ministry of Energy of the Republic of Kazakhstan reveals that, as of the end of October, more than 26 percent …
Read More »Azerbaijan’s Gas Output may Surpass Oil Production, Says Rystad Energy
Azerbaijan’s gas production is poised to outpace its oil output, driven by a series of significant projects in the pipeline, Rystad Energy, an independent research and business intelligence firm, told Trend. The country’s upstream gas sector is on track for substantial growth, aiming to increase gas output by 51% to …
Read More »Eni Launches Gas Production from Italy’s Largest Offshore Dev’t Project
Eni has officially commenced gas production from the Argo Cassiopea field in Italy, Trend reports. The gas, extracted from one of four subsea wells recently drilled in the Strait of Sicily, is being transported via a 60-kilometer subsea pipeline to the Gela processing plant. Once processed, the gas will be …
Read More »Turkmenistan Ready to Start Work on TAPI in Afghanistan
Turkmenistan is ready to start work on the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in Afghanistan’s territory, Trend reports. Turkmen Foreign Minister Rashid Meredov announced this during an online meeting with Afghan Deputy Prime Minister Abdul Ghani Baradar. The sides also discussed economic, transit, trade, and political cooperation between their countries. …
Read More »Turkmenistan, Pakistan to Hold Talks on TAPI Gas Pipeline Project Implementation
Turkmenistan and Pakistan have reached an agreement on holding negotiations on the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project in the near future, Trend reports. This was stated by the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan, Rashid Meredov, at a regular meeting …
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