Central Asian republic of Kazakhstan to boost natural gas output and enhance role as transit nation for others
The Central Asian republic of Kazakhstan with some of the world’s largest oil and gas fields on its territory and part of an infrastructure network with Russia to supply natural gas to China in competition to LNG, is boosting its own domestic gas output as well as its role as a gas transit nation.
Chinese gas imports drop as costs rise by over 40 percent amid large CNOOC offshore gas discovery
Chinese natural gas imports, including LNG and pipeline natural gas, dropped by 9.5 percent in the first nine months of 2022 as the economy slowed while China paid over 40 percent more for its gas during the period.
Saudi ACWA Power invests in CCGT natural gas project with China in Central Asian gas producer Uzbekistan
ACWA Power, a leading Saudi developer and operator of power generation, has joined with China to sign a share purchase agreement for a $1 billion combined-cycle gas turbine (CCGT) project in Uzbekistan, the Central Asian nation and leading natural gas producer.
Chinese LNG imports drop in March as deliveries hit two-year low and are less than Japan’s shipments
Chinese LNG imports dropped by almost 18 percent in March to their lowest level in two years as Covid-19 shutdowns in cities such as Shanghai curbed economic and industrial activity as well as fuel demand and led to Japan overtaking China as the largest North Asian importer last month.
