News // Asia

Asia is forecast to be the major contributor to the growth of the global petrochemical industry by 2030.

Japan hopeful economic cooperation will lead to results but history suggests otherwise.

“We believe that these results will open the way for the development of new functional materials in which the response speeds can be controlled and the desired function is time-programmable using a suitable chemical stimulus,” say the authors.

Nazarbayev launched the construction of Saryarka gas pipeline designed for the gasification of the country.

Indonesia has highest capex on planned and announced crude and natural gas projects in Southeast Asia.

A $1.1 billion investment in Karachaganak field agreed this month.

Uzbekneftegaz held a meeting with representatives of the ADB.

Exports of Kazakhstan's CPC Blend crude oil outside Europe reached a record of 14 million barrels in September.

Kazakhstan intends to increase oil production from the current 87 million tons per year to more than 100 million tons.

Kazakhstan is planning to maintain oil output at the current level of 1.8 million b/d until the end of the year.

This massive surge in exports comes ahead of the May 8 of US president's decision to cancel Iran nuclear deal and impose imminent sanctions targeting the country's oil exports.

Bakytzhan Sagintayev visited Atyrau Refinery LLP as part of his working trip to Atyrau region.

Uzbekistan is considering the issue of resuming geological exploration of oil and gas in Afghanistan.

Natural gas production in Uzbekistan increased by 7.1 % in January 2018 up to 5.09 billion cubic meters.

Government of India approves Discovered Small Fields (DSF) Policy Bid Round-11 for 60 un-monetised discoveries of ONGC and OIL under Nomination and Relinquished Discoveries under PSC Regime.

European crude oil shipments to Asia have dropped this month to a 4-year low.

China imported a record 38.13 million tonnes of liquefied natural gas in 2017.

Minesto intends to develop a smaller Deep Green device, DG100, which will provide the company with an additional commercial product to open new markets and business opportunities, including those in Asia.

China has this year become the world’s 2nd-largest LNG importer after Japan.

Oil prices in North Korea have fallen substantially from record-high levels in early November.