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Energy in Asia

  • Central Asian energy-rich national Kazakhstan expects oil production at 92 million tons in 2020.

    KAZAKHSTAN, 2015/09/16 This remark was made by the country's Deputy National Economy Minister Marat Kusainov during the presentation of the draft national budget for 2016-2018 in the Majilis of Parliament on September 15, local media reported. “The oil production estimate by the Ministry of Energy in 2016 will all to 77 million tons, followed by an increase to 92 million tons in 2020, which is lower than the before forecasted data by about 3.8 million tons and 12 million tons respectively,” he said. Kazakhstan's three-year budget project is based on the estimate of socio-economic development for 2016-2020 approved by the country's Cabinet of Ministers in August 2015.

  • Uzbekistan s government feasibility study for gas processing plant

    UZBEKISTAN, 2015/09/16 Uzbekistan's government has approved a feasibility study for the initial stage of the building a gas processing plant and equipment of the Kandym group of fields. The construction of the Kandym gas processing plant, which is carried out by Lukoil company, is expected to strengthen economy of Uzbekistan, providing it with a solid infrastructure and a large consumer market. The initial phase of Kandym gas processing plant, which is apart of the Lukoil project, will be commissioned by July 1, 2018, according to the Review.uz website.

  • New head of Uzbekistan energy holding appointed

    UZBEKISTAN, 2015/08/18 Alisher Sultanov has been appointed the new chairman of the Uzbekneftegaz National Holding Company (NHC) in Uzbekistan, the company said. The new chairman of the holding company, which was appointed by the government of Uzbekistan, today was presented to the staff of the NHC, according to the company. Previous chief of Uzbekneftegaz was Shokir Fayzullaev, who held this post since 2010. Fayzullaev was appointed deputy minister of economy by decision of the chief of national.

  • China grants loan to Mozambique for power transmission line

    CHINA, 2015/07/23 China will grant a loan of US$400 million to Mozambique, the all outstanding for the construction of a second power line for energy transmission from the centre to the north of the country, a government spokesman said Tuesday in Maputo. Mouzinho Saide, who is as well Mozambique’s deputy health minister, said next a Cabinet conference that the US$400 million loan had been secured but according to daily newspaper Notícias, he did not mention either the date on which the loan will be granted or its conditions. At the conference the government of Mozambique analysed ratified, part other things, the loan agreement concluded on 11 June, by which the Islamic Development Bank (IDB) offered to provide US$200 million dollars for the transmission line that will link Chimuara, in Zambézia province, and Nacala, in Nampula province, over a route of just over 600 kilometres.

  • Turkmenistan to produce Euro-5 gasoline from 2016

    TURKMENISTAN, 2015/07/21 Turkmenistan will start producing high-quality Euro-5 gasoline at the Seidi refinery from 2016, the country’s Oil and Gas Industry and Mineral Resources Ministry reported. The U.S. Westport Trading Europe Limited company won the tender for the design and reconstruction of a production facility for the new generation gasoline. This novel motor fuel is distinct from the previous generations in that it has a lower content of sulfur and polycyclic aromatic hydrocarbons. With Euro-5, engines work quieter, they can be started much additional quickly and easily, corrosion is prevented, and vibration and fuel consumption is reduced.

  • President Aliyev receives Indonesian energy minister

    AZERBAIJAN, 2015/06/07 Azerbaijan’s President Ilham Aliyev received a delegation led by Sudirman Said, the minister of energy and mineral resources of Indonesia on June 5, AzerTac national news agency reported. The chief of national said bilateral relations between Azerbaijan and Indonesia in political field were at a high level, and stressed the importance of the fact that the two nations constantly support each other in international organizations. The President hailed cooperation in oil sector and large trade between the two nations as a good indicator of the ties. President Aliyev said there were good opportunities for further developing bilateral relations in economic, energy, trade and other fields.

  • General Director of the International Atomic Energy Agency, Yukiya Amano,

    TURKMENISTAN, 2015/05/15 Ashgabat has got a approbation from the IAEA, which will discuss the approval of its candidacy as a member of the organization in the General Conference to be held in Vienna in September, 2015. In a conference with the General Director of the International Atomic Energy Agency, Yukiya Amano, in the Austrian capital on May 12, Turkmen President Gurbanguly Berdimuhamedov thanked the IAEA Board of Governors for the adoption of the Turkmen government's application for membership in the international organization.

  • European Union sees supplies of natural gas from Turkmenistan by 2019

    EUROPEAN UNION, 2015/05/04 The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. Russia currently supplies around a third of Europe’s gas needs, but Moscow’s annexation of Crimea and its involvement in the military conflict in eastern Ukraine has added urgency to the EU’s search for gas from alternative sources. “We have good mutual considerate. For Turkmenistan it is very significant to diversify its export options, while for the EU it is very significant to diversify its imports,” Sefcovic told Reuters in the Turkmen capital Ashgabat. “Europe expects supplies of Turkmen gas to begin by 2019,” he said, speaking in Russian. Turkmenistan, a Central Asian country with the world’s fourth-major reserves of natural gas, is keen to diversify exports of the fuel away from Russia which will cut its imports to 4 billion cubic metres this year from 11 bcm in 2014.

  • The 11,488 solar systems from China were bought for 2.8 million dollars

    CHINA, 2015/01/06 The Ministry of Water, Irrigation & Energy (MoWIE), through its Rural Electrification Fund (REF), has procured 11,488 solar home systems (SHS) from the Chinese Company Cecep Oasis New Energy Company, which are expected to be delivered within three weeks. The IDA provided the financing, a total of 2.8 million dollars, for the purchase of the systems which will be distributed to 11, 488 households that are members of the 207 cooperatives in the regions. At different times before the Ministry had procured and distributed institutional solar systems, says YisehakSeboka, the Rural Electrification Fund (REF) Coordinator at the Ministry. The initial was in 2006 at the same time as 200 health posts received these systems.

  • Kazakhstan will supply 1.4 billion kilowatt/hour of electricity to Kyrgyzstan next year.

    KYRGYZSTAN, 2014/11/08 Kazakhstan will supply 1.4 billion kilowatt/hour of electricity to Kyrgyzstan next year. This was announced at a conference held on November 7 between Kazakh President Nursultan Nazarbayev with his Kyrgyz counterpart Almazbek Atambayev, who is on an official visit to Kazakhstan. Atambayev said in the years of independence, Kazakhstan made a great breakthrough by entering the inventory of five rapidly developing courtiers, inclunding 50 major economies in the world.
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