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Source: MenaFN
During a meeting between QazaqGaz’s Chairman of the Board, Alibek Zhamauov, and S&P Global’s Vice President, Matthew Segers, they discussed significant global gas market trends, future prospects, and opportunities for analytical and expert cooperation.
Following their discussions, both parties expressed a shared interest in organizing joint initiatives focused on knowledge-sharing and enhancing sector analytics. On the same day, QazaqGaz hosted a seminar titled Dialogue on Gas: Vision in the Context of Global Transformations, which was attended by analysts from S&P Global.
Tianshi Huang, Senior Gas Analyst for China, provided insights into China’s gas demand and import dynamics. He highlighted the increased shift from coal to gas in industry, the expansion of pipeline networks, and the growth of LNG infrastructure as key factors driving this demand. Huang noted that China’s expected growth in imports “opens new opportunities for exporting countries, including Kazakhstan.”
In light of Kazakhstan’s gas market development, Segers stressed the importance of integrating into global energy processes and identified QazaqGaz as a crucial regional market player.
For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof. This unique convergence creates a full week of strategic dialogue and delivers unparalleled opportunities for cross-sector collaboration, knowledge sharing, and the formation of strategic partnerships across the entire energy value chain.
Uzbekistan has announced an extension of zero customs duties on the import of 82 types of industrial raw materials and semi-finished products. According to a report from the Ministry of Justice via its Telegram channel, referencing a presidential decree signed.
The world’s largest chemical manufacturer is set to inaugurate its new facility in China by the end of March, generating a blend of optimism and skepticism about growth prospects.