China LNG demand seen up by 25 pct in 2018 -Qatar energy minister

China’s demand for liquefied natural gas (LNG) is expected to grow by 20 percent to 25 percent in 2018...

Govt committed to improving port efficiency – Minister of Transport

The Minister of Transport, Mr Kwaku Ofori Asiamah, has emphasised government’s commitment to introduce reforms...

Minister vows to fast-track East Container Terminal

The government will fast-track the delayed development work on the East Container Terminal (ECT) of the Colombo...

Australian unions take up ICTSI dockworkers case with Indonesian Minister

The Indonesian Government is coming under pressure to intervene in a major industrial dispute developing with port...

Kuwait oil minister: If extended, output cuts might be less deep

If OPEC and non-OPEC oil producers decide to extend their six-month agreement on output cuts, the cuts may become less deep as oil demand is expected to be stronger for seasonal reasons in the second half of 2017, Kuwait’s oil minister said on Thursday.

Iran oil minister says OPEC output cut should be extended into second-half – Fars

Iranian Oil Minister Bijan Zanganeh said OPEC should cut crude production “a bit more” in the second half of 2017, Fars news agency reported.

Iran oil minister certain that oil prices will rise – Mehr

Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise further as a result.