Page 1 - AsianOil Week 23
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Issue 723 11•June•2020 Week 23
Bargain hunter
India’s state-run Petronet LNG not only wants better prices for term supplies
but is also pushing for indexation to spot prices.
OMCs in the crosshairs
Pakistan’s investigation into allegations that the country’s oil marketing
companies (OMCs) have orchestrated a national gasoline shortage could
lead to the prosecution of two company heads.
Record-breaking imports
China’s oil imports soared to a new high of 11.34mn bpd in May, breaking
November 2019’s record of 11.18mn bpd.
Royalty review
Australia’s Queensland State has unveiled a new natural gas royalty model
that will adopt a volume-based approach to calculating payments.