Page 1 - AsianOil Week 26 2021
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Issue 726 01•July•2021 Week 26
Rising LNG costs
A new report has found that the cost of supplying US LNG to Asia rose this
year, but US production of the fuel is still anticipated to hit record highs.
Primary energy remix
The country’s energy planners have reduced gas’ projected share of the 2030
primary energy mix from 15% to 12%.
Better offer
Iraq has cancelled a prepayment deal with China’s Zhenhua Oil and sold the
crude to other customers.
Decomm frustration
Australia is moving ahead with plans to decommission a stranded FPSO
vessel at the cost of the offshore upstream sector.
