Page 19 - AsianOil Week 41

AsianOil NEWS IN BRIEF AsianOil

S O U T H ASIA Mumbai came down by Rs 2.19 per litre at leading the development of this portal
the beginning of this month - from Rs 25.84 from concept to commissioning under the
Indian Oil comments on fuel per litre in Sept. 2020 to Rs 23.65 per litre guidance of this task force.
in Oct 2020. The poorest sections of society
INDIANOIL, October 14, 2020
price revisions are benefited by the substantial reduction
in the price of kerosene distributed through
Substantial downward revision and stability the PDS. SOUTHEAST ASIA
in the prices of essential petroleum products - INDIANOIL, October 13, 2020
petrol, diesel, LPG cooking gas and kerosene Pertamina ensures
- in the recent months, has brought much- Indian oil PSUs promote
needed relief for the common man as well as smooth fuel supply in
the poorer sections of society. Aatmanirbhar Bharat portal
For instance, the Retail Selling Price Ciayumajakuning
(RSP) of diesel sold through Indian Oil Inspired by the vision of the Honorable Prime
Corporation’s (IndianOil) fuel stations Minister for an Aatmanirbhar Bharat, a Pertamina (Persero) ensures that the supply of
has come down by Rs 2.93 per litre, and reliable and scalable portal has been envisaged BBM in the Ciayumajakuning area (Cirebon,
petrol by 97 paise per litre at Delhi, during for all Oil Companies. Based on the theme Indramayu, Majalengka, Kuningan) runs
September 2020, with corresponding price “Delivering excellence through people”, smoothly. Through the Marketing Operation
reduction in other markets across the this initiative, taken under the guidance of Region (MOR) III, the Company has prepared
country. In the current month, diesel prices Honorable Minister of Petroleum & Natural the community’s needs for fuel oil (BBM)
have been reduced by a further 17 paise Gas and Steel Sri Dharmendra Pradhan, aims to be met from the Integrated Terminal
per litre in Delhi so far, while there has to highlight the Capital goods requirement of Balongan, West Java.
been no change in the price of petrol. This Oil & Gas majors besides the items related to Unit Manager Communication Relations
has come as a great relief to motorists and Maintenance, Repair, and Overhaul (MRO). & CSR MOR III Eko Kristiawan explained
transporters alike. As a Make in India initiative, this web- that the Balongan Integrated Terminal
Similarly, there has been virtually no based-portal will provide opportunities supplies fuel needs of up to 2,600 KL per
change in the RSP of LPG for domestic to new entrepreneurs and existing day. Most of the needs are met from the
use at Delhi and other markets across manufacturers to invest and expand their Pertamina Balongan refinery.
India since 1st July 2020. With an average manufacturing base in India. This portal Following the demonstration in the
monthly sale of about 13 crore domestic shall also provide real-time data, along with Indramayu area related to the Omnibus
LPG cylinder refills on industry basis, as visual indicators in the form of graphs and Law, Eko added, his party ensures that
many households have benefited from charts, to facilitate decision making for the operations run smoothly.
stability in the price of LPG cooking gas. apex management and other stakeholders. “Some workers who are not related to
Even in the case of subsidised kerosene To achieve this objective, a special operations are scheduled to work at home,
being supplied through the public Taskforce, under the leadership of Secretary, in line with Government policies regarding
distribution system (PDS), the cumulative MoP&NG, has been formed. This Taskforce the prevention of Covid-19. Meanwhile,
reduction in RSP has been substantial; for comprises of the Chairpersons of various operational workers continue to carry out
instance, the downward revision at Mumbai Oil & Gas PSUs (like IndianOil, EIL, their activities,” said Eko.
was Rs.12.73 per litre since 16th Feb 2020. ONGC, GAIL, BPCL, HPCL) and Private He added that his party is coordinating with
In the latest instance, PDS Kerosene price in Refiners. Engineers India Limited will be the police to ensure the smooth operation of the
distribution of BBM and LPG.
PERTAMINA, October 9, 2020
Petronas announces first

gas from Oman’s Ghazeer
field

Petronas through its subsidiary, PC Oman
Ventures Ltd (PCOVL) together with its
partners, BP Exploration (Epsilon) Limited
and Makarim Gas Development LLC, a
subsidiary of OQ, today announced the start
of production from its Ghazeer gas field
(Phase 2), located in Block 61, Sultanate of
Oman, three years after the Khazzan gas field
(Phase 1) was brought online.
With Ghazeer, the production capacity
from Block 61 is expected to rise to 1.5
bcf/d with more than 65,000 bbls/day of
associated condensate. Block 61 is operated
by BP Exploration (Epsilon) Limited with

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