AsianOil Week 32
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Issue 683 14•August•2019 Week 32
RIL deal
Saudi Aramco will buy a major stake in RIL’s oil-to-chemicals business as the Indian rm looks to cut a heavy debt burden.
Shrinking imports
Indonesian major Pertamina’s crude oil imports dropped by 35% year on year in the rst six months of 2019 to 220,000 bpd.
Tariff trap
e US is now the world’s third-largest LNG exporter, but the country’s trade war with China still threatens further expansion.
Battle lines
Australia’s petrochemical sector is lobbying the government to consider its needs ahead of those of the natural gas export sector.
