AsianOil Week 26
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Issue 677 03•July•2019 Week 26
Supply count
Asia’s top three LNG importers, Japan, China and South Korea, imported 12.97mn tonnes of teh fuel in May.
Pavilion invests
Spanish utility Iberdrola has struck a deal to sell its LNG business to Singapore’s Pavilion Energy for $131mn.
Profit projections
Indonesia’s state-owned Pertamina has projected that its rst-quarter net pro t will expand by 91% year on year to $677mn.
Royalty ruckus
Australia’s Queensland State increased its natural gas royalties by 2.5 percentage points on July 1.
