Page 1 - AsianOil Week 22
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Issue 722 04•June•2020 Week 22
Price pain
Spot market LNG prices are struggling to gain traction in the face of
diminished global demand and increasing supply.
In the pipeline?
The Power of Siberia may fall short of its expected gas deliveries, according
to a new report, which suggests Gazprom deliberately hid project difficulties.
Demand bounce
China’s crude oil demand has reportedly almost completely recovered to pre-
COVID-19 levels.
Going big
QP has agreed to reserve LNG shipbuilding capacity with three South
Korean shipbuilders in an order worth $19bn.