Page 1 - AsianOil Week 46
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Issue 697 20•November•2019 Week 46
Downstream divestment
The Indian government is reportedly considering reducing its direct stake in the country’s largest refiner, Indian Oil Corp. (IOC), to below 51%.
Upstream downsizing
India’s state-run ONGC has revised down its production guidance for the ultra-deepwater KG-D5 block by up to 20%.
KrisEnergy’s stake sale
KrisEnergy has agreed to sell its 30% stake in the Andaman II PSC offshore Indonesia to super-major BP.
Supply balancing act
Developers are working to finalise plans for Australia’s first LNG import capacity amid a boom in natural gas exports.
