AsianOil Week 13

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Issue 713 02•April•2020 Week 13
ONGC’s deepwater delivers
India’s state-run ONGC has brought its first deepwater natural gas well at the KG-DWN-98/2 block on stream.
Call to action
ONGC has called on the Indian government to remove price controls on domestic natural gas production.
Salary cuts
PetroVietnam has said it will cut employee salaries as it reduces costs in response to the international oil price crash.
Bargain hunters
The price of Russia’s Urals blend has dropped to a two-decade low, opening up new opportunities for Chinese buyers.

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