Page 3 - AsianOil Week 11

AsianOil CONTENTS AsianOil www.NEWSBASE.com
AsianOil
Asia Oil & Gas Monitor
ASIA-PACIFIC
Oil prices collapse as COVID-19 wreaks havoc 4
SOUTH ASIA
ONGC begins gas production from KG-D5 6
SOUTHEAST ASIA
Indonesia works on low oil price strategy 6
Petrovietnam may stockpile oil while prices are low 7 EAST ASIA
Chinese crude production could prove too costly 8 Sinochem refuses to buy crude from Rosneft 10 Sinopec, Novatek, Gazprombank apply to set up gas trading JV 10 Gazprom shuts down Power of Siberia for maintenance 11
OCEANIA
Australia’s Victoria State ends onshore conventional gas drilling ban 12 Oil Search slashes budgets in response to price crash 12 Santos agrees to Darwin LNG, Bayu-Undan stake sale 13
NEWS IN BRIEF 14 OUR CUSTOMERS 16
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Week 11 19•March•2020 w w w . N E W S B A S E . c o m P3