Page 1 - AsianOil Week 16 2022
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Issue 816 22•April•2022 Week 16
Buyers’ dilemma
Asian buyers are faced with the dilemma of whether to continue buying
Russian oil against the backdrop of Western sanctions.
Asian shift
The scramble to shift gigantic volumes of oil and gas to Asian markets in the
longer run will likely take many years and tens of billions of dollars.
New terminal
India’s Petronet LNG may consider building a fourth LNG import terminal
in India in order to meet rising demand.
Gains
Shares in China’s CNOOC Ltd jumped 44% in their debut on the Shanghai
Stock Exchange on April 21.
