Page 1 - AsianOil Week 03 2023
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Issue 853              20•January•2023                     Week 03






                    ™      South China Sea court ruling


                            The supreme court of the Philippines has ruled that a 2005 agreement with China
                            and Vietnam is illegal, spelling further uncertainty in the dispute.


                    ™      Russia ramps up gas supply to China


                            Russia is expanding gas supply to China as it tries to offset the loss of the
                            European market.

                    ™      Indonesia misses mark in 2022


                            Indonesia has fallen short of its oil and gas production targets for 2022, but it
                            expects growth this year both in output and investment.

                    ™      India weighs up Russian oil price cap


                            India has given its first indication that it will consider abiding by the Western
                            price cap on Russian oil.
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