AsianOil Week 32 2021
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Issue 782 12•July•2021 Week 32
Tax incentive
India’s decision to scrap its controversial retroactive taxation system should encourage foreign investment in the upstream.
Great expectations
The Indonesian government expects Pertamina to increase the Rokan block’s production to 400,000 bpd by 2035 from 160,000 bpd at present.
Sluggish recovery
China’s crude oil import volumes edged up in July from a month earlier, but remained significantly behind the heady pace that was set in 2020.
Drilling divide
Australian developer Origin Energy has spudded a shale well in the Beetaloo Sub-basin, even as opposition to unconventional development mounts.
