Page 1 - AsianOil Week 12
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Issue 712 26•March•2020 Week 12
Intervention
The US may interven in the price war as oil and gas developers begin cutting investment and projects face extended delays.
Indian LNG force majeure
India’s 21-day lockdown has reportedly driven the country’s LNG importers to issue force majeure notices to their suppliers.
Drilling approval
State-owned Pertamina has approved Indonesia Energy’s technical programme and drilling budget for the onshore Kruh Block.
Santos slashes spending
Santos is planning to slash capital expenditure this year and delay a major natural gas development owing to the oil price collapse.
