AsianOil Week 20
P. 1
Issue 720 21•May•2020 Week 20
Legal battles
India’s High Courts are hearing five cases relating to the settlement of crude oil contracts in April at negative rates.
Bailout
The Indonesian government is reviewing plans to inject $8.69bn into 12 of the country’s state-owned firms, including Pertamina.
Bid round delay
The Philippine government has reassured investors that its upstream bid round is on the verge of completion, despite an extended lockdown.
Pipeline push
Russia’s Gazprom is pushing ahead with plans to build a second major gas pipeline to China.

