AsianOil Week 48
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Issue 699 04•December•2019 Week 48
Price pressure
Asian LNG spot prices – already depressed this year – fell further this week, with downward pressure coming from new supply flooding the market.
Refinery review
The fate of India’s largest single-site refinery project hangs in the balance after the local government announced that it would review the development.
A flexible approach
Indonesia may allow upstream developers to choose between the country’s current licensing model and the one it replaced in 2017.
Import issues
ExxonMobil has shelved its LNG import project in Australia owing to a lack of buyer interest.
