Page 1 - AsianOil Week 47 2021
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Issue 797 26•November•2021 Week 47
Spending spree
The global LNG trade is booming ahead of the Northern Hemisphere winter,
with Asia’s leading buyers ramping up deliveries.
Reserve release
The US has teamed up with China, India, South Korea, Japan and the UK to
co-ordinate releases from their strategic petroleum reserves.
New direction
RIL and Aramco have called off their planned $15bn downstream tie-up
while the Saudi firm has already started crude offtake talks with ONGC.
Pluto plunge
Australia’s Woodside has reached FIDs for both the Scarborough gas field
development as well as the expansion of the Pluto LNG facility.
