Page 1 - AsianOil Week 07 2021
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Issue 757 18•February•2021 Week 07
Deepwater drive
India’s state-owned ONGC intends to reach peak production at its deepwater
KG-D5 block within the next three years.
FLNG start-up
Malaysia’s state-owned Petronas has started production at its second floating
FLNG facility, which is moored offshore Sabah State.
Quake closures
Japan’s downstream is operating at around 20% below national capacity
following a 7.3-magnitude earthquake.
Supply shortfall
Australia’s competition watchdog has warned that a retreat in domestic gas
prices may be short-lived, owing to a looming supply shortfall.