Page 1 - AsianOil Week 11 2022
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Issue 811 18•March•2022 Week 11
Refinery FID
Saudi Aramco has finally taken the decision to move ahead with a major new
refinery in China as it continues to expand its global refining footprint.
Eyeing Russia
Russian assets that Western majors are exiting could be nationalised, and
meanwhile Chinese and Indian investors could be waiting in the wings.
Handover confirmed
Thailand’s PTT Exploration and Production has confirmed that it will take
over as operator at Myanmar’s offshore Yadana gas field.
Oil release
The government of South Korea last week gave the green light to release
more than 4mn barrels of oil from the country’s Strategic Petroleum Reserve.
