Page 1 - AsianOil Week 31
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Issue 731 06•August•2020 Week 31
IOC OKs petchem project
State-run IOC has reached an FID on its planned $1.84bn integrated para-
xylene (PX) and purified terephthalic acid (PTA) facility in Odisha State.
Indonesian investment dries up
Investment in Indonesia’s upstream fell in the first half of the year, as the
COVID-19 pandemic forced gas developers to rethink their capex strategies.
Gorgon restart
Chevron expects to restart the second liquefaction train at Western
Australia’s Gorgon LNG terminal in early September.
AEMO’s better bet
A new AEMO report suggests that investing in battery storage may be a
better bet than flexible gas-fired thermal power plants (TPPs).
