Page 1 - AsianOil Week 32
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Issue 732              13•August•2020                      Week 32






                    ™     ™ough times
                            T

                            With even Asia’s largest downstream players struggling under the weight of
                            COVID-19, the outlook for smaller refiners is grim.


                    ™     ™Shipping ban


                            India has reportedly banned China-flagged and owned vessels from carrying
                            hydrocarbons to and from the South Asian country.

                    ™     ™Payment pause


                            China has reportedly agreed to grant Venezuela a grace period on billions of
                            dollars’ worth of oil-for-loan repayments this year.

                    ™     ™Asset hunting


                            Woodside Petroleum has said it is looking to acquire distressed oil and gas
                            assets after reporting a 28% slide in its first-half adjusted profit.
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