Page 1 - AsianOil Week 29 2020
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Issue 729 23•July•2020 Week 29
Flexible contracts
Oil-linked LNG contracts are falling out of favour, while buyers are
increasingly in a position to demand more flexibility from sellers.
Performance issues
Indonesia’s oil and gas production has fallen in the first half of the year,
driven by weaker domestic energy demand and natural declines.
Import surge
China’s crude oil imports could reportedly set an all-time high of 14.4mn
bpd in July.
Investment case
Cooper Energy is proceeding with an upstream project even as other
companies delay their investments amid the current industry downturn.
