AsianOil - Asia Oil & Gas
India’s efforts to renegotiate its long-term liquefied natural gas (LNG) supply deal with Qatar have fallen flat, with Doha rebuffing New Delhi's calls for a move away from oil-linked prices.
Australian developer Senex Energy’s oil and gas output jumped 35% quarter on quarter in the October-December period on the back of new fields coming online and production ramp-ups.
India’s state-run Oil and Natural Gas Corp. (ONGC) has reportedly received offers from 12 contractors interested in boosting production at 50 of its small and marginal fields.
The Australian government has softened its position on introducing a natural gas reserve policy following the release of a review into the Australian Domestic Gas Security Mechanism (ADGSM).
TAPI project, also to traverse Pakistan, is going nowhere fast. Claims that Turkmen section is complete seen as highly dubious.
India’s bid to reduce its reliance on imports of Middle Eastern crude, amid increasing tensions in the region, has seen the South Asian giant turn to both Russia and Brazil for new supplies.
China’s imports of liquefied natural gas (LNG) climbed 12.2% year in year in 2019 to a record high of 60.25mn tonnes in 2019, despite concerns that the country’s economic slowdown would impinge on demand.
Indonesia’s state-owned Pertamina may farm in to the nearly expired contract for the Rokan oilfield in order to begin drilling operations before its own licence for the block begins in 2021.
Australian independent Santos increased its production of crude oil and natural gas by 28% year on year in 2019 to a record 75.5mn barrels of oil equivalent (206,800 barrels of oil equivalent per day).
Reports have emerged that China’s Sinopec is planning to review the terms of a potential supply deal it is expected to strike with US LNG exporter Cheniere Energy once trade relations between the two countries improve.