AsianOil - Asia Oil & Gas
Russia to overtake Middle East in April as India’s biggest supplier of crude imports
Russia is set to overtake India’s tradition supplies of crude oil from the Middle East to become the biggest supplier as imports rise to record levels in April.
Australian government plans extension to cap on domestic gas prices
The government of Australian Prime Minister Anthony Albanese is proposing to extend a price cap set on gas prices last December to 1 July, 2025.
Mongolia’s first oil refinery to be completed with Indian assistance by 2025 says envoy
2022 blip aside, China is Asia’s LNG force of the future
With the exception of last year’s dip in numbers, as LNG prices around the world reacted to Russian invasion of Ukraine, China has shown continued year-on-year LNG import increases since the mid-2000s.
New LNG deliveries for India’s GAIL from SEFE
German firm SEFE Marketing and Trading, formerly Gazprom Germania, delivered two cargoes of LNG to GAIL in March and in April. Another four are to be delivered in May.
Guyana turns down India’s request for discounted crude oil supplies
Guyana’s Vice President Bharrat Jagdeo says his country rejected India’s request for a discount on crude oil purchases during recent trade discussions.
LNG volumes at sea rise on annual basis
The amount of LNG stored at sea rose this month on an annual basis, Reuters reported on April 21, attributing the growth to low spot demand in Japan, China and South Korea.
Russian energy exports to China soar in Q1
Russian supplies of oil, pipeline gas and LNG to China soared in the first quarter of this year, customs authorities in Beijing reported on April 21, reflecting the diversion of the country’s energy exports from Western markets.
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