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C-Suite Asia



Leading Asian oil CEOs speak on recent market developments

by Sambit Mohanty


C-Suite Asia series logo From volatile prices to geopolitical tensions, oil markets have been on tenterhooks in recent months. While crude oil recently climbed to $80 a barrel to hit multi-year highs, US decided to re-impose sanctions on Iran, raising questions about the supply outlook.


Market participants are also closely watching rising flows of US crude oil to Asia as well as how leading Asian consumers are embracing gas in their energy mix.


In this series, Sambit Mohanty, senior editor at S&P Global Platts, interviews CEOs in Asia and highlights most of those issues and their implications on the region.


Freepoint spots big opportunity as US crude finds favor in Asia

Freepoint Commodities believes that Asia's rising appetite for US crude will provide the company one of the best opportunities to grow its trading volumes and expand its Asian footprint, Ouyang Xiuzhang, the Asia-Pacific CEO of the US trading house said.
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Nayara's Iranian crude inflows may slow on sanctions, but not immediately

India's Nayara Energy, formerly known as Essar Oil, expects to continue importing Iranian crude oil in the near future, but is crafting alternative sourcing strategies should the company need to cut purchases from the Middle Eastern supplier due to US sanctions, CEO B Anand told S&P Global Platts.
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BP, Reliance push plans to make India realize its gas dream

BP and Reliance Industries have set up a joint venture company that aims to supply natural gas to the domestic market from its main production blocks and pursue LNG imports in an effort to boost the share of gas in India's energy basket, the CEO of the new venture said.
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Retail oil push, EV infrastructure feature in Shell's India growth ambitions

India's sweeping reforms in the oil sector, its insatiable appetite for fuel and an urgency to embrace new forms of energy provided Shell with the ideal platform for growth in one of Asia's fastest growing markets, country CEO Nitin Prasad said.
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