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Iran offers discount oil to Asia

Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news agency IRNA reported on Monday.  The “informed source” in Iran’s oil ministry did not give details of the discount, but sought to downplay the move as common industry practice.  “Discount is part […]

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PTTGC seeks to ride rising Asean demand

PTT Global Chemical Plc (PTTGC) is studying a greenfield project that will serve strong demand for petrochemical products in Asean countries. The company says demand is particularly strong in Vietnam, with broader Asean demand for plastic pellets showing a sustained increase. It plans to set up sales offices in Indonesia and Myanmar in order to […]

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Mekong-Ganga countries agree on areas of cooperation

Human resource development, tourism, and agriculture have been approved as main sectors of cooperation among the countries in the Mekong Basin and India. This was the outcome of the 9th Mekong-Ganga Cooperation Ministerial Meeting held in Singapore on August 2, which was attended by Laos’ Minister of Foreign Affairs Mr Saleumxay Kommasith. At the meeting […]

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