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ASIA

Green shoots in Thailand

TAP Oil has and its partners in the Manora oil field development in the Gulf of Thailand have signed a new marketing agreement for the field, significantly improving the price per barrel, following the roll-off of Tap’s banker-imposed hedging contracts.

Haydn Black
Manora.

Manora.

Manora crude already sells at a $US0.70/bbl premium to Platts' Dubai marker, and the Mubadala Petroleum-led JV has secured a new crude offtake agreement, at a price reflecting an increase of 100% in the...

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