India Oil & Gas Q4 2020

India Oil & Gas Q4 2020

Key View:

The outbreak of Covid-19 and the measures put in place to prevent its spread are having large and disruptive impact onboth the upstream and downstream sectors. The demand for both refined fuels and natural gas is set to contract in 2020, largelydue to extensive travel restrictions and a sharp slowdown in economic activity in Q2. In response, Indian refiners are enacting steeprun cuts, in an attempt to tackle the domestic oversupply and protect refining margins. The drop in demand is also undercuttingperformance of the upstream O&G sector, as low prices trigger steep cuts to spending and force majeures issued by buyersnecessitate production shut-ins. That said, there are signs that the nadir for demand has been passed and as restrictions areunwound and the economy is allowed to normalise over H2, both the upstream and downstream sectors will begin to recover.

Key View
India Oil & Gas Covid-19 Impact
Oil & Gas SWOT
Industry Forecast
Upstream Exploration
Upstream Projects
Upstream Oil Production
Upstream Gas Production
Refining Forecast
Refined Fuels Consumption
Gas Consumption
Oil Trade
Gas Trade
Industry Risk/Reward Index
Asia Upstream Oil & Gas Risk/Reward Index
Asia Downstream Oil & Gas Risk/Reward Index
India Upstream Oil & Gas Risk/Reward Index
India Downstream Oil & Gas Risk/Reward Index
Market Overview
India Energy Market Overview
Oil & Gas Infrastructure
Company Profile
Indian Oil Corporation
Oil India
Regional Overview
Asia Oil & Gas Regional Overview
Oil & Gas Glossary
Oil & Gas Methodology

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