Dossier
Asian customers
Coverage of Asian customers in the Nexus archive.
- TotalEnergies benefits from EU sanctions reprieve on Russian gas
French energy major TotalEnergies can continue selling LNG from its Yamal project in Siberia to Asian customers due to a reprieve from EU sanctions on Russian gas.
- Saudi Arabia slashes main crude oil price for Asian customers
Saudi Arabia reduced its main crude oil price for Asian customers amid resumption of Hormuz flows and OPEC+'s output increase, but Asian buyers still find Saudi supplies pricier than regional alternatives. Analysts suggest the cut reflects Hormuz's normalization rather than a price war, with one consultant downplaying glut fears and predicting full supply recovery by 2027.