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May 28, 2020

Upstream impact of Covid-19 and depressed oil prices on Asian NOCs

By Agne Suipyte

With the continuous impact of Covid-19 pandemic and depressed oil prices, it remains of paramount importance that Asian National Oil Companies (NOCs) continue to operate with minimal disruption to safeguard national resources and provide for the domestic economy.

A number of factors have been assessed to scale the impact on Asian NOCs upstream business and associated risks under the current economic climate.

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