Oil & Gas

27 Dec 2022

Oil Explorer Inpex to Merge Tokyo Trading Unit Into Singapore Desk

27 Dec 2022  by   
TOKYO, Dec 26 (Reuters) - Japanese oil and gas explorer Inpex Corp (1605.T) plans to absorb its separate Tokyo trading business into the company in April 2024, with its operations integrated into its Singapore desk in stages.
The move is aimed at expanding crude oil marketing channels in Asia, where energy demand is expected to grow, while responding to diversified customer demands on pricing, delivery terms and conditions, Inpex said in Monday's announcement.


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