We're also looking at processing different condensate, probably (Australia's) North West Shelf or (Iran's) South Pars or Qatar's DFC (deodorized field condensate)," English-language daily Business Times quoted Petronas
Penapisan (Terengganu) Managing Director and Chief Executive Officer Zabidi Ahmad saying.
The new agreement will see Qatargas delivering LNG to Petronas
until December 31, 2023, an extension of its current deal due to end on December 31, 2018.
LNG UK (PLUK) is the Atlantic basin-focused LNG trading subsidiary of Petronas
, the national oil and gas company of Malaysia.
left, the group members held 20% each with each to get 10% of the output.
This came after Petronas
said it would slash spending by some $11.
Separately, JX Nippon Oil & Energy will work with Petronas
to tap the Southeast Asia market for LNG.
is said to be renowned for its commitment to high quality and superior performance offering a complete range of hydraulic and motor oils to meet the demands of today's modern technology as well as lubricants suitable for the older plant and machinery.
Moody's Investors Service says that the A1 issuer and senior unsecured ratings of Petroliam Nasional Berhad (PETRONAS
) and the A3 issuer rating of PETRONAS
LNG Limited (PLL) remain
entered the 30-year JV agreement through its unit Petronas
Refinery and Petrochemical Corporation (PRPC).
Kuala Lumpur: Petronas
will embark on a $35 billion liquid natural gas (LNG) project in Canada following the reversal of Ottawa's decision to block the Malaysian national oil company's purchase of Canadian gas producer Progress Energy Resources.
Mohammad Bin Saleh Al-Sada, Minister of Energy and Industry and Chairman of the Board of Directors of Qatargas, signed the SPA on behalf of Qatargas 4 while the Executive Vice President, Gas and Power Business of Petronas
, Datuk Anuar Ahmad signed on behalf of Petronas
LNG (UK) Ltd.
As previously reported, Petronas
and Uzbekneftegaz signed a PSA with respect to the fields of Urga, Kuanish and the Akchalak group in the Ustyurt region of Uzbekistan in 2009.