KL seals gas supply pacts<\/p>\n
KUALA LUMPUR (AFP): Malaysia's Petroliam Nasional Bhd.
\n(Petronas) yesterday sealed agreements with its oil exploration
\nunit and three partners to secure gas supply for its third
\nliquefied natural gas plant (LNG-3).<\/p>\n
Petronas Carigali, the exploration arm of Petronas, U.S.-based
\nOccidental's Malaysian unit, Japan's Nippon Oil Co Ltd. and
\nSarawak Shell Bhd. are to supply gas produced from the central
\nLuconia area, off Malaysia's oil-rich eastern Sarawak state.<\/p>\n
Petronas chairman, Mohd Hassan Marican said the LNG produced
\nis to be sold to Petronas's existing customers in Japan, South
\nKorea and Taiwan, and possibly new markets in China, Thailand and
\nIndia.<\/p>\n
Hassan declined to reveal the cost of the LNG-3 project, but
\nsaid it was smaller than its second LNG-2 plant, which cost 17
\nbillion ringgit (US$6.8 billion).<\/p>\n
\"The LNG-3 plant will have a total annual capacity of 6.6
\nmillion tons when it begins operations in the year 2000,\" Hassan
\nsaid.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/kl-seals-gas-supply-pacts-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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