Petronas seals gas deal<\/p>\n
KUALA LUMPUR (AFP): Malaysia LNG Tiga Sdn Bhd, a unit of
\nnational oil company Petronas, said Tuesday it had sealed a 20-
\nyear pact to supply liquefied natural gas (LNG) to Japan
\nPetroleum Exploration Co. Ltd. (JAPEX).<\/p>\n
The contract was for the supply of up to 1.5 million tons of
\nLNG a year starting in 2001, Petroliam Nasional Bhd (Petronas)
\nsaid in a statement.<\/p>\n
The LNG would be supplied using LNG tankers owned by Petronas
\nTankers Sdn Bhd, Petronas said. The company did not elaborate on
\nthe value of the contract.<\/p>\n
Malaysia LNG Tiga is a joint-venture between Petronas, state
\ngovernment of eastern Sarawak, Japan's Nippon Oil Co. Ltd.,
\nOccidental LNG (Malaysia) Ltd. and Shell Gas B.V.<\/p>\n
Located in Bintulu, in Malaysia's resource-rich eastern state
\nof Sarawak, the project is designed to produce 6.8 million tons
\nyearly, Petronas said.<\/p>\n
The statement added that JAPEX, a 65.74 percent unit of Japan
\nNational Oil Corp., has constructed a 250-kilometer (150-mile)
\ngas trunkline across the Honshu island from Niigata to Sendai.
\nThe trunkline started operation this year.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/petronas-seals-gas-deal-1447893297",
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"sponsor": "Okusi Associates",
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