KL supplies gas to Taiwan

KL supplies gas to Taiwan

KUALA LUMPUR (AFP): Malaysia's national oil and gas firm,
Petronas, said yesterday it had started a long-term supply of
liquefied natural gas (LNG) to Taiwan under a 20-year agreement.

The first cargo of LNG for Taipei's Chinese Petroleum Corp.
departed from Malaysia's eastern Sarawak state on Friday and was
expected to arrive in Kaoshiung, Taiwan, on Wednesday, Petronas
said in a statement.

Petronas's gas unit, Malaysia LNG, signed an agreement on
March 22 with Chinese Petroleum to supply 2.25 million tons of
LNG a year to the Taiwanese company for a period of 20 years.

Petronas said Chinese Petroleum was its first long-term
customer in Taiwan and the shipment Friday was also significant
because it was the first output from its new LNG plant in
Bintulu, Sarawak.