Indonesian Political, Business & Finance News

KL, U.S. sign deals

| Source: AFP

KL, U.S. sign deals

KUALA LUMPUR (AFP): U.S. Secretary of State Warren Christopher
yesterday watched the signing of several business deals here,
notably one between the Malaysian national oil firm and
Occidental Petroleum.

Christopher, who flew in early yesterday on 24-hour visit,
appeared at the signing of documents that gave Occidental a
contract to supply liquefied natural gas to Petroliam Nasional
Bhd (Petronas).

Petronas was buying the gas for its third gas plant in eastern
Sarawak state, but there were no further details on the value or
size of the deal.

Officials said he also witnessed the handing-over of a U.S.
flag to be hoisted above the soon-to-be-opened JW Marriott Hotel
in Kuala Lumpur, developed by the listed Taiping Consolidated
group.

A contract awarded to a consortium of U.S.-based SMC-Jetways
Systems and Sime Engineering of Malaysia by the Kuala Lumpur
International Airport Bhd, undertaking Malaysia's second
international airport.

The consortium is to install 30 passenger loading bridges, 40
aircraft visual docking systems and 20 aircraft ground power
units and other equipment with a total value of 84 million
ringgit (US$33.6 million) at the Sepang airport south of here.

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