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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