Indonesian Political, Business & Finance News

Petronas to buy tankers

| Source: DPA

Petronas to buy tankers

KUALA LUMPUR (DPA): Malaysia's national petroleum company,
Petronas, wants to buy up to six liquefied natural gas tankers to
meet the industry's increasing transportation needs, company
vice-president Hamzah Bakar said yesterday.

Petronas has received tenders from several shipyards in
countries like France and Japan, Hamzah told reporters taking
delivery of the company's fifth liquefied natural gas tanker.
Details would be finalized early next year.

To date, the company has bought five tankers from the French
shipyard Chantiers de l'Atlantique. The fifth cost 700 million
ringgit (US$280 million), he said.

Capable of carrying 130,294 ton of liquefied natural gas, it
will cater for customers in Japan, Taiwan and South Korea.

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