Petronas to expand China LNG business

Petronas to expand China LNG business
Petronas’ Bintulu LNG complex (Image courtesy of Petronas)

Malaysian energy giant Petronas is set to expand its LNG business in China, extending its reach to the country’s southern region while looking to expand the volume of supply to its existing buyers.

Petronas vice president of LNG marketing & trading, Ahmad Adly Alias said that the prospect for growth in China is strong. Petronas’ liaison office in Beijing is set to facilitate the further development.

The company’s first LNG trade to China was in 2006 with a 25-year term supply to Shanghai LNG Company and is now looking to expands its market presence in China with the addition of term LNG customers in southern China.

Malaysian company has been delivering liquefied natural gas from its LNG complex in Bintulu, Sarawak, however, it has recently added volumes from Australia to its portfolio and has also recently loaded the first cargo from the PFLNG Satu facility at the Kanowit gas field, offshore Sarawak.

Share this article

Follow LNG World News

Posted on April 17, 2017 with tags .

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >