Petronas in upstream gas deal


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) yesterday signed a gas sales agreement with upstream contractors Sarawak Shell Bhd and Petronas Carigali Sdn Bhd for the natural gas to be produced from three fields in Block SK308 offshore Sarawak.

The upstream gas sales agreement will see the development of the three gas fields – F28, F14 and E6 – where the gas produced will be delivered by the contractors primarily to meet the supply requirements of the MLNG Tiga plant within the Petronas LNG Complex in Bintulu. — Bernama

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
Book speaks volumes about Penang food
Can Lotte Chemical Titan weather the challenges?
US market - prudence is golden
Litmus test for China
Boons and banes of the DRG
Navigating tomorrow’s markets today
Will these acquisitions pay off?

Others Also Read