Moody's: MISC unaffected by Petronas' decision directly procure LNG ships

KUALA LUMPUR: Moody’s Investors Service said Petroliam Nasional Bhd’s (Petronas) decision to directly procure newbuild liquefied natural gas (LNG) ships to meet its LNG transportation needs had no credit impact on subsidiary MISC Bhd.

This is despite MISC being the exclusive provider of LNG transport services to Petronas, Moody’s said in a statement.