Petronas eyes China expansion


Petronas could emerge with rival bids

PETALING JAYA: Petroliam Nasional Bhd (Petronas) intends to expand its presence in China by increasing its liquefied natural gas (LNG) supply to existing buyers and expanding its customer base.

The vice president of LNG marketing and trading, upstream Petronas, Ahmad Adly Alias, said yesterday the expansion would be underpinned by Petronas’ solid and stable supply portfolio.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Business , petronas , lng , china , expansion , oil , gas , stocks ,

   

Next In Business News

New accounting software not needed for e-invoicing
Govt promotes construction of social housing
AIA new business value soars 27%, adds US$2bil to buybacks
Fed rate-cut debate shifts from ‘when’ to ‘if’ on inflation data
Brazil and Vietnam to boost rubber tyre exports
Reconsidering Eurasia connectivity and trade
Mega bid, copper prices expose industry concerns
Elliott builds large stake in Japan trading firm Sumitomo
Japan’s oldest VC firm eyes 200% gain as unicorns proliferate
BYD shares face earnings test as China’s EV price war heats up

Others Also Read