Petronas, Vitol Asia inks LNG supply deal


MISC

KUALA LUMPUR: Petronas, through its subsidiary, Petronas LNG Ltd (PLL), signed a binding heads of agreement on Oct 1, 2018, with Singapore-based Vitol Asia Pte Ltd for a long-term liquefied natural gas (LNG) supply deal.

The supply to Vitol Asia would commence in 2024 for up to 800,000 tonnes per annum with a period of up to 15 years on both delivered ex-ship and free-on-board basis.

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Monthly Plan

RM 13.90/month

RM 11.12/month

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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