PetGas: First gas delivery TPA will spur more interest


Its managing director Kamal Bahrin Ahmad(pic) said the first cargo under the TPA mechanism arrived yesterday at the Regasification Terminal in Sungai Udang under an agreement between Tenaga Nasional Bhd (TNB) and Shell Malaysia Trading Sdn Bhd for a liquefied natural gas (LNG) trial cargo.

KUALA LUMPUR: Petronas Gas Bhd (PetGas), the gas business arm of the national oil company, is optimistic that the first delivery of gas under the Third Party Access (TPA) will attract more interest in the new gas importation mechanism.

Its managing director Kamal Bahrin Ahmad said the first cargo under the TPA mechanism arrived yesterday at the Regasification Terminal in Sungai Udang under an agreement between Tenaga Nasional Bhd (TNB) and Shell Malaysia Trading Sdn Bhd for a liquefied natural gas (LNG) trial cargo.

The maiden third party LNG cargo will allow PGB to assess the effectiveness of the entire TPA arrangement, both commercially and operationally. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Gas , PetGas , Kamal Nahrin , TPA , Sungai Udang , TNB , Shell ,

   

Did you find this article insightful?

Yes
No

Next In Business News

Petronas posts RM3.4bil net loss in Q3
Boustead appoints former Telekom boss Shazalli Ramly as new Group MD
Public Bank 3Q net profit higher at RM1.39b
CIMB's 3Q pre-tax profit improves sequentially on higher operating income
Kenanga IB profit up tenfold as brokerage, trading income soar
Palm oil’s stunning rally is set to boost supermarket prices
Alliance Bank posts lower 2Q net profit of RM103.94m on higher reserves
Pandemic and travel curbs hit Datasonic Q2 earnings�
Higher net profit for Hong Leong Bank
KNM bags RM93.6mil job in Berlin

Stories You'll Enjoy