PETRONAS to expand LNG exports to Asian markets

The firm plans to expand beyond its traditional markets – Japan, China and South Korea – to countries in South-East Asia, including Vietnam and the Philippines.

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) is seeking to expand its liquefied natural gas (LNG) exports to growing Asian markets while also supporting Malaysia’s rising energy needs, which are partly driven by a data-centre boom.

The state-owned company’s diversified portfolio – which includes a newly operational export plant in Canada – will enable it to meet overseas demand for gas, said PETRONAS’ gas and maritime business chief executive officer (CEO) Datuk Adif Zulkifli.