Sabah secures 25% stake ZLNG facility with PETRONAS


KOTA KINABALU: Sabah acquires 25% equity in the USD3.1bil (RM13.17bil) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang with the signing of the Head of Agreement (HOA) with PETRONAS at the Malaysia Petroleum Club (MPC), in Kuala Lumpur on Thursday (July 17).

Chief Minister Datuk Seri Hajiji Noor stated that the partnership ensures Sabah’s long-term development goals.

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