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SEOUL/PERTH: Asia's biggest economies face paying twice as much for some natural gas as old supply deals are renewed, with a North American shale glut years from helping to meet soaring demand in the region.
KUALA LUMPUR: Affin Research has maintained its Trading Buy rating on Puncak Niaga (PNH) with a target price of RM4.60, it said on Monday
KUALA LUMPUR/SEOUL: Malaysia's Petronas is seeking higher prices for the 2 million tonnes of liquefied natural gas (LNG) a year it supplies to South Korea's Korea Gas Corp (KOGAS), Petronas sources said on Friday.
PETALING JAYA: Petroliam Nasional Bhd (Petronas) has awarded the Pan Malaysia offshore transportation and installation (T&I) contracts worth some RM10bil to Barakah Offshore Petroleum Bhd, Puncak Niaga Holdings Bhd and SapuraKencana Petroleum Bhd.
AN oil and gas stock which has got the market all excited since its debut on Nov 6 would be Barakah Offshore Petroleum Bhd. Not only has its stock price done well (it’s up 2.4 times to RM1.56 from its offer price of 65 sen), but it has also won a Petroliam Nasional Bhd (Petronas) contract less than two months after its listing.
Besides the mass tourism market, Malaysia also has some luxurious pickings.