Petronas and S-Oil sign LNG supply agreement
8/31/2017
Malaysian Petronas has inked a 15-yr contract with Korea's S-Oil Corp. for supply of LNG to S-Oil Corp.'s new plant operations and as feedstock for hydrogen production.
Under the long-term agreement, Petronas subsidiary Malaysia LNG will deliver up to 700 Mtpy of LNG to S-Oil, beginning 2018.
Petronas recently signed a 10-yr LNG supply contract with Hokkaido Electric Power, a Japanese utility company. Under that deal, Malaysia LNG will deliver up to 130 metric Mtpy of LNG.
Malaysia LNG operates the Petronas LNG complex in Bintulu, Sarawak. The nine-train terminal has an LNG production capacity of 30 matrix MMtpy.
Sign up to Receive Our Newsletter
- Gasum powers Equinor's platform supply vessel with bio-LNG
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Golar LNG signs EPC deal for $2.2-B MK II FLNG conversion project
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- Brazil's fossil push undermines Lula's green ambitions
Comments