Friday, November 18, 2016

Malaysia's Petronas Achieves First Gas At Floating LNG Facility

Malaysia's Petronas Achieves First Gas At Floating LNG Facility

Malaysian state-owned oil firm Petroliam Nasional Bhd said on Nov. 17 it
achieved first gas this week for its first floating LNG facility in offshore
Sarawak, east of the country.

Petronas said in a statement the LNG facility will soon go into commercial
operations and move its first cargo.

The company on Nov. 16 reported that third-quarter profit nearly quadrupled
to 6.1 billion ringgit (US$1.39 billion) on lower net impairment on assets
and higher average prices for most products.

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Link to Original Article:
http://www.epmag.com/malaysias-petronas-achieves-first-gas-floating-lng-faci
lity-1448446?mkt_tok=eyJpIjoiTUdNMVpqZzFZV1l4TXpZNCIsInQiOiJoSW5UWE85bUMxNm9
sOFwvaTFNSXZmTzY1dTgyKzJnaGs1V2M1UWxwZXNlQnB2XC9jRXJyYUdmcnQ2NFUxdUYwSGNLRUR

DQ3g2dmJ4M3hvK1VRXC9JWjQrdXF4bloyV2oyVVZxdlp4SDBiM1hTYz0ifQ%3D%3D

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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