Petronas Delivers Second LNG Cargo to Myanmar
Malaysian state-run Petronas through its subsidiary, Petronas LNG, has begun deliveries of LNG to Myanmar, with two cargoes delivered in May and June 2020, it said on June 4. The delivery is part of a deal signed with CNTIC VPower earlier this year which will use the fuel for power generation.
As part of the agreement, the LNG cargoes were sold on free-on-board basis, amounting to a total LNG volume of 190,000 m3. Both LNG cargoes were loaded at Petronas LNG complex in Bintulu, Sarawak, and were delivered on May 7, onboard the CNTIC VPower Global, and on June 3, onboard the Golar Kelvin.
“The two LNG cargoes that were successfully delivered to CNTIC VPower mark a new era in the growth of LNG demand in the southeast Asian region. With Myanmar as the latest nation to adopt LNG as a form of cleaner energy, Petronas looks forward to being a long-term partner and supplier, leveraging on our world-class reliability, as well as innovative and customer-centric solutions,” Petronas CEO Abdul Aziz Othman said.
In addition to the first two LNG cargoes, Petronas said it is also working with CNTIC VPower for further deliveries that will strengthen the relationship between both companies, which will facilitate the growth of their foothold in Myanmar’s fast-growing gas industry.