Petronas Ships Its First LNG Cargo to S-OIL

Illustration; Image Courtesy: MISC Berhad

Malaysian oil company Petronas has shipped its first LNG cargo on board a 137,100 cbm LNG carrier to South Korea’s S-OIL Corporation. 

The company, through its subsidiary, Petronas LNG (PLL) delivered the cargo from Petronas LNG Complex in Bintulu, Sarawak, to POSCO Gwangyang Terminal on April 22, 2018.

The cargo was carried aboard Puteri Zamrud Satu, the 2004-built vessel chartered by MLNG and operated by Petronas’ subsidiary MISC Berhad (MISC).

As informed, the delivery marks the beginning of PLL’s supply to S-OIL via a 15-year sale and purchase agreement (SPA). Under the agreement, PLL is to deliver up to 0.7 million tons per annum (MTPA) of LNG to S-OIL.

Petronas operates from its main supply base in Bintulu, Sarawak. In addition, the company has diversified its LNG supply portfolio with the inclusion of Australia’s Gladstone LNG and the world’s first floating LNG facility located offshore Sarawak.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2018 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

CWC World LNG & Gas Series: 10th Asia Pacific Summit

Bringing together the key LNG buyers and sellers from across the globe, the Summit provides…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Defence Safety Conference Supported by The Defence Safety Authority, UK MoD

The Defence Safety Conference is the first of its kind exclusively dedicated to safety across the defence domain…

read more >

Singapore International Bunkering Conference and Exhibition (SIBCON)

The 20th edition of the Singapore International Bunkering Conference and Exhibition (SIBCON) will be about inspiring change…

read more >