KUALA LUMPUR, Feb 11 (Bernama) — Petroliam Nasional Berhad (PETRONAS), under its wholly owned subsidiary PETRONAS Trading Corporation Sdn Bhd (PETCO) and Sumitomo Corporation (Sumitomo) signed a Memorandum of Collaboration (MoC) to jointly market and supply LNG bunker and related services through the PETRONAS Marine brand in both Malaysia and Tokyo Bay, Japan.
The MoC serves to build industrial platforms and end-to-end supply chains to offer more environmentally friendly and cost-efficient LNG for use as a marine fuel and reduce the GHG emissions attributable to maritime transport.