KUALA LUMPUR, March 21 (Bernama) — Petroliam Nasional Berhad (PETRONAS) recently signed a binding Heads of Agreement (HoA) with Vietnam Oil and Gas Group (PETROVIETNAM) for the sales and purchase of additional gas from Block PM3 CAA, Malaysia to Ca Mau Province, Vietnam, in support of the country’s plan to spur its economic growth in its South West region.
The HoA was signed on 15 March 2019 at the Gem Centre in Ho Chi Minh, Vietnam. Signing on behalf of PETRONAS was Vice President of Malaysia Petroleum Management (MPM), Muhammad Zamri Jusoh while PETROVIETNAM was represented by its Vice President, Nguyen Quoc Thap.