KUALA LUMPUR, Feb 10 (Bernama) — Malaysian gas shipper Petrolife Aero Sdn Bhd (Petrolife) has inked a gas sale agreement (GSA) with PETRONAS Energy & Gas Trading Sdn Bhd (PEGT) for the supply of natural gas.
Under the GSA, PEGT will provide natural gas supply to Petrolife for a five-year period beginning 1 January 2022.
The agreement cements Petrolife’s position as one of several shippers of natural gas in Malaysia, following the full liberalisation of the non -power sector natural gas market under the Third-Party Access (TPA) mechanism from 2022 onwards.