KUALA LUMPUR, Oct 29 (Bernama) — Petroliam Nasional Bhd (PETRONAS) through its subsidiary PETRONAS LNG Sdn Bhd (PLSB) achieved another milestone with the signing of the Time Charter Party (TCP) with MISC Berhad and Avenir LNG Limited to charter a 7,500 cubic meters of liquefied natural gas (LNG) bunker vessel.
The collaboration positions PETRONAS among the first LNG bunkering service providers in the South East Asia region, moving Malaysia closer towards becoming a LNG bunkering hub. The LNG bunker vessel is capable of providing bunkering services to LNG fueled vessels across Malaysia, and also transporting smaller scale LNG cargoes across the region.