GUANGZHOU: Petroliam Nasional Bhd (Petronas) is
set to expand its liquefied natural gas (LNG) business in China, extending its
reach to the country's southern region while looking to expand the volume of
supply to its existing buyers.
Petronas LNG Marketing & Trading
vice-president Ahmad Adly Alias said that a liaison office is in Beijing to
facilitate LNG business growth in the country.
“Petronas has strong relationship with China in
the LNG trade and the prospect for further growth is strong. As an integrated
LNG solution provider, the company is in the best position to deliver reliable
and innovative long term LNG solutions to meet China's clean energy demand,” he
said.
Ahmad Adly was speaking at a recent business
reception in Guangzhou, hosted by Petronas subsidiary, Petronas LNG Ltd (PLL).
PLL's new CEO Ezhar Yazid Jaafar was introduced to about 70 potential partners
at the event.
Petronas first LNG trade to China was in 2006
with a 25-year term supply to Shanghai LNG Company Ltd.
Petronas Group has also diversified its LNG
supply portfolio with the addition of Australia Gladstone LNG and the upcoming
Floating LNG projects in Sabah and Sarawak.
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