Petronas has delivered the first LNG import cargoes to Myanmar.
The malaysian oil and gas company’s subsidiary Petronas LNG delivered two LNG cargoes to Yangon in May and June as part of a sale and purchase agreement between Petronas LNG and CNTIC VPower signed in early 2020.
As part of the agreement, the LNG cargoes were sold on Free-On-Board (FOB) basis, amounting to a total LNG volume of 190,000 cubic metres.
Both LNG cargoes were loaded at Petronas LNG’s complex in Bintulu, Sarawak, and were delivered on 7th May, onboard the CNTIC VPower Global, and on 3rd June, onboard the Golar Kelvin, Petronas said.
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