Petronas delivers LNG to South Korea's S-Oil
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Petroliam Nasional Berhad, better known as Petronas, on 24 April said it had delivered its first LNG cargo to South Korea’s third largest refiner S-Oil Corp.
The 22 April delivery, via subsidiary Petronas LNG Ltd, marks the beginning of a 15-year supply contract. Petronas is committed to delivering up to 700 000 tpy of LNG to S-Oil.
S-Oil announced in August that it had signed a long-term LNG supply contract with Petronas from March, 2018 through March 2033. It plans to use LNG as fuel to run refining plants and as a feedstock for petrochemical products.
Petronas said the cargo was delivered from its Bintulu LNG complex in the East Malaysian state of Sarawak.
Read the article online at: https://www.lngindustry.com/liquefaction/24042018/petronas-delivers-lng-to-south-koreas-s-oil/
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