Skip to main content

S-Oil signs LNG contract with Petronas

Published by
LNG Industry,


Reuters are reporting that South Korea’s third-largest refiner S-Oil Corp has signed a long-term LNG supply contract with Malaysia’s Petronas for 15 years starting in 2018.

S-Oil expects to buy 700 000 tpy of LNG from March 2018 through March 2033. The LNG will be used for its fuel and feed stock.

“We have inked the deal on good terms for our company amid the current favaourable LNG market conditions,” said the refiner.

Read the article online at: https://www.lngindustry.com/liquefaction/25082017/s-oil-signs-lng-contract-with-petronas/

You might also like

 Webinar

[WEBINAR] Insulation advances: Mitigating noise and CUI in your LNG plant

Heightened noise levels are harmful to the well-being and productivity of a plant’s personnel as well as the surrounding environment. With excessive noise presenting so many financial and health and safety risks, LNG plants need reliable, cost-effective noise-reduction solutions. This webinar will outline the most popular acoustic standards in the industry today and distill down to the audience what they need to know in order to best protect their work personnel and profits.

Register for your free space today »

 
 
 

Embed article link: (copy the HTML code below):


 

LNG Industry is not responsible for the content of external internet sites.