Keppel Gas to buy LNG from Petronas
Add BT as a preferred sourceSingapore
KEPPEL Infrastructure Holdings has agreed to buy up to one million tonnes of liquefied natural gas (LNG) per year, over 10 years, from Petronas LNG, which will help boost Singapore's growing LNG industry.
The group announced on Tuesday that its indirect wholly owned subsidiary, Keppel Gas, has entered into a Heads of Agreement (HOA) with Petronas LNG for the purchase. However, the HOA is conditional upon, among other things, Keppel Gas obtaining the approval and import licence from Singapore's Energy Market Authority.
TRENDING NOW
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
