Petronas gears up for South-east Asia’s shift as net LNG importer
The company sees its facilities’ strategic location and diverse supply portfolio as key advantages
[BANGKOK] Even as the US-Iran war forces a global reckoning on liquefied natural gas (LNG), Malaysia’s Petronas remains optimistic that South-east Asia’s appetite for the fossil fuel is growing.
The company wants to serve rising demand from regional customers – leveraging the proximity of its production capabilities in East Malaysia, alongside its “new heartland” of Canada, said Rosdi Ab Rahman, CEO of Petronas LNG.
“The beauty of these two supply points is that they are pointing towards the Asia-Pacific, towards the big LNG demand; and of course South-east Asia is part of (it),” he told reporters on Sept 16.
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