PETRONAS and Mitsubishi Corporation Strengthen 46-Year Partnership with New Agreements
10/18/24, 2:32 AM
Location
kuala lumpurIndustry
oil and gas
Type
partnership
PETRONAS and Mitsubishi Corporation have signed new agreements to further solidify their 46-year partnership, with a focus on delivering Liquefied Natural Gas to international markets, particularly in Japan. The agreements outline Mitsubishi Corporation’s investment in the Malaysia LNG Dua and MLNG Tiga for the next decade, with the extension of its equity shareholding in MLNG Dua, and the reinvestment of equity shareholding in MLNG Tiga.
Company Info
Location
kuala lumpur, kuala lumpur, malaysia
Additional Info
PETRONAS Chemicals Group Berhad (PCG) was established as part of the PETRONAS Group to maximise value from Malaysia’s natural gas resources.
We are the leading integrated chemicals producer in Malaysia and one of the largest in Southeast Asia, with nearly three decades of experience in the industry.
We operate a number of world-class production sites in Malaysia, Asia-Pacific, Europe and North America. With a total combined production capacity of 15.4 million metric tons per annum (mtpa), we are involved primarily in manufacturing, marketing and selling a diversified range of chemical products, including olefins, polymers, fertilisers, methanol and other basic chemicals, derivative products and specialty chemicals.