IEV Energy, Gas Malaysia Complete LNG Feasibility Study

IEV Holdings Limited announced that the Group and Gas Malaysia have completed the LNG Feasibility Study.

IEV Group and Gas Malaysia have agreed to pursue further business cooperation initiatives.

The Company had, on 15 October 2012, through its wholly-owned subsidiary, IEV Energy, entered into a MOU with Gas Malaysia to conduct a feasibility study to review the prospects of cooperating and successfully undertaking projects for the processing, transporting and marketing of LNG to industrial consumers in the Peninsular Malaysia who are not connected to Gas Malaysia’s natural gas pipeline system.

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LNG World News Staff, May 16, 2013; Image: IEV