PTT eyeing stake in Petronas’ LNG project
Thailand’s state-owned PTT is eyeing a stake in Petronas’ natural gas liquefaction plant to be built in Malaysia.
The size of the potential stake and investment is soon to be determined, the company’s spokesperson told Reuters.
Thai company is looking to up its imports of liquefied natural gas for power generation. It is seen as a possible buyer of the SK316 natural gas block in Malaysia’s Sarawak.
LNG World News Staff