Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, and CNOOC Gas and Power Singapore Trading & Marketing, an affiliate of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), have expanded their existing relationship by striking a liquefied natural gas (LNG) deal, said to support China’s dual carbon ambitions and reinforce the Malaysian firm’s role as a reliable LNG partner in Asia.
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