Saturday, March 19, 2011

Petronas to ship additional LNG supplies to Japan

KUALA LUMPUR: Petroliam Nasional Bhd is increasing its supplies of liquefied natural gas (LNG) to Japan to mitigate the shortage in that country after the earthquake and tsunami on March 11.

Expressing its sympathy over the tragedy, Petronas said on Saturday, March 19 it was committed to assist in'' mitigating the difficult situation, one of which was through LNG supplies into Japan.

'Currently Petronas is liaising with its Japanese counterparts to supply immediate additional LNG cargoes from its LNG portfolio sources.

'Petronas is also working with its buyers in the Far East, who are not affected by the quake and tsunami, on possible cargoes swaps, advancements and diversions to cater for the increase in LNG requirements,' it said.

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