KUALA LUMPUR, June 4 (Bernama) — PETRONAS through its subsidiary, PETRONAS LNG Ltd.(PLL), recently completed its maiden delivery of liquefied natural gas (LNG) to Yangon, Myanmar, with two LNG cargoes delivered in May and June 2020. The delivery of the two LNG cargoes is part of a Master Sale and Purchase Agreement between PLL and CNTIC VPower that was signed in early 2020.
As part of the agreement, the LNG cargoes were sold on Free-On-Board (FOB) basis, amounting to a total LNG volume of 190,000 cubic metres. Both LNG cargoes were loaded at PETRONAS LNG Complex in Bintulu, Sarawak, and were delivered on 7 May 2020, onboard the CNTIC VPower Global, and on 3 June 2020, onboard the Golar Kelvin.
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