Petronas invests in LNG project in Australia
Petronas invests in LNG project in Australia
PERTH, Australia: Petronas, the Malaysian state-owned oil company, said Thursday that it would buy a 40 percent stake in the Gladstone liquefied natural gas project from the Australian energy firm Santos for up to $2.51 billion. Petronas hopes to bolster its position as Asia's largest LNG producer.
Publication Date:
30/05/2008