LOOKING at recent articles in shipping publications, there seems to be a lot going on at shipping company MISC Bhd. Somehow, in the past 60 days, everything just came alive … We are working close to US$6 billion worth of project bids. It is also worth noting that MISC is a 62.67%-owned unit of national oil company Petroliam Nasional Bhd (Petronas). Earlier this month, Petronas via its unit Petronas LNG Ltd agreed to supply LNG to Korea Midland Power Co Ltd. Under the plan, Korea Midland will purchase 0.24 million tonnes of LNG annually for five years, beginning next year.

Source: The Edge Markets November 04, 2019 09:11 UTC