Japan’s Sumitomo Corp and Malaysia’s Petronas Trading have teamed up to market and supply LNG bunkers in Malaysia and Japan.
A memorandum of collaboration between the parties expands their LNG bunkering offerings outside of their home territories by marketing each other’s supplies and related services to their own customers under the Petronas Marine and Sumitomo brands.
It effectively gives Petronas Trading an opening into the Northern Asian LNG bunker markets, and Sumitomo a presence in South East Asia.
