Malaysia’s Petronas has successfully delivered its first LNG shipment to South Korean oil refining company S-OIL Corp.
The delivery, which was carried out by MISC’s 137,000-cbm Puteri Zamrud Satu (built 2004), marks the beginning of a 15-year sale and purchase agreement (SPA).
Under the agreement, Petronas interests are committed to deliver up to 0.7mt