Petronas reveals moves to break into regas sector

Petronas wants to get into the floating storage and regasification sector and is actively bidding on projects.

Speaking to TradeWinds on the sidelines of the CWC World LNG Summit in Lisbon, Ahmad Adly Alias, the Malaysian energy company’s vice president of LNG marketing and trading, said it had ­previously bid on a project for Petrobangla in Bangladesh, which did not materialise, and is now ­offering in on another.