26NOV2018 - NEWS - Norway based energy company Equinor inks deal for terminal and storage for LPG in Port Klang, Malaysia

Norwegian energy major Equinor and Global Petro Storage (GPS) have recently entered into a long-term agreement for a terminal and storage for LPG in Port Klang, Malaysia. Under the agreement, GPS will build a new facility with comencement of operations planned for mid-2021. Equinor will bring LPG to the terminal and sell into the domestic market in Malaysia as well as neighboring markets like Bangladesh, the Philippines, India, Indonesia and Vietnam. Equinor will also have an option to acquire an ownership share of the new storage facilities and terminal, where Equinor will be the only user.

Published by Editor - www.Livebunkers.com at 26-Nov-2018 05:15:40 [UTC] , contact editor at editor@livebunkers.com