Shell to sell west Malaysia LPG assets to Oman’s NGC


Dateline 2012-03-08:

National Gas Company SAOG (NGC) said today that it has signed a Letter of Intent (LOI) with Shell Malaysia Trading to purchase the latter’s LPG (liquefied petroleum gas) assets in west Malaysia for an undisclosed sum.

NGC, one of the largest LPG companies in the Middle East, said that its entry into Malaysia was done in partnership with Wan Zulkifle Wan Yusoff, a senior LPG industry professional.

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