Malaysia’s LNG exports decline to lowest

Dateline 2013-07-28:

Malaysia’s liquefied natural gas exports fell to the lowest level in 10 months in May, according to data from the Statistics Department.

Petroliam Nasional Bhd, the state-owned oil and gas producer, shipped 1.89 million metric tonnes of the supercooled fuel, the data show. That’s down about 0.1 per cent from April and is the smallest volume since July last year.

Petronas, as the Kuala Lumpur-based company is known, was paid RM4.33 billion, or about US$13.71 per million British thermal units (Btu), for the exports. It received US$13.11 per million Btu in April.

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