Petronas pipeline leak hit part of Malaysia’s LNG exports -sources


Historical, don’t sell your shares.

Dateline 2022-10-07, Nasdaq:

Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline leak, trade sources said on Friday.

Malaysia LNG, majority owned by Petronas, declared force majeure on LNG supplies to its customers due to a leak on the Sabah-Sarawak Gas Pipeline on Sept. 21, a Mitsubishi Corp 8058.T spokesperson said on Thursday.

This came after Petronas declared force majeure on gas supplies to Malaysia LNG, in which Mitsubishi also owns a stake.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: