Asia/Pacific News
Petronas, CNOOC Plan LNG Bunkering Cooperation
Tuesday March 16, 2021
Energy companies Petronas and China National Offshore Oil Corp (CNOOC) are planning to work together on the development of LNG as a bunker fuel.
The two firms have signed a memorandum of understanding on collaboration around clean energy and energy security, news service China Daily reported on Tuesday.
The collaboration will include working together on developing a global bunker supply network and expanding the use of natural gas as a marine fuel.
Earlier this month Petronas announced it had also signed a memorandum of understanding with the UAE's ADNOC on collaboration across a range of energy markets including the potential for LNG bunker supply in the Middle East.
