By ABHRAJIT GANGOPADHYAYKUALA
KUALA LUMPUR -- Malaysia's state-owned oil and gas company
Petroliam Nasional Bhd, or Petronas, will directly procure new
ships to transport liqueified natural gas in a move aimed at
cutting costs, the company said in a statement Thursday.
A company's spokesman didn't comment on the current LNG
The move will give Petronas direct access to LNG shipping
capacity at lowest possible costs, the statement said.
Petronas will engage its shipping unit MISC Bhd to offer project management and consultancy
services in construction of new LNG ships, it
Dow Jones Newswires