October 3, 2019

Malaysian Gas Association lauds TNB-Shell trial third party cargo agreement as 'major milestone'- THE EDGE MARKET

Further coverage on Malaysian Gas Association lauds TNB-Shell trial third party cargo agreement as 'major milestone'. The article also quotes MGA,Malaysian Gas Association has lauded the agreement between Tenaga Nasional Bhd (TNB) and Shell Malaysia Trading Sdn Bhd (SMTSB) for a trial third party cargo (TPA) delivery of liquefied natural gas (LNG) as a major milestone in gas market reforms aimed at liberalising prices."It proves that with the right pricing signal from the domestic market, third parties can enter to offer competitive sourcing options and validates the policy of staying the course on gas market liberalisation," it said in a statement today.The association said the planned delivery of the first TPA LNG cargo next week is an important step in gas market reforms that began in 2013 with the first regasification commencing operations in Sungai Udang, Melaka, enabling LNG importation.

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