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Petronas to expand LNG exports despite rising domestic demand

Netty Ismail / Bloomberg
Netty Ismail / Bloomberg • 3 min read
Petronas to expand LNG exports despite rising domestic demand
The firm plans to expand beyond its traditional markets — Japan, China and South Korea — to countries in Southeast Asia, including Vietnam and the Philippines, says Adif Zulkifli, CEO of Petronas’ gas and maritime business. Photo: Bloomberg
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Petroliam Nasional is seeking to expand its liquefied natural gas exports to growing Asian markets while also supporting Malaysia’s rising energy needs, which are partly driven by a data centre boom.

The state-owned company’s diversified portfolio — which includes a newly operational export plant in Canada — will enable it to meet overseas demand for gas, said Adif Zulkifli, CEO of Petronas’ gas and maritime business.

The firm plans to expand beyond its traditional markets — Japan, China and South Korea — to countries in Southeast Asia, including Vietnam and the Philippines, he said in an interview.

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