The signing is in the ordinary course of business for Sembcorp.
Sembcorp Gas, the wholly-owned subsidiary of Sembcorp Industries (SGX:U96
) , has signed a non-binding term sheet with West Natuna Exploration Limited, which is a wholly-owned subsidiary of Conrad Asia Energy.
The term sheet outlines the key terms and framework for a binding gas sales agreement (GSA) for the Mako gas field in Indonesia.
