Malaysian state buys stake in MLNG train operator

The government of the Malaysian state of Sarawak has bought a 15% stake in Malaysia LNG Tiga, which operates two trains at the Malaysia LNG project,
By Staff reporter 16 April 2018 0 30452

The government of the Malaysian state of Sarawak has bought a 15% stake in Malaysia LNG Tiga, which operates two trains at the Malaysia LNG project, according to Malaysian newspaper The Star.

Sarawak bought the share from Shell Gas Holdings Malaysia for an undisclosed amount.

The deal increases Sarawak’s share to 25% and makes the state the second-largest shareholder in the project.

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