A New Force Is Emerging In Asian Energy Markets ...Middle East

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A New Force Is Emerging In Asian Energy Markets
source : OILPRICE ( Middle East ) () 18
With Asia expected to contribute around 90 percent of the world’s growing oil demand over the next five years, we are seeing more and more regional partnerships being established. India and Malaysia are the latest of many forging links to ensure the future of energy in Southeast Asia.  Malaysia’s state-owned Petronas is planning to partner with Indian Oil Corp. (IOC), to build liquefied natural gas (LNG) terminals and expand fuel retailing and gas distribution, expanding its existing role as an LPG exporter to India. The company…

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