Copenhagen—Norway’s Statoil announced June 8 its first ever long-term LNG supply contract to Asia—a deal to provide Malaysian state-owned energy group Petronas’ Melaka terminal—and said it was hungry to further expand into the region. “We have had a very good cooperation with Petronas for many years and are very excited to land our first Asian LNG supply agreement with them,” said Eldar Saetre, Statoil’s executive vice president for manufacturing, marketing and renewable energy.
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