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Article: Murphy Oil Announces Signing of Two Natural Gas Sales Agreements in Malaysia.
- Article from:
- Business Wire
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EL DORADO, Ark. -- Murphy Oil Corporation (NYSE:MUR) announced today that two of its wholly owned subsidiaries have, together with partner PETRONAS Carigali Sdn. Bhd., signed two separate Gas Sales Agreements (GSA), one to supply the existing PETRONAS Bintulu LNG facility and one to supply a PETRONAS-owned methanol plant, onshore Labuan.
Murphy and PETRONAS Carigali will initially supply the Bintulu LNG facility 250 million cubic feet of gas per day (mmcfpd) for a firm period of five years, with a provision to supply up to 350 mmcfpd for another 10 years. The gas will be sourced from multiple fields located in Blocks SK 309 and SK 311 in shallow waters offshore ...