Malaysia's Petronas Looks to Hang On as World No.3 in LNG

摘要

As suppliers emerge in new frontiers and Western majors bulk up portfolios in pursuit of market share,Petronas is determined to remain the world's third-largest LNG producer after Qatar Petroleum and Royal Dutch Shell.The Malaysian state firm wants to be seen as a global player,but not to chase market share at all costs.”We have the aspiration to grow but we want to grow only if it adds value to us.There's no point in achieving market share without adding value,”Ahmad Adly Alias,Petronas’vice president for LNG marketing and trading,told Energy Intelligence in Shanghai recently.Since Apr.1,LNG has been incorporated in a new business unit called”gas and new energy”that will serve as a one-stop center for”cleaner”energy.