PETRONAS LNG Ltd. (PLL) and Korea Midland Power Co. Ltd. (KOMIPO) have signed a Memorandum of Understanding (MoU) to explore business opportunities in Liquefied Natural Gas (LNG) and renewable energy.
The MoU was signed on 18 September 2019 in Houston, Texas. Signing on behalf of PLL was its Chairman, Ahmad Adly Alias while KOMIPO was represented by Park Hyung Koo, President and CEO.
Both parties intend to evaluate, discuss and conduct a study on LNG infrastructure, power business and renewable energy opportunities.
Ahmad Adly Alias, Chairman of PLL said,
“This MoU with KOMIPO represents our commitment in being a reliable energy and solutions provider and we look forward to this venture with KOMIPO.”
“Through signing of the MoU, KOMIPO and PLL are able to lay the foundation for business relations in the LNG & renewable business.” said Hyung Koo Park, President and CEO of KOMIPO.