The Sun (Malaysia)

GAS MALAYSIA, TOKYO GAS EYE VENTURE IN NATURAL GAS CHAIN

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PETALING JAYA: Gas Malaysia Bhd and Tokyo Gas Co Ltd are looking to collaborat­e in the developmen­t of natural gas value chain in Southeast Asia excluding Vietnam. In a filing with Bursa Malaysia yesterday, the group said it had signed a memorandum of understand­ing (MoU) with Tokyo Gas to establish a mutual-beneficial cooperatio­n and collaborat­ion in relation to any new investment in the developmen­t of natural gas value chain. Under the MoU, the two parties will work together on technical and commercial informatio­n; collaborat­ive investment­s in new projects; personnel exchange for educationa­l and training purposes; and any other areas to be mutually agreed upon.

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