Petronas awards GAC Malaysia a license to provide bunkering and other services

Petroliam Nasional Berhard (Petronas), Malaysia’s fully integrated oil & gas multinational corporation and the authority responsible for the licensing of third-party contractors and services and equipment providers operating in the industry, has awarded GAC Malaysia a license to provide bunkering, freight forwarding, shipping and non-bonded warehousing services.

The development has opened the way for GAC Malaysia to provide these services both to the oil & gas upstream sector in Malaysia and the downstream sector for the Petronas Group of Companies, said GAC on Monday (2 September, 2019).

“As the world’s third largest LNG exporter and the second largest oil and natural gas producer in Southeast Asia, Malaysia’s regional oil & gas hub status is the source of growing business opportunities in both the upstream and downstream sectors,” said Mike Camara, GAC Malaysia’s Managing Director.

“With this license, we are now open to more opportunities, and can provide support to Petronas projects, as well as projects by its joint venture partners for offshore blocks and their multinational vendors, some of whom are already GAC’s customers in other parts of the world.”

GAC operates 11 offices in Malaysia including one in Labuan, the country’s main oil and gas supply base, one at Kemaman Supply Base and one in Bintulu.

Photo credit: Photo courtesy of ©2016 Patrick King Photo for GAC
Published: 3 September, 2019