Qatar’s Doha Energy, the leading LNG exporter, and Program Consulting Trading & Maintenance have signed a Memorandum of Understanding (MoU) with Malaysian firm Power Petroleum Gas.
The partnership agreement, which highlights a unique collaboration between companies in Malaysia and Qatar, will also include the distribution of liquefied natural gas (LNG) cylinders among parties for MiraGas within Malaysia.
Malaysian Ambassador to Qatar H E Zamshari Shaharan witnessed the MoU signing ceremony which was facilitated by Mr. Adnan Mohammed Al Hitari, Director of Program Consulting Trading & Maintenance and Director of Doha Energy, and Mr. Shahrul Hisham Abdul Rahman, CEO of Power Petroleum Gas.
The MoU aims to develop and establish an international friendship and cooperation on the LNG Gas industry in becoming a leading distributor for Malaysia’s MiraGas and National Gas Company (NGC) Energy.
NGC Energy, being one of the country’s pioneer LPG solution providers, has produced many innovative energy products and services to fulfill the rising demands of Malaysian consumers and businesses. To ensure the highest customer satisfaction, it has also adhered to stringent quality controls and standards of Health, Safety, Security, and Environment (HSSE).
The superior products and services that NGC Energy provides including the iconic yellow gas cylinders, the bulk C200 LPG have created many trusted commercial partners. Its wide distribution network makes it easily accessible nationwide, while its parent company in Oman expands the cross-regional presence.
According to reports, the global LNG market was estimated to be $41.21 billion in 2019 and is expected to reach $61.85 billion by 2026, at a CAGR of 6.92 percent during 2021-2026.