AsiaCorporate

Malaysia’s MISC reports lower LNG earnings

By LNG Prime Staff
Malaysia's MISC reports lower LNG earnings
Image: MISC

Malaysia’s LNG shipping player MISC, a unit of Petronas, said its LNG business logged a drop in operating profit and revenue in the first quarter of this year. MISC also said LNG carrier spot rates are expected to remain subdued due to the continuous oversupply of vessels.

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