Posts Tagged ‘Petronas’

Petronas May Begin Ethiopian Gas Exports in 2015

(HornTrade) – Petroliam Nasional Bhd., Malaysia’s state-owned oil company, may begin exporting natural gas from Ethiopia in five years, when production starts at a plant it is building in the country, a Mines Ministry official said.

Fields being developed by Petronas in Ethiopia contain as much as 4 trillion cubic feet of gas, Eshetu Chala, senior economist at the Addis Ababa-based ministry, said in an interview yesterday in Kampala, Uganda. Annual production figures have yet to be determined, he said.
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Ethiopia: Petronas suspends exploration work in Ogaden

(HornTrade) - The Malaysian oil and gas giant, Petronas, has suspended exploration work in the Ogaden basin due to security problems.

According to reliable sources, the company suspended work after Jason Read, a 39-year-old British geologist working for IMC on oil exploration, was killed last April by unidentified gunmen in Danot town, Warder zone. No group took the responsibility for the daylight crime.
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