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Malaysia awards licence for oil & gas logistics
GAC comes into play in Malaysia
A new player in the logistics of oil & gas in Malaysia has emerged. The custodian of Malaysia’s national oil and gas resources has awarded GAC Malaysia the licence to provide bunkering, freight forwarding, shipping and non-bonded warehousing services.
The Petroliam Nasional Berhad (Petronas) licence opens the way for the company to offer these services both to the oil & gas upstream sector in Malaysia and the downstream sector for the Petronas group of companies.
Petronas is the country’s multinational oil & gas corporation and the authority responsible for the licensing of third-party contractors and services and equipment providers operating in the industry. GAC now operates eleven offices in Malaysia including one in Labuan, the country’s main oil and gas supply base, one at the Kemaman supply base and one in Bintulu. (fd)