Korea Midland Power (KOMIPO) has signed a memorandum of understanding (MOU) on business development and cooperation in the fields of liquefied natural gas (LNG) and renewable energy with global energy company Petronas of Malaysia, the state-run power company said
The MoU was signed on 18 September 2019 in Houston, Texas. Signing on behalf of Petronas LNG Ltd (PLL) was its Chairman, Ahmad Adly Alias while KOMIPO was represented by Park Hyung Koo, President and CEO.
Both parties intend to evaluate, discuss and conduct a study on LNG infrastructure, power business and renewable energy opportunities.
Ahmad Adly Alias, Chairman of PLL said, “This MoU with KOMIPO represents our commitment in being a reliable energy and solutions provider and we look forward to this venture with KOMIPO.”
“Through signing of the MoU, KOMIPO and PLL are able to lay the foundation for business relations in the LNG & renewable business.” said Hyung Koo Park, President and CEO of KOMIPO.