LNG

Malaysian International Shipping Corp., whose liquefied natural gas fleet comprises 30 vessels among its 120 ships, posted lower first-quarter revenue and profits, though the outlook for the LNG sector was viewed by the company as positive.

Singapore LNG import licence holder Pavilion Gas, part of the portfolio of the city-state equity fund Temasek and its Pavilion Energy company, received its inaugural LNG cargo from Middle East supplier Qatargas for the local natural gas market.