ENEOS Takes 10% Stake in Malaysia LNG Tiga in New Deal With Petronas

One of Japan’s biggest energy firms, ENEOS, is re-entering the joint venture operating the Malaysia LNG Tiga project with a 10% stake under a deal it has signed with Malaysia’s state oil and gas firm Petronas. ENEOS Xplora and Petronas on Thursday signed the definitive agreements formalizing ENEOS’ re-entry into Malaysia LNG Tiga Sdn. Bhd. (MLNG Tiga), the Malaysian company said in a statement. Subject to the fulfilment of certain closing conditions, ENEOS will hold a 10% equity stake in MLNG Tiga for the next decade.…