Singapore's energy regulator signs preliminary LNG agreement with PetroChina
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
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Source: Yahoo Finance
Collaboration Agreement: Singapore's Energy Market Authority (EMA) has signed a preliminary agreement with PetroChina International to enhance expertise in liquefied natural gas (LNG) supply and management, focusing on strengthening supply chains and exploring joint procurement opportunities.
Energy Security Initiatives: This partnership is part of Singapore's strategy to bolster energy security and decarbonize its power sector while aiming to develop the nation as an Asian LNG hub and promote sustainable development solutions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
