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Petronas seeks $1 billion loan to expand LNG production, enhancing Malaysia's market role.
Malaysia's state-owned oil and gas company, Petronas, is exploring a $1 billion loan to fund an expansion of its liquefied natural gas (LNG) project.
The company is in talks with banks for financing that could last up to 15 years, aimed at boosting its LNG production capacity and reinforcing Malaysia's role in the global LNG market.
Details of the deal are still being discussed and could change.
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Petronas busca un préstamo de $1 mil millones para expandir la producción de GNL, mejorando el papel de Malasia en el mercado.