Petronas announced a change of name of its subsidiary, Asean LNG Trading Co Ltd (ALTCO), to Petronas LNG Ltd as of Feb 23, 2011.In a statement today, Petronas said ALTCO was established in 2003 with the aim of growing the LNG trading portfolio of Petronas globally.
With the steady growth of its portfolio, ALTCO has to date delivered cargoes to 29 terminals in 14 countries. -- BERNAMA