Malaysian Prime Minister Abdullah Haji Ahmad Badawi Monday expressed satisfaction about the natural gas cooperation with China and was hopeful of further progress.
The cooperation in natural gas has been satisfactorily going on since the beginning of this year, and there is greater space for such cooperation between China and Malaysia as the two countries see their economy moving forward in a constant and steady way, he said when meeting Lu Bing, chairman of the Guangxi Zhuang Autonomous Regional Government.
Badawi is in Nanning to attend the commemorative summit marking the 15th anniversary of the dialogue relations between China and the Association of Southeast Asian Nations (ASEAN).
Earlier the day, the Shenergy Group announced that a Shanghai terminal will begin receiving LNG (liquefied natural gas) supply from Malaysia as of 2009 with annual delivery of no less than 1.1 million tons.
According to a contract with a term of 25 years, the supply will grow year-by-year to three million tons in 2012 and then be kept stable.
(Xinhua News Agency October 31, 2006)