K+N TO BE LOGISTICS PARTNER OF PETRONAS

Kuehne + Nagel has been awarded a three-year logistics and supply chain contract by Malaysia’s government-owned oil and gas organization Petroliam Nasional Berhad.

 

Under the agreement, Kuehne + Nagel will assume end-to-end integrated supply chain responsibilities for PETRONAS, including freight forwarding services, logistics management as well as off-site and on-site warehouse operations. Kuehne + Nagel will also utilize PETRONAS fuel, lubricant and petrochemical products when performing overland activities in Malaysia.

 

“We are delighted to enter into collaboration with PETRONAS, the custodian of Malaysia’s petroleum resources,” said Jens Drewes, president of Kuehne + Nagel South Asia Pacific. “Our appointment as PETRONAS’ one-stop logistics partner is a significant milestone for Kuehne + Nagel. It is a testament of our strategy to offer technology-driven value chains to our customers and further strengthens our industry-leading position.”

 

Kuehne + Nagel was selected for its global network, full suite of logistics services and Logistics Control Centres in four strategic hubs.

 

Malaysia is the world's third-largest exporter of liquefied natural gas and the second-largest oil and natural gas producer in Southeast Asia.