Known as Petronas, the company is aiming to increase its share of the global liquefied natural gas market to 10%, Senior Vice President for LNG Abang Yusuf said at the CERAWeek energy conference.

Petronas also is looking at taking an equity stake in the second phase of LNG Canada's gas-export plant in Kitimat, British Columbia, on the west coast of Canada, he said. The plant's first phase is scheduled to start producing chilled gas in the second half of the year.

Ben Daniel, a principal at Global Infrastructure Partners, told CERAWeek attendees that raising capital for new LNG projects has become more difficult because of environmental concerns.

(Reporting by Curtis Williams)