KUALA LUMPUR: Petronas LNG Ltd (PLL) has entered into a Master Sales and Purchase Agreement (MSPA) with the Japan Organisation for Metals and Energy Security (JOGMEC) to safeguard Japan’s energy security while respecting Malaysia’s domestic supply needs.
JOGMEC is a Japanese government agency operating under the Ministry of Economy, Trade and Industry (METI), with responsibilities that include implementing Japan's energy and natural resources policies.
Petronas executive vice president and chief executive officer of gas and maritime business, Datuk Adif
Zulkifli, said this agreement reflects the strength of the trust Petronas have built with JOGMEC over many years.
"By establishing a more agile framework for future liquefied natural gas (LNG) supply arrangements, we are better positioned to respond to evolving energy needs and contribute to greater supply resilience,” he said in a statement today.
According to the statement, the MSPA reflects Petronas’ ongoing commitment to delivering reliable energy solutions and fostering strategic partnerships that contribute to a secure, sustainable and resilient energy future.
The framework reinforces Petronas’ role as a reliable and trusted LNG supplier to Japan and underscores the shared commitment to ensure reliable energy supplies amid an evolving global energy landscape.
The MSPA, signed during the LNG Producer and Consumer Conference 2026 (LNGPCC 2026), reflects the long-standing energy partnership between Petronas and Japan. - Bernama
