Petronas inks deal to supply LNG for up to 13 years

Petronas vice-president of LNG marketing and trading Ahmad Adly Alias said Petronas remained committed to delivering reliable supply of LNG through its integrated operations that allow for both long-term and short-term solutions for its customers

PETALING JAYA: Petroliam Nasional Bhd (Petronas), through its subsidiary Malaysia LNG Sdn Bhd (MLNG), has signed a heads of agreement (HoA) with Tokyo Gas Co Ltd to supply liquefied natural gas (LNG) for up to 13 years.

The supply to Tokyo Gas will commence from April 2018 and will be for about 500,000 tonnes per annum for the first six years, with the possibility of a volume increase of up to 900,000 tonnes per annum for the remaining extension period.