The agreement is expected to strengthen energy security in Peninsular Malaysia by integrating upstream gas developments with LNG imports.
KUALA LUMPUR: Petroliam Nasional Bhd’s (PETRONAS) subsidiary, PETRONAS LNG Ltd, has signed a 15-year sale and purchase agreement with Woodside Energy Trading Singapore Pte Ltd to supply one million tonnes per annum (Mtpa) liquefied natural gas (LNG) to Malaysia starting in 2028.
“LNG will be supplied from Woodside’s global portfolio, which may include volumes from the recently approved Louisiana LNG project in the United States,” PETRONAS said in a statement yesterday.
The agreement is expected to strengthen energy security in Peninsular Malaysia by integrating upstream gas developments with LNG imports.
PETRONAS LNG marketing and trading vice president Shamsairi Ibrahim said its collaboration with Woodside ensures a reliable and flexible supply for Malaysia’s growing economy, while enhancing its global portfolio to deliver energy responsibly and sustainably. — Bernama
