Petronas to supply LNG to Shizuoka Gas for seven years
Translated from Malay, summarized and contextualized by DistantNews.
At a glance
- Petronas LNG Ltd. signed a seven-year agreement to supply approximately 0.84 million metric tons of LNG to Shizuoka Gas Co., Ltd. starting in 2032.
- The deal strengthens a three-decade partnership, emphasizing long-term energy security and mutual growth in a dynamic energy landscape.
- Petronas commits to providing reliable and flexible LNG solutions, supporting energy security while facilitating a pragmatic energy transition.
Petronas LNG Ltd. has secured a new seven-year deal to supply Liquefied Natural Gas (LNG) to Japan's Shizuoka Gas Co., Ltd., commencing in 2032. The agreement covers approximately 0.84 million metric tons of LNG and reinforces a partnership that has spanned three decades.
We value the strong relationship we have built with Shizuoka Gas and look forward to expanding this cooperation further in the future.
Datuk Adif Zulkifli, Executive Vice President and CEO of Petronas' Gas and Maritime Business, highlighted the agreement as a reflection of a relationship built on trust and shared growth. "We value the strong relationship we have built with Shizuoka Gas and look forward to expanding this cooperation further in the future," he stated.
Petronas emphasized its commitment to offering reliable and flexible LNG solutions through its global portfolio, aiming to support long-term energy security while promoting a responsible energy transition. The company noted that the deal offers enhanced flexibility and supply reliability to meet Shizuoka Gas's evolving energy needs in a changing market.
Petronas remains committed to providing reliable and flexible LNG solutions through our global portfolio.
The ceremony also marked the 30th anniversary of Petronas' first LNG cargo delivery to Shizuoka Gas. Building on this long-standing trust, both companies intend to explore opportunities in decarbonization across the LNG value chain, moving beyond traditional buyer-seller dynamics.
It supports long-term energy security while driving a pragmatic and responsible energy transition.
Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.