Tokyo Gas supply deal

Written by  John McKay
Wednesday, 14 March 2018
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March 14 (LNGJ) - Petronas, the Malaysian energy company and LNG producer, has signed an accord with Japanese utility Tokyo Gas to supply cargoes for a period of up to 13 years. The deliveries from Petronas subsidiary Malaysia LNG will start in April 2018 and will amount to around 500,000 tonnes per annum for the first six years, with the possibility of a volume increase to 900,000 tonnes per annum for the remaining seven years. Petronas Vice President of LNG Marketing, Ahmad Adly Alias, pointed out that Malaysia has a 35-year LNG supply relationship with Tokyo Gas. “At Petronas, we value these relationships and the trust placed in our company for a secure and reliable supply of LNG,” he added. The Petronas LNG production plant at Bintulu in Sarawak has nine Trains and 30 million tonnes per annum of output. The company also operates the world’s first floating LNG production hull, deployed offshore Sarawak.

Last modified on Wednesday, 14 March 2018 08:20
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