Kuala lumpur: PETRONAS LNG Ltd. (PLL), a subsidiary of Petroliam Nasional Berhad (PETRONAS), has signed a new Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shizuoka Gas Co., Ltd. (Shizuoka Gas), reinforcing a trusted partnership spanning three decades and reaffirming their shared commitment to strengthening long-term energy security.

According to BERNAMA News Agency, under the agreement, PLL will supply approximately 0.84 million metric tonnes (MMT) of LNG for a seven-year period, commencing in 2032. Leveraging on PETRONAS' diversified global LNG portfolio, the agreement provides greater supply flexibility and reliability to support Shizuoka Gas' evolving energy requirements amid changing market dynamics. The arrangement reflects the growing demand for flexible LNG supply solutions as customers seek greater resilience and energy security in a dynamic global energy landscape.