Petaling Jaya: Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd, has entered into a liquefied natural gas (LNG) sale and purchase agreement with Commonwealth LNG, LLC, to diversify its LNG portfolio through long-term supply from the United States.

According to BERNAMA News Agency, Petronas announced in a statement that it has agreed to purchase one million tonnes per annum (mtpa) of LNG from Commonwealth LNG for a duration of 20 years. This will come from Commonwealth LNG’s facility in Cameron, Louisiana, which is currently under development and has a capacity of 9.5 mtpa.

Petronas LNG Marketing and Trading vice president Shamsairi M Ibrahim stated that the agreement underscores its commitment to fostering global partnerships that ensure reliable, sustainable, and long-term LNG supply for its customers. He expressed that collaborating with Commonwealth LNG will expand their supply node and strengthen their presence in the global LNG market.

Commonwealth LNG president and chief executive officer Farhad Ahrabi indicated that the company is honored to contribute to extending Petronas’ history of serving global energy needs for over a century.

The statement highlighted that this collaboration marks a significant step towards the shared ambition of delivering sustainable energy solutions, advancing strategic energy collaboration, contributing to regional energy security, and reinforcing Commonwealth LNG’s role as a reliable player in the global LNG landscape. The signing was commemorated in a document exchange ceremony between Petronas LNG chief executive officer, Ezran Mahadzir, and Farhad on the sidelines of Energy Asia 2025.

The Energy Asia conference, hosted by Petronas, is scheduled from June 16 to 18 at the Kuala Lumpur Convention Centre.