Kuala lumpur: PETRONAS LNG Ltd (PLL), a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy. This marks the first long-term LNG supply agreement between the two companies.

According to BERNAMA News Agency, under the SPA, PLL will offtake up to two million tonnes per annum (MTPA) of LNG from QatarEnergy over a period of 20 years. The long-term volumes secured through this agreement will play a critical role in reinforcing Malaysia's energy supply security, ensuring stable and reliable LNG availability to meet growing demand in Malaysia.