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Malaysia’s Petronas, Japan’s Hokuriku Electric sign LNG supply deal

byCT Report
08/12/2016
in Uncategorized
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KUALA LUMPUR: Malaysian state-owned oil company Petroliam Nasional Bhd (Petronas) said it has agreed to supply up to six cargoes of liquefied natural gas a year to Japan’s Hokuriku Electric Power Co for 10 years.

The agreement, signed through Petronas’ subsidiary Malaysia LNG Sdn Bhd, will begin in March 2018, Petronas said in a statement on Wednesday.

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Malaysia LNG operates Petronas’ Bintulu LNG complex in the East Malaysian state of Sarawak.

 

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