Malaysia LNG Sdn Bhd (MLNG), a subsidiary of PETRONAS, has signed a Heads of Agreement (HOA) with JERA Co., Inc. (JERA) to supply up to approximately 2.5 million tonnes of liquefied natural gas (LNG) annually for a period of three years.\u00a0\u00a0<\/p>\n
The supply to JERA will commence in April 2018.<\/p>\n
PETRONAS Vice President of LNG Marketing & Trading, Ahmad Adly Alias said: \u201cThe HOA is a testament to the strength and stability of PETRONAS\u2019 relationships with our partners and customers in Japan that have been built for over 30 years”.<\/p>\n
\u201cAt PETRONAS, we value these relationships and remain steadfastly committed to deliver reliable supply of LNG to these partners and customers,\u201d he said.<\/p>\n
JERA is a joint venture between Tokyo Electric Power Company Fuel & Power, Inc. and Chubu Electric Power Co., Inc. and is engaged in the power generation and energy supply business in Japan and overseas.<\/p>\n
Ahmad Adly said that in the changing LNG industry landscape, PETRONAS\u2019 integrated operation has enabled the company to respond to new market requirements which includes offering long-term and short-term solutions.<\/p>\n
“New demand terms and conditions are becoming a norm and providing flexible solutions to accommodate the different needs of our buyers is our way forward,\u201d he added.<\/p>\n
MLNG operates the PETRONAS LNG Complex in Bintulu, Sarawak, one of the world\u2019s largest LNG complexes operating on a single site. The nine-train facility has a combined annual production capacity of about 30 million tonnes.<\/p>\n
PETRONAS, with over 30 years of experience in integrated global LNG business, has a sterling reputation as a reliable LNG solutions provider and supplier.\u00a0<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Malaysia LNG Sdn Bhd (MLNG), a subsidiary of PETRONAS, has signed a Heads of Agreement (HOA) with JERA Co., Inc. (JERA) to supply up to approximately 2.5 million tonnes of liquefied natural gas (LNG) annually for a period of three years.\u00a0\u00a0 The supply to JERA will commence in April 2018. PETRONAS Vice President of LNG […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1208","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1208"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1208\/revisions"}],"predecessor-version":[{"id":5133,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1208\/revisions\/5133"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}