(from left) Mr. Yutaka Kanai, President of Hokuriku Electric Power Company (HRE) and Datuk Mohd Anuar Taib, PETRONAS Executive Vice President & CEO of Upstream, also Chairman of Malaysia LNG Sdn Bhd (MLNG) exchanging the signed supply agreement.
KUALA LUMPUR, 7 Dec 2016 – PETRONAS, through subsidiary Malaysia LNG Sdn Bhd (MLNG), has signed an agreement with Hokuriku Electric Power Company (HRE) to supply up to six cargoes of liquefied natural gas (LNG) per year to HRE for 10 years beginning March 2018.
The agreement, signed yesterday in Kuala Lumpur, makes HRE the latest addition to MLNG’s customer list and adds another milestone to PETRONAS’ LNG business portfolio.
At the agreement signing ceremony, MLNG was represented by its Chairman Datuk Mohd Anuar Taib while HRE was represented by its President, Mr Yutaka Kanai.
(from left) Mr. Yutaka Kanai, President of Hokuriku Electric Power Company (HRE) and Datuk Mohd Anuar Taib, PETRONAS Executive Vice President & CEO of Upstream, also Chairman of Malaysia LNG Sdn Bhd (MLNG), signing the supply agreement.Datuk Mohd Anuar in his speech said the signing was a significant milestone in the relationship between MLNG and HRE.
“We would like to thank HRE for placing their trust in PETRONAS to be a main LNG supplier for the 10 years beginning 2018. We hope the agreement signed today will continue to build and strengthen our new relationship,” he added.
(from right) Datuk Mohd Anuar Taib, PETRONAS Executive Vice President & CEO of Upstream, also Chairman of Malaysia LNG Sdn Bhd (MLNG) handing over a token of appreciation to Mr. Yutaka Kanai, President of Hokuriku Electric Power Company (HRE).MLNG was established in 1978 and operates the PETRONAS LNG Complex in Bintulu, one of the world’s largest LNG complexes operating at a single site.
Established in 1951, HRE is a power utility company in Japan responsible for the stable supply of electricity to Toyama Prefecture and surrounding regions.
Group photo of the management team, led by Datuk Mohd Anuar Taib, PETRONAS Executive Vice President & CEO of Upstream, also Chairman of Malaysia LNG Sdn Bhd (MLNG) and Mr. Yutaka Kanai, President of Hokuriku Electric Power Company (HRE).Apart from the PETRONAS LNG Complex in Bintulu, PETRONAS has embarked on new LNG projects in Malaysia and internationally as part of its continuous efforts to strengthen the security of supply to the country and increase its LNG supply portfolio for future global demand.
