- Petronas signs 10-year liquefied natural gas supply deal with Japanese utility, Hokkaido Electric Power
- Petronas subsidiary, MLNG Sdn. Bhd. to deliver 130,000 tonnes of LNG per year
- Effort to provide long-term LNG solution to customers.
Kuala Lumpur, March 9, 2017: Petronas through its subsidiary, Malaysia LNG Sdn. Bhd (MLNG) has secured a 10-year liquefied natural gas (LNG) supply agreement with Japanese power firm, Hokkaido Electric Power Company (HKE).
Under the terms of the agreement, MLNG will deliver up to 130,000 metric tonnes of LNG per year to HKE receiving facilities.
HKE is one of the utility companies in Japan responsible for the stable supply of electricity to the Hokkaido Prefecture.
MLNG chairman, Datuk Mohd Anuar Taib who said the partnership with HKE demonstrated Petronas commitment to providing long-term LNG solutions to its customers.
“We would like to thank HKE for the trust placed in Petronas for a secure and reliable supply of this cleaner energy source, and we look forward to building upon this relationship into the future,” said Mohd Anuar at the signing recently.
MLNG operates the Petronas LNG Complex in Bintulu, Sarawak, one of the world’s largest LNG complexes operating on a single site.
The nine-train facility has a combined annual production capacity of about 30 million tonnes.