Petronas inks 20-year LNG supply deal with Japan power generation giant
Petronas has signed a 20-year agreement to supply two million tonnes of LNG annually to Japan's Jera starting in 2028. Prime Minister Anwar Ibrahim highlighted the deal as a milestone in Malaysia-Japan relations, covering energy, finance, and technology cooperation.
Why it matters
This long-term energy deal strengthens bilateral economic ties and supports Japan's energy security while fostering cooperation in emerging tech sectors.
Share Prime Minister Anwar Ibrahim says Malaysia and Japan are also deepening financial ties, including through a bilateral swap arrangement and efforts to promote ringgit-yen transactions. Prime Minister Anwar Ibrahim and Japanese prime minister Sanae Takaichi during a press conference in Tokyo today. TOKYO : Petronas has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with Japan’s Jera for the supply of two million tonnes of LNG annually over 20 years from 2028, Prime Minister Anwar Ibrahim announced today. During a joint press conference with Japanese prime minister Sanae Takaichi, Anwar said the agreement was a “remarkable feat” in Malaysia-Japan relations and reflected the trust and long-standing cooperation between both countries.
The article reports on a bilateral trade agreement and diplomatic statements in a straightforward, objective manner.
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