- QatarEnergy and Petronas signed a 20-year LNG supply agreement.
- The deal involves 2 million tons per annum of LNG starting 2028.
- This is the first long-term LNG agreement between the two companies.
- The signing took place during LNG2026 in Doha.
Agreement Details
QatarEnergy has entered into a 20-year Sales and Purchase Agreement (SPA) with Petronas to supply two million tons per annum (MTPA) of liquefied natural gas (LNG) to Malaysia. The supply is set to commence in 2028.
Signing Ceremony
The agreement was formalized by His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and CEO of QatarEnergy, and YM Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz, President & Group CEO of Petronas. The signing took place in Doha during the 21st International Conference & Exhibition on Liquefied Natural Gas, known as LNG2026.
Significance
This marks the first long-term LNG SPA between QatarEnergy and Petronas, highlighting the mutual trust and confidence between the two companies. The agreement underscores their commitment to a sustainable energy future and strengthens bilateral cooperation.
