PETRONAS LNG Ltd (PLL), a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.
Under the SPA, PLL will offtake up to two million tonnes per annum (MTPA) of LNG from QatarEnergy over a period of 20 years. The long-term volumes secured through this agreement will play a critical role in reinforcing Malaysia’s energy supply security, ensuring stable and reliable LNG availability to meet growing demand in Malaysia.
This strategic collaboration enhances PETRONAS’ portfolio resilience amid an evolving global energy landscape, while supporting the nation’s economic development and energy transition priorities. It also reflects the shared commitment between PETRONAS and QatarEnergy to deepen cooperation across the LNG value chain towards a future-ready and sustainable gas portfolio.
This agreement reflects the continuous efforts of both parties and the strong foundation built over years of collaboration. It positions the partnership to deliver long-term value and support practical progress towards a more sustainable energy future.