Petronas signs 20-year LNG supply deal with Commonwealth LNG to boost US portfolio
Under the agreement, Petronas will procure one million tonnes per annum (mtpa) of LNG from Commonwealth LNG's 9.5 mtpa facility currently under development in Cameron, Louisiana.
In a statement, Petronas said the deal marks a strategic move to secure long-term LNG supply from the United States as part of its global expansion and diversification efforts.
A document exchange ceremony was held on the sidelines of Energy Asia 2025 between Petronas LNG chief executive officer (CEO) Ezran Mahadzir and Commonwealth LNG president and CEO Farhad Ahrabi.
Also in attendance were Petronas Gas & Maritime Business executive vice president and CEO Datuk Adif Zulkifli, and Petronas group LNG Marketing and Trading vice president Shamsairi M Ibrahim.
Shamsairi said the agreement underscores Petronas' commitment to delivering a reliable and sustainable LNG supply to customers worldwide.
"This agreement underscores Petronas' commitment to fostering global partnerships that ensure reliable, sustainable and long-term LNG supply for our customers. Collaborating with Commonwealth LNG will expand our supply node and strengthen our presence in the global LNG market," he said.
The collaboration is expected to enhance strategic energy cooperation, support regional energy security and reinforce Commonwealth LNG's role as a reliable player in the global LNG landscape.
The Commonwealth LNG facility is expected to begin operations later this decade.
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