12 hours ago
- Business
- New Straits Times
Petronas, Japan's JERA expand long-standing partnership, focus on clean energy
KUALA LUMPUR: Petroleum Nasional Bhd (Petronas) has signed a memorandum of understanding (MoU) with Japan's largest power generation company, JERA to expand their collaboration across the gas value chain.
Under the MoU, Petronas said the national oil company will provide reliable liquefied natural gas (LNG) supply for Japan.
"The agreement builds upon Petronas and JERA's long-established partnership since 1983," it said in a statement today.
The MoU was signed between EVP Gas & Maritime Business Datuk Adif Zulkifli and JERA senior managing executive officer and chief low carbon officer Ryosuke Tsugaru during Energy Asia 2025.
Petronas has been delivering LNG to Japan for over four decades and is committed to continue meeting customer needs with reliable delivery of LNG.
JERA has been purchasing LNG from Malaysia and other countries and securing stable energy supply for the customers.
As long-term partners, Petronas and JERA are mutually committed to meet market demands with lower-carbon energy solutions.
The companies will continue to explore initiatives aligned with this shared goal as part of both organisation's broader decarbonisation strategy.
