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Petronas and Hokkaido Electric sign LNG supply deal

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LNG Industry,

Reuters are reporting that Malaysian state-owned oil company Petroliam Nasional Bhd (Petronas) has signed an agreement to supply LNG to Japan's Hokkaido Electric Power Company for ten years.

Under the agreement, signed through Petronas' subsidiary Malaysia LNG Sdn Bhd, Petronas will deliver up to 130 000 tpy of LNG to Hokkaido Electric.

Malaysia LNG operates Petronas' Bintulu LNG complex in the East Malaysian state of Sarawak.

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