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Tankers and Gas LNG Malaysia

Petronas and Shenergy sign long-term LNG offtake and shipping tie-up

The duo agree a heads of agreement for 1.5m tonnes per annum of LNG sale and purchase spanning 12 years from 2022. The deal also includes a shipping collaboration and follows Petronas’ third breakbulk ship-to-ship transfer operation in Brunei Bay last October

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The preliminary deal is for 1.5m tonnes per annum of liquefied natural gas to be supplied to the Wuhaogou terminal, which has historically taken in breakbulk cargoes from larger terminals

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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