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2 clusters · 4 sources · 15 days · First seen 24 days ago · Last updated 10 days ago

Petronas energy and gas supply agreements

Overview

Petronas has entered into several strategic energy agreements. In the Malaysia-Thailand Joint Development Area, Petronas Carigali’s PC JDA and PTTEP subsidiaries signed a 35-year production sharing contract for Block A-18-01. This agreement, effective January 1, 2026, includes a gas sales agreement to split natural gas output equally between Thailand and Malaysia.

Separately, PETRONAS LNG Ltd. signed a Master Sales and Purchase Agreement with the Japan Organization for Metals and Energy Security (JOGMEC). This framework is intended to ensure a stable supply of liquefied natural gas (LNG) to Japan during emergencies, reinforcing Petronas’s role as a long-term supplier to the Japanese market.

Entities

Petronas · Japan Organization for Metals and Energy Security · Malaysia-Thailand Joint Development Area · PTTEP · PTT Public Company Limited

Timeline

10 days ago

[BUSINESS] 2 sources
PETRONAS and JOGMEC sign LNG agreement to bolster Japan energy security
PETRONAS and JOGMEC have signed a Master Sales and Purchase Agreement to ensure stable LNG supplies for Japan during emergencies, strengthening energy security between Malaysia and Japan.
24 days ago

[BUSINESS] 2 sources
PTTEP and Petronas sign 35-year gas deals in Malaysia-Thailand area
PTTEP and Petronas have signed 35-year gas production and sales agreements for Block A-18-01 in the Malaysia-Thailand Joint Development Area, effective January 2026.

Sources

aogdigital.com · oedigital.com · offshoresource.com · prtimes.jp