Friday 04/07/2025

KUALA LUMPUR, July 4 (Bernama) -- PETRONAS, through its subsidiary PETRONAS LNG Ltd., has signed a 20-year Sale and Purchase Agreement (SPA) with Venture Global for the supply of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreement, the LNG will be sourced from CP2 LNG Phase 1, Venture Global’s 14.4 MTPA facility currently under development in Cameron Parish, Louisiana, the United States.

This long-term LNG SPA further reinforces PETRONAS’ global LNG portfolio and underscores its commitment to delivering reliable energy supply to meet growing global demand. The collaboration with Venture Global is expected to provide PETRONAS with greater supply agility and flexibility, strengthening PETRONAS’ ability to serve evolving market needs across key regions.

“As energy demand rises and the global LNG landscape evolves, our priority is to provide customers with reliable supply and long-term value. This agreement reflects our ongoing efforts to enhance supply accessibility through strategic industry collaboration, enabling us to respond to dynamic market conditions with greater agility,” said Shamsairi M Ibrahim, Vice President of PETRONAS LNG Marketing and Trading.

About PETRONAS
As a global energy and solutions partner, PETRONAS is driven by its purpose to enrich lives for a sustainable future. With presence in over 100 countries, the group continues expanding its portfolios ranging from conventional and cleaner energy solutions to a diverse range of fuel, lubricants and petrochemical products. While ensuring sustainable practices across its operations, PETRONAS strives to ensure just and equitable outcomes in transitioning to a lower carbon future.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Tunku Putri Nur Asma
Tel: +6012 299 5727
Email: tunkuputrinurasma.t@petronas.com

Name: Anisa Adnin 
Tel: +6013 904 2724
Email: anisaadnin.mohamad@petronas.com

--BERNAMA