PETRONAS And Commonwealth LNG Sign 20-Year Agreement For Sustainable LNG Supply

KUALA LUMPUR, June 17 (Bernama) -- PETRONAS through its subsidiary PETRONAS LNG Ltd. has entered a Liquefied Natural Gas (LNG) Sale and Purchase Agreement with Commonwealth LNG, LLC (Commonwealth LNG) marking a key milestone in its strategy to diversify its LNG portfolio through long-term supply from the United States.

Under the SPA, PETRONAS is purchasing one million tonnes per annum (MTPA) LNG from Commonwealth LNG for a period of 20 years from Commonwealth’s 9.5 mtpa facility currently under development in Cameron, Louisiana.