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Bangkok Post
Bangkok Post
Business

Malaysia's Petronas signs 20-year LNG supply deal with Japan's JERA

A man arrives at a mosque at the foot of Malaysia's landmark Petronas Twin Towers in Kuala Lumpur on June 23, 2013. (File photo: Reuters)

KUALA ⁠LUMPUR/TOKYO — Malaysian's ​Petronas will supply Japanese utility firm JERA ​with 2 million ‌tonnes of liquefied natural gas (LNG) per annum under a 20-year deal, the leaders of the two countries said on Wednesday.

The agreement, ​which ⁠will begin in 2028, comes as Japan looks to beef up its energy reserves to ‌cope with a global LNG crunch linked to the war in Iran.

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