{"id":38907,"date":"2026-06-11T12:12:32","date_gmt":"2026-06-11T12:12:32","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/38907\/"},"modified":"2026-06-11T12:12:32","modified_gmt":"2026-06-11T12:12:32","slug":"20-year-lng-deal-between-petronas-and-jera-strengthens-japans-energy-security","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/38907\/","title":{"rendered":"20-year LNG deal between Petronas and JERA strengthens Japan\u2019s energy security"},"content":{"rendered":"<p>Malaysia\u2019s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan\u2019s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies\u2019 partnership into the 2040s.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"667\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/06\/Petronas-LNG-Complex-at-Bintulu-Sarawak-Source-Petronas-1024x667-1.jpg\" alt=\"Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas\" class=\"wp-image-747387\"  \/>Petronas\u2019 Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas<\/p>\n<p>Petronas, through its wholly owned subsidiary Petronas LNG Ltd. (PLL), and JERA have signed a new long-term supply agreement, which enables the Malaysian player to provide up to approximately 2 million tonnes per annum (mtpa) of LNG over 20 years starting in 2028.<\/p>\n<p>LNG will be delivered using the firm\u2019s new generation of 174,000-cubic-meter LNG carriers, designed to comply with the International Maritime Organization\u2019s enhanced emissions standards, supporting more efficient and lower-emission operations.<\/p>\n<p>The signing of this agreement is perceived to signify the transformation from traditional point-to-point LNG supply agreements to a more flexible LNG supply arrangement, which is interpreted to further underscore Petronas\u2019 position as a reliable LNG supplier through the expansion of its supply capabilities.<\/p>\n<p>The company claims that this deal reinforces its position as a core supplier to Japan, one of the world\u2019s largest LNG importers, and deepens a relationship that dates to 1983, when Malaysia shipped its first LNG cargo to Japan, laying the foundation for an energy partnership that is described as remaining central to the country\u2019s energy security.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/06\/PETRONAS-X-JERA-1024x683.jpg\" alt=\"\" class=\"wp-image-796768\"  \/>From left: Petronas\u2019 Executive Vice President &amp; CEO of Gas &amp; Maritime Business Datuk Adif Zulkifli, Petronas LNG\u2019s CEO Ezran Mahadzir, JERA Executive Officer &amp; Head of LNG Origination Group Seijiro Tamada and JERA Senior Managing Executive Officer &amp; Chief Low Carbon Fuels Officer &amp; Head of LNG Division Ryosuke Tsugaru; Courtesy of Petronas<\/p>\n<p>Datuk Adif Zulkifli, Petronas\u2019 Executive Vice President and Chief Executive Officer of Gas and Maritime Business, commented: \u201cWe value the strong partnership we have built with JERA over the decades, underpinned by mutual trust and a shared focus on reliability. We look forward to building on this foundation as we continue to support Japan\u2019s evolving energy needs.<\/p>\n<p>\u201cIn an increasingly dynamic LNG market shaped by rising demand, supply security concerns, price volatility, and shifting consumption patterns, Petronas remains focused on delivering reliable, and tailored solutions, supporting our partners in strengthening energy security while advancing their transition ambitions.\u201d<\/p>\n<p>Petronas emphasizes that it continues to advance its commercial approach to meet Japan\u2019s evolving requirements in line with the 7th Strategic Energy Plan to ensure stable energy supply, while improving economic efficiency and environmental priorities as demand evolves.<\/p>\n<p>\u201cAs Asia\u2019s demand for cleaner energy continues to grow, Petronas remains committed to delivering reliable LNG from its global portfolio, supporting customers\u2019 energy security today while enabling their pathways towards a lower-carbon future,\u201d highlighted the Malaysian giant.<\/p>\n<p>While Petronas recently <a href=\"https:\/\/www.offshore-energy.biz\/eni-petronas-give-birth-to-southeast-asias-energy-player-with-20-billion-five-year-investment-plan\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">launched<\/a>\u00a0Searah, its new 50\/50 independent joint venture with Eni that combines the duo\u2019s key businesses across Indonesia and Malaysia, JERA lined up multiple LNG supply deals over the past few months, including the one with <a href=\"https:\/\/www.offshore-energy.biz\/multi-year-lng-pacts-strengthen-qatars-bilateral-ties-with-malaysia-and-japan\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">QatarEnergy<\/a>\u00a0in February 2026.<\/p>\n<p>\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/06\/admin-ajax.jpg\" class=\"attachment-large size-large\" alt=\"OE logo\"  \/><\/p>\n<p>Power Your Brand With Offshore Energy \u2935\ufe0f<\/p>\n<p>Take the spotlight and anchor your brand in the heart of the offshore world! <\/p>\n<p>Join us for a bigger impact and amplify your presence at the core hub of the offshore energy community!<\/p>\n","protected":false},"excerpt":{"rendered":"Malaysia\u2019s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with&hellip;\n","protected":false},"author":2,"featured_media":38908,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1710,8,7046,83,6663,28069],"class_list":["post-38907","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-energy-security","tag-japan","tag-jera","tag-lng","tag-malaysia","tag-petronas"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/38907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=38907"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/38907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/38908"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=38907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=38907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=38907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}