PETRONAS signs 20-year LNG supply agreement with QatarEnergy

^{Tan Sri Tengku Muhammad Taufik, President and Group Chief Executive Officer of PETRONAS, and His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, at the signing of the LNG Sale and Purchase Agreement on 3 February 2026.}


KUALA LUMPUR, Feb 4 (Bernama) -- PETRONAS LNG Ltd (PLL), a subsidiary of PETRONAS, has signed a 20-year liquefied natural gas (LNG) Sale and Purchase Agreement (SPA) with QatarEnergy, the first long-term LNG supply agreement between the two companies.
 
Under the SPA, PLL will offtake up to two million tonnes per annum (MTPA) of LNG from QatarEnergy over a period of 20 years. The long-term volumes secured through this agreement will play a critical role in reinforcing Malaysia’s energy supply security, ensuring stable and reliable LNG availability to meet growing demand in Malaysia.  
 
The signing was commemorated by PETRONAS President and Group CEO, Tan Sri Tengku Muhammad Taufik and His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy during a special ceremony held in Doha on the sidelines of the 21st International Conference & Exhibition on Liquefied Natural Gas “LNG2026”.  
 
Tan Sri Tengku Muhammad Taufik said, "This agreement marks an important milestone for PETRONAS in bolstering energy security for those we serve. The supply of LNG through partnerships with industry leading partners such as QatarEnergy complements the cargoes from our LNG heartlands in Malaysia and Canada, diversifying our supply nodes even as PETRONAS unlocks new avenues to derive greater value and efficiency."  
 
This strategic collaboration enhances PETRONAS’ portfolio resilience amid an evolving global energy landscape, while supporting the nation’s economic development and energy transition priorities. It also reflects the shared commitment between PETRONAS and QatarEnergy to deepen cooperation across the LNG value chain towards a future-ready and sustainable gas portfolio.
 
This agreement reflects the continuous efforts of both parties, and the strong foundation built over years of collaboration. It positions the partnership to deliver long-term value and support practical progress towards a more sustainable energy future. 

Issued by:
Media Management, Channels & Media Relations
Group Strategic Relations & Communications
PETRONAS
 
For high resolution photos, please click here:
https://drive.google.com/drive/folders/1m51qRQbSm48RaTl_2oZdXyW1kvH SBPsz?usp=drive_link    

^{Caption Photo 1 & 2: Tan Sri Tengku Muhammad Taufik, President and Group Chief Executive Officer of PETRONAS, and His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, at the signing of the LNG Sale and Purchase Agreement on 3 February 2026.
Photo 3: PETRONAS and QatarEnergy Leadership Team}


SOURCE: Petroliam Nasional Berhad (PETRONAS)
 
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Esha Lim Hwee Nee
Email: eshalim.hweenee@petronas.com
Tel: +6012 412 0117

Name: Nabil Basaruddin 
Email: nabil.basaruddin@petronas.com
Tel: +6012 424 9750

Name: Hana Nazsulaeeqa Harun 
Email: hananazsulaeeqa.haru@petronas.com.my
Tel: +6010 455 3378 

--BERNAMA