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

The Star

Petronas will supply Japanese utility firm JERA with 2 million tons of liquefied natural gas (LNG) per annum under a 20-year deal, Prime Minister Datuk Seri Anwar Ibrahim said at a press conference on Wednesday (June 10) following a meeting with his Japanese counterpart Sanae Takaichi.   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  Anwar is on a three-day working visit to Tokyo, where he has been meeting with government and industry officials.  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Dear Prime Minister Takeichi, and thank you on behalf of my delegation for this wonderful and great welcome on your

00:09invitation.

00:10And as you know, once you invite, it's very difficult for us to say no.

00:15Now, your power is an initiative, as much as your Japan's growth strategy is being followed very closely by us,

00:23including the cabinet.

00:24You see how influential you are. We have to deliberate every point you raise so that we are not left

00:32behind.

00:33We understand exactly your power is an initiative.

00:37So, we have just concluded the long-term LNG sales and purchase agreement between Petronas and Gera to supply 2

00:47million tons per annum of LNG for a period of 20 years.

00:53Beginning in 2028, this is a remarkable feat and a success in terms of a trust and collaboration between the

01:03two great friendly countries.

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