JERA to buy around 2mtpa of LNG from Petronas in 20-year deal
Under the SPA, most LNG will be sourced from Malaysia, which is already Japan’s second-largest LNG supplier.
11 June 2026
11 June 2026
Under the SPA, most LNG will be sourced from Malaysia, which is already Japan’s second-largest LNG supplier.
At 07:02 GMT on 11 June, Brent crude was up $0.80 at $93.18/bbl, while WTI had increased by $0.25 to $90.28/bbl.
The deal involves an upfront payment of $554m (£414.1m) at completion, subject to customary conditions.
The Italian oilfield services provider will carry out EPC activities.
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