Petronas delivers 1st LNG cargo to Hokuriku Electric

By TMR / Pic By BLOOMBERG

MALAYSIA LNG Sdn Bhd (MLNG), a subsidiary of Petroliam Nasional Bhd (Petronas), has supplied its first liquefied natural gas (LNG) delivery to Japan’s Hokuriku Electric Power Co on March 17.

The LNG vessel, chartered by MLNG and operated by MISC Bhd, has delivered the cargo from Petronas LNG Complex in Bintulu, Sarawak, to Toyama-Shinko Terminal in Japan.

Under the sale and purchase agreement signed on Dec 6, 2016, Petronas through MLNG will supply up to six cargoes of LNG per year for 10 years.

Petronas LNG marketing and trading VP Ahmad Adly Alias said the collaboration to customise the LNG vessels has contributed to meet the delivery requirements and efficient supply.

The nine-train facility operated by MLNG has a combined annual production capacity of about 30 million tonnes.

Hokuriku Electric is a power utility company which provides supply of electricity to the Hokuriku region.

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