PETRONAS delivers first LNG to Japan’s Hokuriku Electric Power Company (Hokuriku Electric)

Posted On April 16th, 2018 - 2:18 pm | by Oil and gas press

PETRONAS through its subsidiary, Malaysia LNG Sdn Bhd (MLNG) successfully delivered its first liquefied natural gas (LNG) to Japan’s Hokuriku Electric Power Company (Hokuriku Electric) on 17 March 2018.

The delivery marks the beginning of MLNG’s supply to Hokuriku Electric via a Sale and Purchase agreement (SPA) signed on 6 December 2016.

Under the terms of the agreement, PETRONAS through MLNG will supply up to six cargoes of LNG per year for 10 years.

The cargo was delivered from PETRONAS LNG Complex in Bintulu, Sarawak to Toyama-Shinko Terminal by Seri Amanah, the LNG vessel chartered by MLNG and operated by PETRONAS’ subsidiary MISC Bhd (MISC).

PETRONAS Vice President of LNG Marketing & Trading, Ahmad Adly Alias and President of Hokuriku Electric, Yutaka Kanai attended the commissioning cargo ceremony at the Toyama-Shinko Terminal, Japan.

Source / More: PETRONAS

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