What are the key terms of the LNG supply deal between Petronas and JERA?

Petronas will supply JERA with 2 million tons of liquefied natural gas (LNG) per annum under a 20-year agreement beginning in 2028.

Why is this LNG deal significant for Japan's energy strategy, according to Japanese Prime Minister Sanae Takaichi?

According to Prime Minister Sanae Takaichi, the deal is significant because cooperation with Malaysia—a stable supplier of LNG—is becoming increasingly important amid growing uncertainty in the international energy situation, particularly as Japan seeks to bolster its energy reserves in response to a global LNG crunch linked to the war in Iran.

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

Jun 9, 2026

Petronas will supply JERA with 2 million tons of LNG annually for 20 years starting in 2028 to bolster energy reserves amid global uncertainty. The agreement also includes cooperation on fertilizer feedstocks and critical mineral supply chains.

reuters

2026-05-21

Indonesia, Malaysia Approve Asset Transfers to New Eni-Petronas JV, Says Petronas Exec

2026-05-27

Eni-Petronas JV seen reaching $2.7 billion net income in 2030, Italian daily reports

2026-06-08

Eni and Petronas launch gas joint venture in Southeast Asia

2026-06-09

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

2026-06-12

Eni and Petronas Establish Joint Venture Company Searah