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PETRONAS and KOMIPO sign 5-year LNG sale and purchase agreement

Last update: 09/10/2019

KUALA LUMPUR, Oct 9 (Bernama) -- Petroliam Nasional Berhad (PETRONAS) through its subsidiary PETRONAS LNG Ltd. (PLL) has entered into a Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Korea Midland Power Co., Ltd. (KOMIPO).

Under the SPA, KOMIPO has agreed to purchase approximately 0.24 million tonnes per annum of LNG from PLL on a Delivery Ex-Ship (DES) basis for 5 years, beginning 2020.

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