Petronas deepens LNG ties with CNOOC in long-term supply agreement
Petronas has strengthened its position in the Asian liquefied natural gas market after signing a long-term LNG supply agreement with China National Offshore Oil Company (CNOOC), underscoring the continued importance of gas in the region’s energy transition. Under the purchase and sale agreement, Petronas LNG Ltd. will deliver 1.0 million tonnes per annum (MTPA) of…