Woodside Energy (Woodside) and Petronas, through its subsidiary Petronas LNG Ltd. (PLL), have signed a non-binding Heads of Agreement (HOA) for the supply of 1 MMPTA of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years. The LNG will be supplied from Woodside’s global portfolio.
“This agreement marks the beginning of a new era of collaboration between Woodside and Petronas and is an important step towards what would be our first long-term LNG sales to Malaysia,” said Woodside Executive Vice President and Chief Commercial Officer Mark Abbotsford. “It reflects the value global buyers see in Woodside’s Louisiana LNG project and our reputation as a safe and a reliable supplier of energy to Asia.”
Woodside and Petronas share a long-standing relationship, having previously cooperated on exploration studies and research and development initiatives along with both spot and mid-term LNG sales and purchases.
