Petronas LNG signs SPA with Korea Midland Power

Petronas LNG signs SPA with Korea Midland Power

The Edge Markets - Malaysia·2019-10-09 13:24

KUALA LUMPUR (Oct 9): Petroliam Nasional Bhd (Petronas) through its subsidiary Petronas LNG Ltd (PLL) has signed a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Korea Midland Power Co Ltd (KOMIPO).

Petronas said in a statement today that under the SPA, KOMIPO has agreed to purchase approximately 0.24 million tonnes per annum of LNG from PLL on a delivery ex-ship basis for five years, beginning 2020.

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