Petronas inks five-year Taiwan LNG contract

Malaysian energy giant Petronas will supply 2.6m tonnes of LNG to Taiwan’s CPC Corporation for a period of six years.

"The volume, which will ship from the Petronas LNG Complex in Bintulu, Sarawak and other supply sources, is to meet the demand and requirements of CPC's customers in Taiwan, primarily the country's power sector," Petronas said.

Petronas began its LNG supply to CPC in 1995 through a 20-year contract for an annual supply of 2.25m tonnes of LNG.