Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has struck a multi-year charter with Petronas LNG Ltd. (PLL), a subsidiary of Petronas, for five newbuild liquefied natural gas (LNG) carriers (LNGCs).
Illustration; Courtesy of Petronas
PLL has signed a 20-year time charter agreement with MISC for five newbuild 174,000-cbm LNG carriers, which will be constructed in Shanghai, China, with charter commencement expected between 2029 and 2030. This move is perceived to reinforce Petronas’ long-term LNG supply reliability, while supporting customers’ energy transition towards a lower-carbon future.
The deal was signed by Ezran Mahadzir, Chief Executive Officer of Petronas LNG, and
