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Petronas LNG, a part of Petronas, and MISC recently signed the agreement, according to a Petronas statement on Tuesday.
The company did not provide pricing details regarding the charter deal.
This follows the conclusion of shipbuilding contracts between MISC and China’s Hudong-Zhonghua.
MISC first ordered three LNG carriers from Hudong-Zhonghua in January this year, and subsequently added two more vessels.
Petronas said that these vessels will be constructed in Shanghai, China, with charter commencement expected between 2029 and 2030.
The vessels will incorporate “modern and efficiency-driven technologies aligned with evolving environmental and operational standards.”
These include the latest XDF2.1 propulsion technology, shaft generators that enhance fuel efficiency during voyages, and an onboard reliquefaction plant to effectively manage boil-off.
The vessels’ cryogenic tanks will feature GTT’s NO96 Super+ membrane containment system.
MISC will provide project management services throughout the shipbuilding phase, followed by operationalization and ship management of the vessels upon delivery beginning 2029.
“The addition of these new LNG carriers marks another important milestone as we continue leveraging the collective strengths of our businesses to create long-term value across the LNG value chain,” Petronas executive VP and CEO of gas and maritime business, Adif Zulkifli, said.
“By aligning our growth ambitions with MISC’s maritime expertise, we are strengthening the integrated capabilities that support Petronas’ position as a trusted and reliable global LNG supplier,” he said.
In addition to these LNG carriers, MISC recently ordered one floating storage and regasification unit (FSRU) from South Korean shipbuilder Samsung Heavy, marking MISC’s entry into the FSRU segment.
Samsung Heavy will deliver the unit worth $329 million by February 2029.
MISC chartered the newbuild FSRU to Petronas Gas, a unit of Petronas, to serve Malaysia’s third regasification terminal in Lumut, Perak.