Petronas to deliver three carbon-neutral LNG cargoes to China’s Shenergy

Malaysian energy giant Petronas said it would supply three carbon-neutral LNG cargoes to China’s Shenergy by March next year.

The firm said in a statement its unit Petronas LNG had signed the deal to deliver the cargoes to Shenergy’s terminals in Shanghai.

Petronas would start the carbon-neutral LNG deliveries in October, its first such LNG supply to China.

Also, it would supply the shipments from its giant 30 mtpa Bintulu LNG complex in Malaysia.

The energy major did not provide any additional information regarding the shipments.

It had delivered its maiden carbon-neutral LNG cargo to Japan’s Shikoku Electric in August, offsetting the estimated carbon footprint of the LNG cargo through renewables-based carbon credits.

In January 2020, Petronas signed a heads of agreement with Shenergy to supply about 1.5 mtpa of LNG to the latter’s Wuhaogou receiving terminal in China.

The LNG supply deal also involved a shipping collaboration to construct and charter new mid-sized LNG vessels as the Wuhaogou terminal can only receive vessels up to 90,000 cbm capacity.

Most Popular

US weekly LNG exports climb to 36 shipments

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending June 17, up two cargoes from the week before, according to the Energy Information Administration.

LNG Canada ships 100th cargo

Shell-led LNG Canada has shipped the 100th cargo of liquefied natural gas from its Kitimat facility on the west coast of Canada.

Vopak, Transnet seek EPC contractor for South African LNG terminal

A joint venture of Dutch terminal operator Vopak and Transnet Pipelines has officially launched its formal expression of interest process to engineering, procurement, and construction (EPC) contractors for the planned LNG import terminal in South Africa’s Richards Bay.

More News Like This

Petronas, Jera seal 20-year LNG SPA

Malaysian energy giant Petronas has signed a long-term LNG sales and purchase deal with Japan's power firm and LNG trader Jera.

Muhibbah bags Malaysian LNG terminal gig

Malaysia's Muhibbah Engineering has secured a contract for Malaysia's first FSRU-based LNG import terminal in Lumut, Perak.

Eni and Petronas form Searah

Italy's Eni and Malaysia's Petronas announced that Searah, a new 50/50 independent joint venture combining key businesses across Indonesia and Malaysia, has been officially established just seven months after the signing of the investment agreement.

Malaysia’s Petronas Gas, Integrax ink pact for new LNG import terminal

Malaysia's Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country's first FSRU-based LNG import terminal in Lumut, Perak.