Eric Watkins
Senior Correspondent
LOS ANGELES, Mar. 2 -- Malaysia LNG Tiga Sdn. Bhd. (MLNG Tiga), a subsidiary of state-owned Petronas, has signed an agreement to sell Toho Gas Co. Ltd. 520,000 tonnes/year of LNG for 20 years beginning in 2007.
The LNG will come from the Petronas LNG complex in Bintulu, Sarawak. Carriers operated by Petronas subsidiary Malaysia International Shipping Corp. Bhd. (MISC). will ship the LNG to Toho's receiving terminal in Chita, Japan.
Toho currently receives a total of more than 500,000 tonnes/year of LNG under contracts with Malaysia LNG Sdn. Bhd. (MLNG) and MLNG Tiga.
The Bintulu complex has production capacity of 23 million tonnes/year of LNG from the 3-train, 8.1 million tonne/year MLNG plant; the 3-train, 7.8 million tonne/year MLNG Dua plant; and the 2-train, 6.8 million tonne/year MLNG Tiga plant.
Contact Eric Watkins at [email protected].