Malaysian national oil company, Petroliam Nasional Berhad (PETRONAS) will deliver three carbon neutral liquefied natural gas (LNG) cargo to China’s Shenergy Group from October to March 2022, marking another significant milestone as PETRONAS makes its first ever shipment from PETRONAS LNG Complex in Bintulu, Sarawak to Shenergy’s terminal in Shanghai. This follows, PETRONAS’s first carbon neutral LNG shipment last month. It delivered the cargo on 17th August to Japanese utility Shikoku Electric at Saikade LNG terminal in Japan’s Shikoku island.

“PETRONAS is proud to elevate our 15-year partnership with Shenergy that now includes the supply of carbon neutral LNG, reflecting our commitment in offering decarbonised LNG solutions to the market.  As an integrated energy player, PETRONAS actively seeks collaborations with buyers and end-users to achieve common sustainability goals.”

Shamsairi Ibrahim, PETRONAS Vice President of LNG Marketing & Trading

Shenergy Vice President, Wang Zhehong added in a statement that they are excited to receive PETRONAS’s delivery of carbon neutral LNG to China that aligns with the country’s ambition of hitting peak carbon dioxide emissions by 2030. “This is a meaningful milestone for both our companies in our respective endeavours to be more environmentally conscious and reduce our carbon footprints,” said Wang.

Shenergy remains a major LNG buyer and partner to PETRONAS since 2006 following the first long-term supply agreement with its subsidiary Shanghai LNG Co Ltd. 

PETRONAS continues to focus on expanding its core business by advocating the low-carbon benefits of natural gas in support of the energy transition by utilising cutting edge technologies to ensure sustainable extraction and processing of LNG.

Source:
PETRONAS

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