Petronas Shipped First Cargo from LNG Canada to Japan
SEATTLE (Oil Monster): Petroliam Nasional Berhad (PETRONAS) announced that it has achieved a major milestone by successfully shipping its first liquefied natural gas (LNG) cargo from the newly operational LNG Canada facility in Kitimat, British Columbia (B.C.), Canada. The shipment departed for Japan aboard the 174,000-cbm Puteri Sejinjang LNG vessel.
The milestone shipment reinforces the position of PETRONAS as a reliable LNG supplier. LNG Canada is a strategic addition to its growing global network of supply nodes. It is strategically located on Canada’s west coast and enjoys seamless connection with the company’s upstream gas assets in Northeast B.C region. Moreover, it offers a direct and efficient shipping corridor to key North Asian markets including Japan, South Korea and China.
LNG Canada is designated as one of the world’s lowest-emissions LNG export facilities. Its GHG intensity is approximately 35% lower than the world’s existing best-performing LNG plants.
PETRONAS owns 25% stake in the project, whose majority owner is Shell plc, which has a 40% interest. Japan’s Mitsubishi Corp. and China’s state-backed PetroChina Co. Ltd. each own 15%. Also, Korea Gas Corp. holds a 5% stake.
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