Latest news with #AdifZulkifli
The Sun
2 days ago
- Business
- The Sun
Petronas ships its first cargo from LNG Canada facility
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has shipped the first liquefied natural gas (LNG) cargo from its newly operational LNG Canada facility in Kitimat, British Columbia, Canada. The company said the shipment departed for Japan on Monday aboard the 174,000-cubic-metre Puteri Sejinjang LNG vessel, marking a significant milestone for Petronas' investment in Canada. 'This milestone reinforces Petronas' position as a reliable LNG supplier, with LNG Canada serving as a strategic addition to its growing global network of supply nodes. 'The innovations enable the facility to operate with a greenhouse gas (GHG) intensity that is approximately 35% lower than the existing best-performing LNG plants around the world, and 60% below the global average, underscoring its steadfast pledge to supplying lower carbon, responsibly sourced LNG,' it said in a statement. Petronas executive vice president and CEO of gas and maritime business, Datuk Adif Zulkifli, said the first cargo 'sail away' is the culmination of years of perseverance to realise our vision for Canadian LNG exports to the Asia Pacific region. 'We are privileged to commemorate this moment with LNG Canada, our other joint venture partners, the Haisla Nation, Kitimat community, and Canadians at large. Petronas is honoured to be a part of this first-of-its-kind project in Canada,' he added. LNG Canada features energy-efficient gas turbines, advanced methane-leak detection and mitigation systems, and power sourced from the BC Hydro grid, predominantly powered by hydroelectric and renewable energy. Petronas said with a 25% equity holding in the project, through its wholly owned entity North Montney LNG Limited Partnership, LNG Canada is a critical component of Petronas' global LNG strategy to diversify its supply portfolio and increase market flexibility. – Bernama
New Straits Times
3 days ago
- Business
- New Straits Times
Petronas ships first LNG cargo from Canada to Japan
KUALA LUMPUR: Petroliam Nasional Berhad (Petronas) has shipped its first liquefied natural gas (LNG) cargo from the newly operational LNG Canada facility in Kitimat, British Columbia, Canada. In a statement, the national oil and gas company said the shipment departed for Japan aboard the 174,000-cubic metre Puteri Sejinjang LNG vessel, marking a significant milestone for Petronas' investment in Canada. Datuk Adif Zulkifli, Petronas executive vice president and chief executive office of gas and maritime business, said the first cargo sail-away marks the culmination of years of perseverance to realise the company's vision for Canadian LNG exports to the Asia Pacific region. "We are privileged to commemorate this moment with LNG Canada, our other joint venture partners, the Haisla Nation, Kitimat community and Canadians at large," he added. Designed to be one of the lowest-emissions LNG export facilities in the world, LNG Canada incorporates energy-efficient gas turbines and advanced systems for detecting and mitigating methane leaks. The facility is also powered by the BC Hydro grid, which is predominantly supplied by hydroelectric and renewable energy. These innovations allow the facility to operate with a greenhouse gas intensity about 35 per cent lower than the best-performing LNG plants globally, and around 60 per cent below the global average. This reflects its firm commitment to delivering lower-carbon, responsibly sourced LNG. The development reinforces Petronas' position as a reliable LNG supplier, with LNG Canada serving as a strategic addition to its growing global network of supply nodes. With a 25 per cent equity holding in the project, through its wholly-owned entity North Montney LNG Limited Partnership, LNG Canada is a critical component of Petronas' global LNG strategy to diversify its supply portfolio and increase market flexibility. Strategically located on Canada's west coast and connected to Petronas' upstream gas assets in Northeast Britsh Columbia, LNG Canada offers a direct and efficient shipping corridor to key North Asian markets including Japan, South Korea and China.
Borneo Post
19-06-2025
- Business
- Borneo Post
Petronas, Kogas sign MOU to drive global energy innovation and sustainability
Photo shows the MOU between Petronas and Kogas, represented by Shamsairi (left), Petronas executive vice president and chief executive officer of gas and maritime, Datuk Adif Zulkifli (middle) and Oh. KUALA LUMPUR (June 19): Petroliam Nasional Bhd (Petronas) and Korea Gas Corporation (Kogas) have strengthened their long-standing partnership with the signing of a memorandum of understanding (MOU) aimed at driving innovation and sustainability within the global energy sector. The MoU not only reinforces Petronas' commitment as a long-term Liquefied Natural Gas (LNG) supplier to Kogas, but also in advancing cleaner energy solutions through opportunities in carbon capture and storage (CCS), renewable energy and hydrogen development to address pressing climate challenges. Vice president of LNG marketing and trading, Shamsairi Mohd Ibrahim said, 'This continued collaboration with Kogas signifies a key milestone in our longstanding partnership and reaffirms our shared commitment in advancing innovative and sustainable energy solutions.' A pivotal advancement in the longstanding partnership established since 1991, Petronas looks forward to driving progress across the energy value chain with Kogas, leveraging their combined expertise to deliver cleaner, more reliable energy to global markets in shaping a low-carbon future. Kogas senior vice president of hydrogen and new business unit, Oh Kwon Taek, also added: 'We hope that today's signing of this MOU will serve as a meaningful milestone, enabling our two companies to combine complementary strengths. 'As we move forward together, we are confident that this partnership will not only contribute to the development of both companies but also play a vital role in promoting sustainable energy solutions.' CCS corporate news oil and gas Petronas renewable energy
Barnama
17-06-2025
- Business
- Barnama
PETRONAS and JERA Reaffirm Longstanding Partnership Towards A Sustainable Energy Future
KUALA LUMPUR, June 17 (Bernama) -- PETRONAS and JERA have agreed to expand their collaboration across the gas value chain with the signing of a Memorandum of Understanding (MoU) including providing reliable LNG supply for Japan. The agreement builds upon PETRONAS and JERA's long-established partnership since 1983. The MoU was signed during Energy Asia 2025, by Datuk Adif Zulkifli, EVP Gas & Maritime Business and Mr. Ryosuke Tsugaru, Senior Managing Executive Officer and Chief Low Carbon Officer, witnessed by PETRONAS President and Group Chief Executive Officer, Tan Sri Tengku Muhammad Taufik, and JERA Global Chief Executive Officer and Chair, Yukio Kani.
New Straits Times
17-06-2025
- Business
- New Straits Times
Petronas, Japan's JERA expand long-standing partnership, focus on clean energy
KUALA LUMPUR: Petroleum Nasional Bhd (Petronas) has signed a memorandum of understanding (MoU) with Japan's largest power generation company, JERA to expand their collaboration across the gas value chain. Under the MoU, Petronas said the national oil company will provide reliable liquefied natural gas (LNG) supply for Japan. "The agreement builds upon Petronas and JERA's long-established partnership since 1983," it said in a statement today. The MoU was signed between EVP Gas & Maritime Business Datuk Adif Zulkifli and JERA senior managing executive officer and chief low carbon officer Ryosuke Tsugaru during Energy Asia 2025. Petronas has been delivering LNG to Japan for over four decades and is committed to continue meeting customer needs with reliable delivery of LNG. JERA has been purchasing LNG from Malaysia and other countries and securing stable energy supply for the customers. As long-term partners, Petronas and JERA are mutually committed to meet market demands with lower-carbon energy solutions. The companies will continue to explore initiatives aligned with this shared goal as part of both organisation's broader decarbonisation strategy.
