Overview
- Japan’s JERA signed a 27-year agreement for up to 3 million tons of LNG per year from Qatar, with deliveries scheduled to begin in 2028.
- Malaysia’s Petronas concluded a 20-year contract for 2 million tons per year starting in 2028, marking the first long-term LNG supply arrangement between the two companies.
- QatarEnergy also signed an MoU with Japan’s METI and JERA to provide supplemental LNG during emergencies and to establish consultation mechanisms for crisis response.
- Qatar’s North Field expansion is slated to deliver first LNG in the second half of 2026 and lift output toward about 126 million tons per year by 2027, underpinning the new long-term sales.
- The moves reinforce Qatar’s position in Asian markets as Japanese utilities diversify for data center and AI demand and Petronas seeks imports to offset dwindling domestic gas reserves.