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Signing of Memorandum of Cooperation with Malaysia's Petronas

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JOGMEC signed a Memorandum of Cooperation with Malaysia's Petronas on March 27, 2026, to expand their partnership. The agreement secures stable LNG supply and advances collaboration in decarbonization areas such as CCS, hydrogen, and greenhouse gas emission reduction.

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Frequently Asked Questions

Q: What is the main content of the Memorandum of Cooperation (MoC) between JOGMEC and Petronas?
A: In addition to ensuring stable LNG supply, it includes cooperation in CCS, hydrogen, and strengthening collaboration to reduce greenhouse gas emissions such as methane in energy networks.
Q: What role does Malaysia play in Japan's energy sector?
A: Malaysia has been a reliable LNG supplier since the 1980s and is now Japan's second-largest LNG import source, making it an extremely important partner.
Q: How does this partnership contribute to decarbonization?
A: By jointly advancing cross-border CO2 transport and storage (CCS), hydrogen utilization, and reducing methane emissions, which have a significant greenhouse effect, it contributes to achieving carbon neutrality in the Asia region.