Malaysia’s national oil and gas company Petronas has boosted its global liquefied natural gas portfolio with the purchase of long-term volumes from Venture Global’s Plaquemines project in the US.

Petronas and Venture Global signed a sales and purchase agreement covering the supply of 1 million tonnes per annum of LNG over a 20-year term.

“Petronas looks forward to the long-term LNG partnership with Venture Global which will support the growth and accessibility of natural gas,” said Petronas vice president of LNG marketing and trading, Shamsairi Ibrahim.