Petronas ships inaugural cargo from Canada plant: Malaysia’s state-owned oil and gas firm Petronas has shipped its first liquefied natural gas (LNG) cargo from a newly-established facility in Canada to Japan, Reuters reports. An undisclosed volume of LNG departed the Kitimat LNG plant — in which Petronas has a 25% stake — heading to Japan aboard the 174k cm Puteri Sejinjang LNG vessel.

Latest from Petronas: Petronas was set to plug some USD 300 mn alongside Shell in ongoing drilling operations in Egypt’s West Delta Deep Marine concession earlier this year. This followed the company’s 15-year sales and purchase agreement with the UAE’s Adnoc late last year, which will supply the Malaysian company with 1 mn tons of LNG annually from Adnoc’s LNG project in Al Ruwais.

MET amps up its gas storage portfolio: Swiss energy firm MET Group wholly acquired German natural gas storage operator KGE at an undisclosed figure, according to a statement. The move has bolstered MET’s gas storage capacity by 2 TWh across three German facilities. KGE operates a gas cavern storage facility with a 179 mn cmt capacity, which is linked to the Trading Hub Europe market zone.

About MET: Situated in Switzerland, MET Group has presence in over 17 countries through its several subsidiaries, boasts 32 national gas markets, and has 44 international trading hubs. Its portfolio primarily consists of operating green as well as flexible net total trade volume of natural gas amounted to 140 BCM in 2024.

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