Petronas in talks to supply LNG to Philippines
Petronas is in direct talks with Philippine buyers over LNG supplies, according to The Philippine Star. The discussions occur as the Philippines faces tight power supply and global energy market turbulence from Middle East conflict. Petronas has already sent spot LNG cargoes to Manila from Bintulu, and its CEO said discussions are ongoing.
Why it matters: This illustrates energy security concerns in Southeast Asia as buyers seek alternatives to coal amid supply disruptions.