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Qatar’s Golden Pass dilemma
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
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The QatarEnergy stand at LNG2026
LNG
Paul Hickin,
Editor-in-chief
13 February 2026
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QatarEnergy and Petronas in historic deal

The Middle Eastern gas giant and Asian energy heavyweight ink a 20-year landmark LNG agreement at LNG2026 in a significant step towards strengthening global energy partnership

QatarEnergy and Petronas have signed a landmark 20-year sales-and-purchase agreement (SPA) for the supply of LNG to Malaysia. The agreement, announced during a special ceremony in Doha on the sidelines of LNG2026, marks the first long term LNG deal between the two energy powerhouses. Under the terms of the SPA, QatarEnergy will deliver 2mt/yr of LNG to Malaysia beginning in 2028. The deal was formalised by His Excellency Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, and President and CEO of QatarEnergy, with Petronas President and Group CEO Tengku Muhammad Taufik. This deal represents more than just a commercial transaction; it underscores the deepening relationship between Qa

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