LNG: Malaysia’s Petronas Signs Supply Deal with Pembina for Cedar LNG

Nov-05 12:21

Malaysia’s Petronas has agreed to buy 1m mtpa of LNG for 20 years from Canada’s Pembina from the Cedar LNG project, according to a statement cited 

  • Pembina is developing Cedar LNG. The FID on the Cedar LNG project in British Columbia was finalised in June 2024, Bloomberg said.
  • Pembina took 1.5m mtpa of capacity from the project. With 1m mtpa now supplies to Petronas, 0.5m mtpa remains unsold towards the end of 2025.

Historical bullets

EURIBOR OPTIONS: ERH6 98.06/98.12/98.25 Call Fly 2.5K Sold

Oct-06 12:18

ERH6 98.06/98.12/98.25 call fly 2.5K given at 0.25.

EURIBOR OPTIONS: ERH6/ERM6 98.12 Put Calendar Sold

Oct-06 12:18

ERH6/ERM6 98.12 put calendar 5K given at 1.5, selling the M6 to buy the H6.

SOFR OPTIONS: Call Spread buyer

Oct-06 12:15

SFRZ5 96.56/96.62cs, bought for half in 11k.