Petronas and PTT secure new gas contract

Petronas and PTT units have secured approval from Malaysia and Thailand for a new production sharing contract covering Block A-18. The agreement extends resource development beyond 2029 and supports continued gas supplies to both nations.

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Petronas President and Group CEO Tengku Muhammad Taufik speaks during a session at Gastech Bangkok 2026, in Bangkok, Thailand, September 14, 2026. REUTERS/Chalinee Thirasupa

Malaysia and Thailand approved a 35-year production sharing contract for Block A-18, securing 700 million cubic feet per day of Natural Gas.

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