Petronas was selected out of 12 short-listed companies.
Deal for 200,000 cubic metre storage unit in Pengerang, Johor.
Some products targeted by China tariffs are already squeezed by the long-running trade war.
Exxon Mobil said last year it would deliver the LNG starting in the early 2020s, while LNG supplies to China would come from its global portfolio.
The US are on course to challenge Qatar as the second-largest exporter of LNG
The first floating LNG Satu is now moored in the Kebabangan cluster field 90km northwest of Kota Kinabalu.
The country is poised to become the biggest exporter of liquefied natural gas to north Asia, but it could also soon be importing LNG as supply sources in its southern states run out.
LNG loadings were briefly disrupted during an investigation into the fire.
Qatar Petroleum announced separately that it was partnering with Italian oil major Eni on three oil fields in Mexico.
KUALA LUMPUR: Petronas, through its subsidiary Petronas LNG Ltd (PLL), has completed its first commercial Gassing Up and Cooling Down (GUCD) services at the...
The ships together carry around a million cubic metres of LNG, worth more than US$200 million at current spot market prices.
The London-listed company said in a statement that its Shell Canada Energy division had given the green light to its investment in the Kitimat LNG joint venture project in British Columbia.
China is allowing greater access by global majors and local independents to its massive chemicals market.
PetroChina would boost buying of spot cargoes from other countries or swap US shipments with other nations in East Asia to avoid paying additional tariffs.
Here is a roundup of China's tariff effects on commodities.
China included LNG for the first time in its list of proposed tariffs on Friday, the same day that its biggest US crude oil buyer, Sinopec, suspended US crude oil imports due to the dispute.
LNG has a seasonal pattern, with the peak price usually occurring in the northern winter, followed by a lower high in summer and troughs in autumn and spring.
LNG imports to Europe are poised to rise almost 20% by 2040 from 2016 levels, according to International Energy Agency.
The action is unmistakable in Kitimat, British Columbia, the Pacific coast city hugging a deep inlet that would be the closest launch point on the continent for LNG cargoes to Asia.
Energy consultancy Wood Mackenzie says LNG demand will remain below 3 million tonnes per annum until 2020.
Chairman Charif Souki said the company expects to start producing liquefied natural gas from its Louisiana project in early 2023.
At the World Gas Conference, LNG executives said that an improved pricing system would facilitate big-ticket investment decisions and stabilise demand.
The investments will be made over five years, some of that will likely go toward lining up gas supplies for the Golden Pass LNG export project in Texas, being developed with Exxon Mobil Corp.
The Commission said it was looking into contract clauses which either prevented or limited the diversion of gas to other destinations.