Adam Azhar
Commercial Roles In LNG Business
Summary
Results-driven energy professional with strong expertise in LNG commercial structuring, marketing and trading, and mergers & acquisitions.
Combining commercial acumen with strategic thinking, in bringing a holistic view across the LNG value chain—from upstream to downstream, project development to trading.
Passionate about growing talent and guiding teams through the evolving global LNG landscape.
Overview
13
13
years of professional experience
Work History
Commercial Manager, LNG Project
PETRONAS
08.2022 - Current
- Developed the business model, commercial structure, and contractual framework for a new LNG project, forming the core of the proposal submitted for Final Investment Decision (FID) approval.
- Developed project economics for a new LNG project by conducting comprehensive sensitivity analyses and price scenario simulations across key variables—such as gas prices, capital costs, and operational assumptions.
- Negotiated and developed the Gas Sales Agreement (GSA) and LNG Sale and Purchase Agreement (SPA) contracts based on agreed project FID parameters.
- Led the finalization of key commercial terms for project auxiliary agreements, including the Power Purchase Agreement, Land lease Agreement and Facilities Sharing Agreement.
Senior Executive, Merger and Acquisitions
Petronas
06.2018 - 07.2022
- Conducted valuations and financial modeling to evaluate acquisition targets aligned with strategic goals.
- Coordinated due diligence across legal, finance, and technical teams to identify risks and opportunities.
- Led negotiations of Sale and Purchase Agreements (SPA) and Shareholders’ Agreements (SHA) to secure favorable transaction terms.
- Collaborated with stakeholders and advisors to ensure smooth deal execution and integration.
Executive, LNG Marketing – Japan Market
PETRONAS LNG Ltd.
03.2014 - 05.2018
- Deal team for negotiating and conclude long-term LNG supply contracts with Japanese LNG buyers.
- Structured and negotiated key commercial terms (HOA,MSPA, CN) and managed full contract lifecycle, including Confidentiality Agreements and other key documentation.
- Developed LNG pricing strategies using JCC, Henry Hub, JKM, JLC, and hybrid indices to maximize value in a dynamic global market.
- Participated in pricing reviews and contract renegotiation, leveraging deep market analysis to support strategic decisions.
Executive, Procurement Governance
Malaysia Petroleum Management
04.2012 - 02.2014
Education
BTech (Hons) - Information and Communication Technology
Universiti Teknologi PETRONAS
01-2011
Science Stream
Sekolah Tuanku Abdul Rahman (STAR)
Ipoh, Perak, Malaysia01-2006
Skills
Marketing and Trading
Commercial Negotiation
Contract Development
Business Development
Economic Valuation
Stakeholder Management
LNG Pricing Analysis
Project Management
References
Ezran, Mahadzir, CEO, PIL, ezran@petronas.com, +6012 – 3278875
Timeline
Commercial Manager, LNG Project
PETRONAS
08.2022 - Current
Senior Executive, Merger and Acquisitions
Petronas
06.2018 - 07.2022
Executive, LNG Marketing – Japan Market
PETRONAS LNG Ltd.
03.2014 - 05.2018
Executive, Procurement Governance
Malaysia Petroleum Management
04.2012 - 02.2014
BTech (Hons) - Information and Communication Technology
Universiti Teknologi PETRONAS
Science Stream
Sekolah Tuanku Abdul Rahman (STAR)