From Bloomberg: Petronas, Partners Plan $5 Billion Malaysia Gas Investment to Boost Supply


Dateline 2011-08-23:

Petroliam Nasional Bhd., Malaysia’s state oil and gas company, plans to invest 15 billion ringgit ($5 billion) with partners to develop natural gas fields off the country’s eastern coast in a move to help replenish the Southeast Asian nation’s shrinking energy reserves.

The so-called North Malay Basin project aims to extract gas with high carbon dioxide content from nine discovered fields to help meet rising demand on Peninsular Malaysia, according to a statement today from Petronas, as the company is known. A 200 kilometer-pipeline (124 miles) will be laid to transport the fuel to Kerteh, in Terengganu state, it said.

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This entry was posted on Saturday, September 3rd, 2011 at 6:00 am and is filed under engineering. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to From Bloomberg: Petronas, Partners Plan $5 Billion Malaysia Gas Investment to Boost Supply

  1. JabbatheHutt says:
    September 19, 2011 at 12:51 am

    wow, developing high CO2 gas to boost sales? wonder they know you can’t burn CO2…..

    I think they want to develop Bunga Raya E again (the one that was designed to 48% CO2) and can eject 200MMscfd to the atmosphere.

    Go green! Malaysia boleh

    Reply

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