Malaysia’s TNB, Petronas to build gas plant, LNG terminal


Dateline 2012-02-01:

Malaysia’s national power producer Tenaga Nasional Bhd and state oil firm Petronas will invest in a 2 billion ringgit ($657.46 million) gas plant and liquefied natural gas (LNG) terminal in Borneo island, the Star reported on Thursday.

The Star cited outgoing Tenaga Chief Executive Che Khalib Mohammad Noh as saying the 300 megawatts (MW) and LNG terminal in Malaysian state of Sabah will be operational by 2015.

The Malaysian states in Borneo island often suffer frequent electricity disruptions as there is not enough power supply generation.

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This entry was posted on Sunday, February 5th, 2012 at 6:00 am and is filed under business opportunity, Malaysia, oil and gas. 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.

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