Dateline 2012-02-28:
A swathe of new liquefied natural gas projects and pricing reform are paving the way for major change in the nation’s gas sector. Damon Evans reports from Kuala Lumpur
Malaysia, the world’s third-largest exporter of liquefied natural gas (LNG), will soon reach a pivotal point in the evolution of its gas industry. State-run Petronas is on track to operate the country’s first floating LNG (FLNG) export unit in 2015, Malaysia will import its first LNG cargoes this year in an effort to avert a gas-supply crunch and, perhaps most crucially of all, the nation is struggling to push through gas-pricing reform. And, amidst this rapidly changing backdrop, Malaysia aims to expand its 24 million tonne per year (t/y) LNG export complex. Just what does the future hold for the Southeast Asian nation’s gas game? As Malaysia gets ready to open the doors to its maiden 3.8 million tonne a year (t/y) LNG import terminal in the central state of Melaka this August, the big question revolves around the domestic appetite for market priced gas – roughly three to four…
Wata - Malaysian Oil and Gas Engineer 