Malaysia set to be regional LNG hub


Dateline 2012-09-19:

Malaysia is poised to be the region’s hub for liquefied natural gas (LNG) importation, trading and storage once its LNG regassification terminal in Malacca is ready.

“With the LNG terminal, which will hopefully come on stream in October, we believe that we are poised to be the regional hub for LNG importation, trading and storage,” Minister in the Prime Minister’s Department and Performance Management and Delivery Unit chief executive officer Datuk Seri Idris Jala said.

“A lot of work is also being done in the east (of the country), and I have no doubt in my mind that the plant that the Sipitang Oil and Gas Industrial Park (Sogip) is building in Sabah will also add to the whole array of things happening in the industry,” he said at the inaugural Malaysia Oil and Gas Services Exhibition and Conference 2012 (MOGSEC).

 

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