Petronas says third floating LNG vessel possible

Dateline 2019-12-02, FMT:

Petroliam Nasional Bhd (Petronas), which is the only company to own and operate two floating liquefied natural gas (LNG) vessels, said a third one is possible if there is a demand.

Petronas’ two floating LNG units are PFLNG Satu and PFLNG Dua.

“If there is a reservoir with a sizeable amount of reserves and the right gas – a composition that it is economically viable – it opens up a case for another floater,” said the company’s Gas and New Energy Business executive vice-president and chief executive officer, Adnan Zainal Abidin.

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