March 8, 2023
Dateline 2022-12-27, The Edge:
Petroliam Nasional Bhd (Petronas) has reached the final investment decision (FID) for a near-shore liquefied natural gas (LNG) facility in Sabah.
The engineering, procurement, construction and commissioning (EPCC) contract for the project was awarded to the winner of the dual-front-end engineering design competition in October last year.
Sabah Chief Minister Datuk Seri Hajiji Noor said the LNG project is a step in the right direction, as the state government continues to pursue more deals to get additional revenue via equity participation for Sabah.
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Posted by Wata
January 10, 2023
Dateline 2022-10-10, Reuters:
Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline leak, trade sources said on Friday.
Malaysia LNG, majority owned by Petronas, declared force majeure on LNG supplies to its customers due to a leak on the Sabah-Sarawak Gas Pipeline on Sept. 21, a Mitsubishi Corp (8058.T) spokesperson said on Thursday.
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Posted by Wata
January 6, 2023
Historical, don’t sell your shares.
Dateline 2022-10-07, Nasdaq:
Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline leak, trade sources said on Friday.
Malaysia LNG, majority owned by Petronas, declared force majeure on LNG supplies to its customers due to a leak on the Sabah-Sarawak Gas Pipeline on Sept. 21, a Mitsubishi Corp 8058.T spokesperson said on Thursday.
This came after Petronas declared force majeure on gas supplies to Malaysia LNG, in which Mitsubishi also owns a stake.
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Posted by Wata
November 5, 2021
Dateline 2021-10-30, The Edge:
The Sabah state cabinet has endorsed the building of Sabah’s first nearshore liquefied natural gas (LNG) facility by national oil company Petronas at the Sipitang Oil and Gas Industrial Park (SOGIP), said Chief Minister Datuk Hajiji Noor.
He said the LNG project, subject to a “final investment decision” in 2022, is a step in the right direction, as the state government continues to pursue more deals to get additional revenue via equity participation.
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Posted by Wata
October 25, 2021
Dateline 2021-10-01, Capital.com.
Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas major Petronas, signed an agreement with China’s Shenergy Group for the delivery of carbon-neutral liquefied natural gas (LNG) cargoes from Petronas LNG Complex in Bintulu, Sarawak, Petronas, according to its statement on Thursday.
The deal is the oil giant’s first delivery of carbon-neutral super-chilled gas to China. The firm would deliver the cargoes to Shenergy’s terminals in Shanghai between October 2021 and March 2022, the company release added.
Last month, Petronas shipped its first carbon-neutral LNG cargo to Japan.
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Posted by Wata
September 20, 2021
Dateline 2021-08-30, Energy Voice:
Shell and its partners, Petronas Carigali and Brunei Energy Exploration, have taken a final investment decision (FID) on the Timi sweet gas development offshore Malaysia that will help boost the country’s liquefied natural gas (LNG) exports. Significantly, Shell said the development marks its first offshore wellhead platform to be powered by solar and wind in Malaysia.
The Timi field is about 200 kms off the coast of Sarawak and its development is designed to pump up to 50,000 barrels of oil equivalent per day (boe/d) at peak production, Shell said today. Shell said it will evacuate its gas to the F23 production hub via an 80 km pipeline while supporting the future growth in the central Luconia area, off the coast of Sarawak.
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Posted by Wata
September 16, 2021
Dateline 2021-08-18, Energy Voice:
Malaysia’s Petronas has delivered its first ‘carbon neutral liquefied natural gas (LNG)’ cargo from its Bintulu export complex to Japanese utility Shikoku Electric at the Sakaide import terminal in Shikoku Island. Although question marks remain around whether the industry can really make LNG carbon neutral.
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Posted by Wata
December 8, 2020
Datline 2020-11-11, Manifold Times (I tell you, the names people are coming up with. Welcome to the Penyu Times):
Malaysian oil and gas company Petroliam Nasional Berhad (Petronas), on Tuesday (9 November) reportedly performed its first liquified natural gas (LNG) bunkering operation south of Pasir Gudang Port, Johor.
The bunkering operation marks the company’s venture into LNG bunkering in the region.
The project was developed jointly with the government through the Ministry of Transport, and the Marine Department Malaysia (JLM) since 2017 to install the necessary infrastructure needed for LNG bunker supply.
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Posted by Wata
December 6, 2020
Dateline 2020-11-09, Energy Voice:
The Petronas-operated Bintulu LNG export complex, in the eastern Malaysian state of Sarawak, desperately needs new gas supplies to maintain its exports in the near-to-medium term, as legacy fields mature.
Moreover, recent news that the fast-track schedule for PTTEP’s giant Lang Lebah field development appears to be slipping, does not bode well for the 29.3 million tonne per year LNG export facility, which is one of the world’s largest.
Thai upstream player PTTEP said on 5 November that it only expects to take a final investment decision (FID) for its proposed giant sour gas field in 2022. Initially, FID was targeted by 2021, after the field was discovered in 2019. Further slippage is possible.
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Posted by Wata
October 13, 2020
Dateline 2020-09-09, Hydrocarbons Technology:
Oil and gas firm Petroliam Nasional Berhad (PETRONAS) has launched its liquefied natural gas (LNG) virtual pipeline system (VPS) via its regasification terminal in Pengerang in the Malaysian state of Johor.
The project, which is the company’s latest customer-centric solution, aims at facilitating the growth of cleaner energy use across Peninsular Malaysia.
Developed by the Gas and New Energy business Gas & Power and marketed by Petronas Dagangan Berhad, the VPS solution delivers LNG using trucks equipped with cryogenic tanks to off-grid customers.
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Posted by Wata
Wata - Malaysian Oil and Gas Engineer 