Malaysia: Push for liquefied natural gas

November 13, 2012

Dateline 2012-10-14:

As gas consumption levels reach record highs in Malaysia and across the continent, the country is positioning itself as a regional trade centre for liquefied natural gas (LNG).

With a series of capital-intensive LNG investments, Malaysia will likely see a strong increase in LNG import-export volumes for some time to come.

However, muted economic growth in China and India, and with it slowing demand, could limit the country’s ability to export its new LNG production.

Heavy gas subsidies and increasing LNG demand, which has increased from 315 billion cubic feet (cu ft) in 1990 to more than 1,260 cu ft in 2010, a compounded annual growth rate of 7.2 per cent – is expected to result in Malaysia’s consumption rate outstripping production between 2011 and 2016.

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Petronas’ floating LNG project to produce 3.6 million tonnes of LNG

October 20, 2012

Dateline 2012-09-24:

National oil and gas corporation, Petronas’ proposed RM10 billion liquefied natural gas (LNG) processing module, at the Petronas LNG Complex in Bintulu, will produce an additional 3.6 million metric tonnes of LNG per annum.

Petronas Carigali Sarawak Operation head Mohd Nazori Janor said the company was aggressively pursuing the Floating LNG Project, known as Petronas LNG Train 9, offshore Sarawak.

“Petronas will spend about RM300 billion over five years (2012-2017) on enhanced oil recovery, as well as, brown, small and marginal field development in Malaysia to sustain production level and increase resource base, and generate jobs and business opportunities in the oil and gas sector,” he said in a statement.

Upon completion, the Train 9 project will include gas receiving facilities, acid gas removal unit, dehydration and mercury removal unit, fractionation and liquefaction unit, LNG rundown unit and all the associated utilities and facilities.

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Fluor Wins FEED Contract for LNG Terminal in Malaysia

April 24, 2012

Dateline 2012-04-02:

Fluor Corporation announced today following a formal signing ceremony in Kuala Lumpur, Malaysia, that it was awarded a contract by PETRONAS Gas Berhad, a subsidiary of PETRONAS, to provide front-end engineering and design (FEED) services for a new liquefied natural gas (LNG) regasification terminal in Malaysia. The new terminal will supply gas to an adjacent 300-megawatt combined cycle power plant in the town of Lahad Datu, Sabah. Fluor booked the undisclosed contract value in the first quarter of 2012.

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Singapore says LNG imports can replace piped gas supply

March 23, 2012

Guess where the ‘piped gas supply’ comes from? And is this Tan Sri Hassan Merican’s direction?

Dateline 2012-03-05:

Singapore’s new liquefied natural gas (LNG) terminal will be able to handle sufficient imports of the fuel to cover all of the country’s power needs, even if piped gas supply contracts with Malaysia and Indonesia are not renewed, a top energy regulator said on Monday.

Singapore depends on natural gas for around 80 percent of its power generation needs, with the bulk sourced from Indonesia and Malaysia under long-term contracts.

“Supply will come under pressure because of growing domestic gas demand in Malaysia and Indonesia. What we will do is ensure sufficient capacity to import LNG to meet all of our gas demand,” Chee Hong Tat, chief executive of Singapore’s Energy Market Authority, told an industry conference.

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Winds Of Change For Lun Bawang, Thanks To Petronas

December 4, 2011

Dateline 2011-11-21:

The winds of change are bringing greater development to the Lun Bawang, one of Sarawak’s minority ethnic communities, thanks to the 512km Sabah-Sarawak Gas Pipeline project now underway.

The US$500-million project, which spans Malaysia’s two largest states by passing through this remote enclave, will pipe natural gas from the Sabah Oil and Gas Terminal (SOGT) in Kimanis to the Liquefied Natural Gas (LNG) complex in Bintulu.

Alfred Padan, a Lun Bawang community leader, told Bernama of his role in persuading local communities to assist in implementing Malaysia’s largest gas pipeline project undertaken by Petronas, the national oil corporation.

“Initially, the locals were not informed about the objectives of the project and some were opposed to it. But we were soon able to dispel talk that the project would bring more hardship than benefits.

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From Bernama: Sabah-Sarawak Gas Pipeline Akin To PLUS: Don

November 4, 2011

You mean there will be a toll charge, crowded during holidays, and will continuously have repairs that restrict throughput? Jee, I hope they plan to make it six lanes…

Dateline 2010-10-23:

The RM4.6 billion Sabah-Sarawak gas pipeline project linking Kimanis in Sabah and Bintulu in Sarawak, expected to be completed by the end of 2013, will be as successful as the North-South Expressway (PLUS) linking the Peninsular Malaysia states, said a Universiti Putra Malaysia academic.

Faculty of Human Ecology deputy dean Prof Dr Jayum Jawan said the 512km pipeline, which will transport gas from the Sabah Oil and Gas Terminal in Kimanis to customers in Sabah and Petronas’ LNG complex in Bintulu, is the best example of a national project that could bring the people and business communities of Sabah and Sarawak closer to Peninsular Malaysia.

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From Business Times – Malaysia uses 5pc less natural gas in Feb

March 27, 2009

Dateline 2009-03-17 (story link here):

MALAYSIA’S consumption of natural gas declined about 5 per cent last month from a year earlier because of falling demand from power plants, a Petroliam Nasional Bhd official said.

The country burned 2 billion cubic feet a day last year, and the power industry accounts for two-thirds of the usage, Ezhar Jaafar, senior manager for gas business at the state oil and gas company, said at the Gas Asia conference in Kuala Lumpur today.

“The power sector is not taking as much because of the economic slowdown,” Ezhar said.

Malaysia’s slowing economy has curbed the consumption of electricity as offices and factories close down. Analysts at Citigroup Inc and Standard Chartered Plc expect Malaysia to join neighbouring Singapore in a recession this year, with Nomura Holdings Inc predicting a full-year contraction of as much as 4 per cent.Malaysia may have to consider importing gas or liquefied natural gas to meet domestic demand when economic growth picks up, Ezhar said.

Demand for LNG in Asia may drop 7 per cent to 10 per cent this year as countries including Japan and South Korea reduce cargo purchases, Ezhar said.

The cut in long-term contract volumes may force some producers to sell the cargoes at “cheap” prices, he said, without identifying any supplier.

The world’s three biggest LNG producers are Qatar, Malaysia and Indonesia.

LNG is natural gas that has been chilled to liquid form, reducing it to one-six-hundredth of its original volume, for transportation by ship to destinations not connected by pipeline. It’s turned back into gas for distribution to power plants and other buyers. – Bloomberg

You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.

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