MGA welcomes industry’s first third-party LNG cargo

December 10, 2019

Dateline 2019-10-10, Hellenic Shipping News:

The Malaysian Gas Association (MGA), the nation’s lead advocate for the local gas industry, welcomed the delivery of the first third party liquefied natural gas (LNG) cargo, a testament that the natural gas market reforms in Malaysia remain on track to ensure sustainability of the industry.

The regasification terminal at Sungai Udang in Melaka received the cargo on October 7, – the first since the Third Party Access (TPA) came into force, said MGA in a statement today.

It said the first third party LNG cargo proved that Malaysia is on course to a transition towards a vibrant and sustainable gas market.

“Efforts must also be focused on increasing demand for gas within the country. Higher demand will create more opportunities for third party to enter the market and spur investment to develop upstream indigenous gas that will further strengthen the long-term security of supply.

MGA welcomes positive development on TPA for natural gas

December 1, 2019

Dateline 2019-10-03 NST:

Malaysian Gas Association (MGA) says the delivery of the first TPA (third-party access) liquefied natural gas (LNG) cargo next week will mark an important milestone in the gas market reforms that started in 2013.

That year, the first regasification terminal began operating in Sungai Udang, Melaka, enabling LNG importation.

“We welcome the agreement between Tenaga Nasional Bhd (TNB) and Shell Malaysia Trading Sdn Bhd for a trial third party cargo – the first since the TPA came into force,’ it said in a statement today.

MGA said the Gas Supply (Amendment) Act 2016, which is in operation since January 2017, allows third parties to sell gas, thus offer options to gas users, which works in the best interests of the consumers.

Delay in operations of Petronas’ regasification terminal in Malacca

November 20, 2012

Inside gossip says that the original schedule was unrealistic anyway, so I guess the ‘delay’ is of interest to those who aren’t into reading inside-baseball analysis.

Dateline 2012-10-30:

 The commercialisation of Petronas Gas Bhd‘s liquefied natural gas (LNG) regasification terminal (RGT) in Sungai Udang, Malacca may be postponed to early next year due to the delay in engineering, procurement and construction (EPC) .

“We gather from various industry sources including the contractors that the RGT could be operational by end-Jan 2013 instead of end-2012.

“This is a one-month delay versus Petronas Gas’s guidance of end-2012 and a five-month delay from the initial start date of Aug 2012.

“We believe that the delays are not due to Malaysia’s regulatory reforms but the result of EPC challenges,” CIMB Research said.

Malaysia’s First LNG Re-gasification Terminal Reaches Mechanical Completion Stage

June 30, 2012

First? You mean there’s a second?

Dateline 2012-06-04:

Malaysia’s first liquefied natural gas (LNG) re-gasification facility, developed by Petronas gas processing and transmission arm, Petronas Gas Bhd (PGB), has reached mechanical completion stage.

In a statement today, PGB said it was currently progressing ahead with the preparation to commission the project for commercial operation scheduled for August.

The project, known as Re-gasification Terminal, is located in Sungai Udang, Melaka.

PetGas LNG regasification terminal draws interest

June 29, 2012

Dateline 2012-06-01:

A number of companies have expressed interest in using the Petronas Gas Bhd liquefied natural gas (LNG) regasification terminal in Sungai Udang.

Samsudin: ‘We have been approached by a few of them verbally and some have written to us to express interest to use the LNG regasification terminal.’

Petronas Gas managing director and chief executive officer Samsudin Miskon said at a media briefing that the company was in talks with several parties that were interested in using facility.