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.
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.
June 30, 2012
First? You mean there’s a second?
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.
June 29, 2012
A number of companies have expressed interest in using the Petronas Gas Bhd liquefied natural gas (LNG) regasification terminal in Sungai Udang.
‘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.