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SKE signs gas sales deal with Petronas
Published on: Tuesday, June 28, 2016
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Kuala Lumpur: SapuraKencana Energy Sarawak Inc (SKE) has signed the SK310 upstream gas sales agreement in relation to the gas production from the B15 gas field with Petroliam Nasional Bhd (Petronas) as buyers and SK310 production-sharing contract (PSC) contractors as sellers.In a statement Monday, SapuraKencana Petroleum Bhd (SKPB) said Petronas awarded the block to its unit, SKE, on June 17, 2008.

SKE has participating interest of 30 per cent in the gas field, Petronas Carigali Sdn Bhd, 40 per cent and Mitsubishi Corp's unit, Diamond Energy Sarawak Sdn Bhd, 30 per cent.

"The SK310 upstream gas sales agreement marks SKE's first participation in a gas sales agreement for East Malaysia," said SKPB President/Group Chief Executive Officer, Tan Sri Shahril Shamsuddin.

The B15 Gas Field was discovered in December 2010. The development will comprise a central processing platform with a 35km gas evacuation pipeline to be tied into the existing infrastructure.

The gas field will deliver gas to the Malaysia liquefied natural gas complex in Bintulu, Sarawak with first delivery targeted to be in the fourth quarter of 2017. – Bernama





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