Sabah hosts the only floating LNGs
Published on: Monday, April 15, 2024
By: James Sarda
Text Size:
Muhd Taufik said Petronas would adhere to the call for decarbonisation by reducing emissions and moving away from fossil fuels but in a responsible manner.
Kuala Lumpur: Petronas is currently building its third floating LNG vessel (FLNG) for Sabah, according to the national oil corporation’s President and CEO Tengku Tan Sri Muhammad Taufik Tengku Aziz.
The facility costing RM2 billion is expected to be commissioned in 2027.
Floating LNG vessels are crucial in extracting gas from smaller or deeper waters – and hence difficult – fields. Petronas is the first energy company in the world to produce Liquefied Natural Gas from floating facilities which are more sustainable and economical.
“We are doing one more and its ZLNG. We need to get out the gas. We believe monetising them is the way forward and Petronas is getting noticed for it.
“Our partners want to bring us into their countries knowing we have successfully designed, constructed, operated and now maintained floating LNG ships,” he told Daily Express.
Dear Daily Express reader,
Ever since 1963, before the formation of Malaysia, The Daily Express has kept the public well-informed as well as helped shape Sabah & Labuan's development for 60 years.
By subscribing you are supporting many of our award winning journalists - the first newspaper to win the Prime Minister's award for excellence in Journalism - who work tirelessly to bring you the facts and news that matter.
We are also the only newspaper to achieve a world scoop in the Nick Leeson saga in 1995.
Your subscription helps to hold those in power accountable. Subscribe today to support exclusive, local and independent journalism.
Subscriber Log-in here Subscribe now To unlock this article sign in here
ADVERTISEMENT
|
|
|
|
|
|
|
|
|
|
Top Stories Today
|
|
|
|
|
|
|
|
|
|
National Top Stories
|
|
|
|
|
|
|
|
|
|
