Petronas LNG news

Petronas confirms that its LNG cargo deliveries have not been affected by the gas leak at its Sarawak pipeline.

Petronas has released results for Q3.

Petronas LNG have signed a MOA with Bintulu Port for the provision of marine services to support PLL’s GUCD services.

A subsidiary of Petronas has signed a Heads of Agreement with Jera Co., Inc. to supply up to approximately 2.5 million tpy of LNG for a period of three years.

PETRONAS has urged producers and consumers of LNG to collaborate towards encouraging growth and sustainability of the industry.    

Rising LNG production over the last two years has exceeded demand and depressed prices.

According to Reuters, Malaysia’s Sarawak state government is in talks with Petronas to acquire a 10% equity stake in an LNG facility at the company’s complex in Bintulu, Sarawak.

According to Reuters, senior company officials at Petronas have stated that the company may try shorter-term LNG contracts and smaller cargo sizes in order to attract buyers.

According to Reuters, Petronas has announced that its second FLNG unit will be operational in 2020.

Gas from the NC3 field in the SK316 block feeds Malaysia's LNG export project.