Malaysia to be LNG import-free nation by 2016
Malaysia will be a liquefied natural gas (LNG) import-free country by
2016 once the Bintulu Floating Liquefied Natural Gas Plant is
operational at full capacity, the Malaysia national news agency
Bernama has said.
Malaysia will be a liquefied natural gas (LNG) import-free country by
2016 once the Bintulu Floating Liquefied Natural Gas Plant is
operational at full capacity, the Malaysia national news agency
Bernama has said.
The news agency cited Ezhar Yazid Jaafar, general manager (Petronas gas and power business, Malaysia gas management) as saying that the 3.6 million tonnes per annum-capacity plant will be able to accommodate Melaka’s Sungai Udang LNG Regassfication Terminal storing capacity of 3.8 million tonnes per annum, which currently came from overseas.
“Currently, we are importing gas from Brunei, Qatar, Nigeria and Norway in on a short-term contract,” he said.
Petronas is supplying over 50 percent of the power generation gas requirement, totalling between 1,250 and 1,300 million standard cubic feet per day.
Yazid said the country's non-dependency on imported LNG will reduce the risk of global LNG price volatility.
He said Petronas is also aiming to maintain Malaysia 's position as the world's third largest LNG supplier by 2020.
Malaysia is in the second spot after gas-rich Qatar.-VNA
The news agency cited Ezhar Yazid Jaafar, general manager (Petronas gas and power business, Malaysia gas management) as saying that the 3.6 million tonnes per annum-capacity plant will be able to accommodate Melaka’s Sungai Udang LNG Regassfication Terminal storing capacity of 3.8 million tonnes per annum, which currently came from overseas.
“Currently, we are importing gas from Brunei, Qatar, Nigeria and Norway in on a short-term contract,” he said.
Petronas is supplying over 50 percent of the power generation gas requirement, totalling between 1,250 and 1,300 million standard cubic feet per day.
Yazid said the country's non-dependency on imported LNG will reduce the risk of global LNG price volatility.
He said Petronas is also aiming to maintain Malaysia 's position as the world's third largest LNG supplier by 2020.
Malaysia is in the second spot after gas-rich Qatar.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
World
ASEAN foreign ministers call for end to Myanmar violence
ASEAN foreign ministers on April 19 issued a statement calling on all parties to immediately cease violence and exercise maximum restraint in the border areas of Myanmar.
World
Indonesia’s Mount Ruang continues to emit ash
After a series of eruptions earlier this week that forced thousands to evacuate, Mount Ruang in North Sulawesi, Indonesia, continued to emit ash on April 19 afternoon.
World
Thailand gives financial support to Laos for road maintenance
The Thai cabinet has approved 1.8 billion THB (about 48.8 million USD) in financial assistance for the Lao Government to maintain and improve Highway R12, shortening the travel time from Thailand’s Nakhon Phanom province, through Laos, to the Vietnamese border in central Quang Binh province.
World
Indonesia develops sustainable tourism
Indonesia has been working to realise its goal of building a quality, sustainable and environmentally friendly tourism industry.
World
Vietnam to have many opportunities from digitalisation, green transformation: IMF
The International Monetary Fund (IMF) has forecasted that Vietnam will have many opportunities from digitalisation and green transformation, according to IMF Asia and Pacific Department Director Krishna Srinivasan.
