Malaysian flagship MISC has entered into a binding head of agreement with Pengerang LNG (Two), a subsidiary of Petronas, for the supply, operation, and maintenance of an LNG floating storage unit (FSU) intended to be deployed at the Petronas LNG Regasification Terminal Pengerang (RGTP) in Johor.
This project is a continuation of the collaboration between MISC and PGB in 2012 that brought about the deployment of FSU Tenaga Satu and FSU Tenaga Empat at the LNG Regasification Terminal Sungai Udang, Melaka.
At the core of this latest partnership is the conversion of MISC’s steam turbine LNG carrier, Puteri Delima Satu, into an FSU, set to become commercially operational by the second quarter of 2025 under a 20-year contract term, with provisions for extension based on mutual agreement.
, into an FSU, set to become commercially operational by the second quarter of 2025 under a 20-year contract term, with provisions for extension based on mutual agreement.
