Petronas inks second FLNG contract

Kuala Lumpur: Petronas giant has awarded a consortium including JGC Corporation and Samsung Heavy Industries a contract to build the Malaysian energy giant’s second floating liquefied natural gas facility, to be located off Sabah.
The facility will be moored at the Rotan gas field in deep water Block H, offshore Sabah and is designed to produce 1.5m tonnes a year of LNG. It is scheduled to be ready for start-up by early 2018.
Keel laying for Petronas’s first FLNG facility has recently taken place at Daewoo Shipbuilding & Marine Engineering (DSME).
"Once operational, both facilities are expected to change the landscape of the LNG business where the liquefaction, production and offloading processes of LNG — previously only possible at onshore plants – will now be able to be carried out hundreds of km away from land and closer to the offshore gas fields.
"As such, the facilities will play a significant role in Petronas' efforts to unlock the gas reserves in Malaysia's remote and stranded fields which otherwise could be uneconomical to develop and evacuate," Petronas said.  [14/02/14]

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