Page 9 - AsianOil Week 01 2023
P. 9
AsianOil PIPELINES & TRANSPORT AsianOil
Duo picked to build Malaysia's
first FLNG plant
MALAYSIA JAPAN’S JGC and South Korea’s Samsung from floating LNG facilities to 4.7mn tonnes
Heavy Industries have secured an engineering, per year. Its existing two floating LNG plants,
The project is valued at procurement, construction and commissioning PFLNG SATU and PFLNG DUA, are located at
$3bn. (EPCC) contract to build Petronas’ third floating the Kebabangan and Rotan offshore gas fields
LNG plant. respectively.
According to TradeWinds, the duo outbid a JGC is a natural pick for the new project, as
consortium of Saipem and Wilson Offshore & the company built all nine of Petronas’ exist-
Marine for the contract. The ZFLNG project is ing trains at its LNG complex in Bintulu, Sar-
valued at around $3bn, the trade publication awak, which has an overall capacity of 29mn
reported. tonnes per year. It also built its second FLNG
ZFLNG is set to produce 2mn tonnes of LNG facility.
per year, and is a first-of-a-kind project, Petronas At the same time as expanding its LNG capac-
said in December, when it announced a FEED ity, Malaysia is also looking to ramp up explo-
design competition for its nearshore FLNG pro- ration. Petronas and its international partners
ject in Sabah in Malaysia. Petronas aims to take a drilled twice as many exploration wells in 2022
final investment decision by the end of this year. as in the previous year, achieving a 60% success
The plant’s start-up is scheduled for 2026, rate. These campaigns resulted in 10 hydrocar-
expanding Petronas’ overall production capacity bon discoveries.
POLICY
Turkmen president Berdimuhamedov
arrives in Beijing for state visit
CHINA TURKMEN President Serdar Berdimuhamedov transit through the Central Asia-China Gas
has arrived in Beijing for a state visit, Turkmen Pipeline’s A, B and C strands. Plans to build and
Turkmenistan is a major state media reported on January 5. launch a D strand are proceeding.
supplier of gas to China. Berdimuhamedov was reportedly set to meet It is the progress on delivering D strand that
Chinese leader Xi Jinping on January 6 to discuss is perhaps the most important discussion point
a range of issues including Turkmen gas exports on the agenda for Berdimuhamedov and Xi. The
to China, transportation, trade, the chemical former has referred to plans to approximately
industry, agriculture and communications. double annual gas exports to China. However,
Chinese Foreign Minister Hua Chunying it is believed Turkmenistan sells its gas at a lower
said earlier that this first official visit to China price to China than do other suppliers, thus Ber-
by Berdimuhamedov, who succeeded his father dimuhamedov is likely pushing for a renegotia-
Gurbanguly Berdimuhamedov as president in tion of the price.
March last year, was scheduled after an invita- Another issue on the agenda will be the sta-
tion by Xi. bility of Afghanistan, which both Turkmenistan
The State News Agency of Turkmenistan and China border.
reported the Turkmen leader as saying in China
that relations between Ashgabat and Beijing
“have acquired a strategic character as a result
of the efforts of the parties” and that they were
“fruitful”.
China is the only major buyer of Turkmen
natural gas.
Official media in Turkmenistan have lately
reported that during the first 11 months of 2022,
China bought Turkmen gas worth $9.28bn.
Gas flows from Turkmenistan to China
Week 01 06•January•2023 www. NEWSBASE .com P9
