Page 9 - GLNG Week 04 2022

GLNG ASIA GLNG

Petronas marks 1,000th

LNG delivery via VPS

PIPELINES & MALAYSIA’S Petronas said on January 26 that CEO, Mohd Khairuddin Abdul Khalik, stated
TRANSPORT it had completed its 1,000th LNG delivery via its this week.
Virtual Pipeline System (VPS). The VPS is estimated to have delivered over
The system uses trucks fitted with cryogenic 16,000 tonnes of energy to date.
tanks to deliver LNG to customers that are not Petronas also recently noted the possibility to
connected to natural gas infrastructure on Pen- expand its LNG distribution beyond Peninsular
insular Malaysia. The system covers supply, load- Malaysia. The company said in early January
ing facilities and logistics services. The trucks there was an opportunity to use a VPS in Sabah
transport LNG from the regasification terminal State on the island of Borneo. This is linked to
in Pengerang, Johor. the planned development of an LNG plant with a
The VPS has been in operation since Septem- capacity of 2mn tonnes per year (tpy) in the state
ber 2020. Petronas touts the system as provid- – one of the key proposals in the Sabah Gas Mas-
ing a more environmentally friendly option to terplan, which was jointly developed by Petronas
local industries and promoting gas usage across and the state government.
Malaysia. The VPS forms part of a broader push by
“Importantly, this milestone highlights the Petronas to promote the use of gas and LNG.
reliability of our VPS solution, which continues Following the start-up of the VPS, the company
to improve low-carbon energy access for cus- also launched its LNG bunkering business in
tomers located away from the main gas pipe- November 2020. Its dedicated LNG bunkering
lines. The VPS solution provides customers with vessel, MV Avenir Advantage, has a capacity of
a viable option to power their businesses in a 7,500 cubic metres, and Petronas has reported a
more environmentally sustainable manner with handful of milestones for the vessel, such as its
natural gas”, Petronas Energy and Gas Trading’s first operations in specific ports and regions.™

EUROPE

Designers picked for Far East LNG project

PROJECTS & JAPAN’S JGC and Norway’s Aker Solutions have metres of gas, but much of this resource remains
COMPANIES landed a contract to design a proposed LNG undeveloped because of limited local demand
export terminal in Russia’s remote Far Eastern and a lack of export options. Yakutsk LNG has
region of Yakutia. been proposed as the solution. The target is to
The pair were chosen through a tender that bring the terminal online in 2027, and at full
involved 13 international companies, and their capacity it will produce 18mn tonnes per year
offer beat rival shortlisted bids submitted by (tpy) of LNG for delivery to China and other
France’s Technip Energies and US firm McDer- fast-growing gas markets in Asia.
mott. The front-end engineering and design The project passed a milestone earlier this
(FEED) work is expected to be completed within month, when Chinese gas importer Zhejiang
two years, ahead of a planned final investment Energy agreed terms to take a 10% stake in
decision (FID) on the project by the end of 2023. YATEC.
The Yakutsk LNG project will involve the Commenting on the selection of JGC and
development of gas fields in east Yakutia and a Aker, A-Property’s main shareholder Albert
1,300-km pipeline to pump their production Avdolyan said the pair had almost a century of
to a coastal site where the LNG terminal will be experience between them in energy supply pro-
constructed. The project’s developer is YATEC, jects across the world, including onshore and
owned by Russian business group A-Property, floating LNG (FLNG) plants. He also referred
while another local firm Globaltec, which issued to their involvement in some of Russia’s largest
the tender, is providing technical support. LNG projects, such as Yamal LNG and Arctic
Yakutia is thought to contain trillions of cubic LNG-2, both operated by Novatek.™

Week 04 28•January•2022 www. NEWSBASE .com P9