Page 10 - AsianOil Week 17 2021
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Petronas exports LNG
in ISO tanks to China
PROJECTS & MALAYSIA’S state-owned Petronas has
COMPANIES exported its first shipment of liquefied natural
gas (LNG) stored in ISO tanks to China.
The major said on April 26 that the tanks,
which had been filled at its facility in Pengerang
in Johor State, had safely delivered to Shanghai
on April 23.
Petronas signed a spot contract for the ship-
ment with Tiger Gas (Hong Kong), an affiliate of
Tiger Clean Energy Ltd (TCEL).
The spot contract builds on a long-term sale
and purchase agreement (SPA) that Petronas
and TCEL signed in 2020 for the supply of LNG
to TCEL’s LNG ISO tank-filling facility in Bin-
tulu, Sarawak. As part of this agreement, Pet-
ronas’ LNG will be distributed to China using
TCEL’s ISO tanks, with the first shipment sailing
from the port of Bintulu to the port of Long Kou
on March 25. Petronas has begun exporting LNG to China in ISO tanks from its Pengerang facility.
Commenting on the Pengerang shipment, Image: Petronas
Petronas vice-president of LNG marketing
and trading Shamsairi M Ibrahim said: “This Malaysia is the world’s third-largest exporter
inaugural LNG ISO tank export from Penin- of LNG and the country is looking to expand and
sular Malaysia is an innovative solution that future-proof its natural gas sector. The central
enables LNG to reach off-grid customers, not government is drafting a Natural Gas Roadmap
only domestically but also internationally, (NGR), which was expected to be published
extending the reach of our Virtual Pipeline in the first quarter of this year, with the goal of
System [VPS] offering that we have started optimising the country’s gas resources while pro-
since late last year.” moting consumption both at home and abroad.
Petronas launched VPS in September When announcing the NGR in December
2020 with the goal of delivering LNG from its 2020, Prime Minister Tan Sri Muhyiddin Yassin
Pengerang regasification terminal to off-grid said: “With 42 trillion cubic feet [1.16 trillion cubic
customers using lorries fitted with cryogenic metres], Malaysia is blessed with the second-larg-
tanks. The initial goal of the scheme was to pro- est proven natural gas reserves in ASEAN. To
vide off-grid industrial users access to gas sup- meet the rising demand for clean energy, Malay-
plies. Petronas’s first delivery under the scheme sia’s indigenous gas production, supplemented by
was to Continental Tyre Alor Setar Malaysia’s regasification facilities, ensures security of supply
manufacturing plant. for long-term energy sustainability.”
Philippines approves
LNG-to-power project
PROJECTS & THE Philippine government has approved Vires government agencies, and will have to submit proof
COMPANIES Energy’s proposed LNG-to-power project. The of financial closing to the DoE within six months.
Philippine Department of Energy (DoE) issued a The proposed project includes a floating
“notice to proceed” (NTP) on April 22, which it said storage and regasification unit (FSRU) with a
was the first step for a company seeking to build an capacity of up to 3mn tonnes per year (tpy) off
LNG terminal or other downstream gas project. the coast of Batangas Bay. The regasification
Vires will now need to acquire various other facility will be integrated with a 500-MW gas-
regulatory approvals from central and local fired power plant.
P10 www. NEWSBASE .com Week 17 29•April•2021
