Page 7 - AsianOil Week 04 2022

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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.™

EAST ASIA

Gazprom wraps up study on

pipeline through Mongolia

PIPELINES & GAZPROM has wrapped up a feasibility study Power of Siberia will deliver at full capacity, will
TRANSPORT for the Soyuz-Vostok gas pipeline that it wants dramatically expand Russia’s share of the Chi-
to build through Mongolia to China, the Russian nese gas market.
gas supplier said on January 25. Mongolia has expressed hope that construc-
After reviewing the study’s results, Gazprom tion can get underway as soon as 2024. The
CEO Alexei Miller signed a protocol on the Central Asian country stands to reap significant
pipeline’s construction with Mongolian Dep- economic benefits from the project, not only
uty Prime Minister Sainbuyan Amarsaikhan, from its construction but also the billions of dol-
the company said on its Telegram channel. The lars in transit revenues it will secure. Mongolia
pipeline’s section in Mongolia will be 963 km in may also be able to tap some of the gas itself for
length, with a diameter of 1,400 millimetres. Five use as fuel in power generation, assisting its tran-
compressor stations will be built along it, Gaz- sition away from coal.
prom said. Mongolia is also looking to extract its own
Russia and China first mooted a plan to build methane trapped in coal beds as an energy
a second gas pipeline between them in Septem- source. London-listed junior Elixir Energy
ber 2019, two months before the launch of their recently lodged plans for a coal-bed methane
first pipeline, Power of Siberia. Soyuz Vostok is (CBM) pilot project that would underpin the
set to flow up to 50bn cubic metres per year of construction of the country’s first gas-fired
gas, which added to the 38 bcm per year that power station.™

Week 04 28•January•2022 www. NEWSBASE .com P7