Petronas Becomes World’s First to Produce LNG from Two Floating Facilities

April 2021

Malaysia’s state-owned oil and gas company Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities. This marked its capabilities to explore stranded and deep-water gas fields for floating LNG solutions that are more sustainable and economical via technological advancements.
The company has embarked on the first cargo delivery by Petronas Floating LNG (PFLNG) Dua in March 2021. The cargo was loaded onto the MISC’s Seri Camar LNG carrier for delivery to its LNG buyer in Thailand. The PFLNG Dua is located at Block H Rotan gas field located 140 kilometers offshore Sabah, East of Malaysia. It operates at a water depth of 1,300 meters under an annual production capacity of 1.5 million tons of LNG.
Petronas has introduced PFLNG Satu – the world’s first operational floating LNG in 2016 – which was later relocated to Sabah’s Kebabangan gas field from the Kanowit gas field in Sarawak in 2019. In April 2021, its subsidiary Petronas LNG Ltd (PLL) signed a time charter party (TCP) with South Korea’s Hyundai LNG Shipping (HLS) for three new builds 174,000 cubic meters LNG vessels. This is projected to be delivered from the second quarter of 2024 on a staggered basis to lift cargoes from LNG Canada.
(Sources: Petronas; New Straits Times)

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