LNG

Jan 11 (LNGJ) - Petronas, the Malaysian energy company, has seen one of its subsidiaries, Petronas Carigali Sdn Bhd (PCSB), take over the operatorship of the E11 natural gas hub, located 130 kilometres offshore Bintulu in Sarawak, the Malaysian state on the island of Borneo. Petronas noted that the E11 hub, which has been producing since 1982 under the Malaysia LNG production sharing contract, had been operated by Royal Dutch Shell unit Sarawak Shell Bhd (SSB) for the past 38 years.

   The Petronas Vice President of Malaysian Assets, Bacho Pilong, said the change marked a significant landmark for PCSB as the operator of the E11 hub to ensure reliable, stable and cleaner energy supply to the market while continuing to develop Sarawak as a regional gas hub. “I am pleased to note that SSB and Petronas had implemented all the necessary activities to ensure a smooth handover of the E11 hub,” added Pilong.

PTTEP of Thailand, the oil and gas producer, may be able to market its largest ever natural gas discovery made last year offshore Malaysia to the Bintulu LNG production plant.