LNG Journal editor
Malaysian Prime Minister Mahathir Mohamad and his wife have attended the naming ceremony near the port of Busan in South Korea of the second liquefied natural gas production vessel being built for Malaysia’s state-backed energy company Petronas.
PM Mahathir’s wife, Siti Hasmah Mohamad Ali, carried out the ceremonial rope-cutting during the naming of the vessel “PFLNG Dua” at the shipyard of Samsung Heavy Industries, located off Busan on Geoje Island.
Mahathir, who is aged 94 and his wife who is 93, were on a five-day visit to South Korea that started on November 24 for an event organized by the Association of South East Asian Nations (ASEAN) in Busan.
Construction of the Petronas FLNG vessel started in 2015 and it will be deployed in Malaysian waters to produce LNG after being handed over to Petronas in February 2020.
The latest FLNG construction project is a joint venture involving the Samsung shipyard and Japanese energy engineering company and LNG plant builder, JGC Corp.
The first Petronas LNG production hull, “PFLNG Satu”, became the world’s first FLNG vessel to start commercial operations in 2017 over the Kanowit stranded gas field offshore the Malaysian state of Sarawak.
It has now been moved to a location 90 kilometres offshore Sabah, the Malaysian state on the northern part of the island of Borneo, for production at the Kebabangan cluster field.
The “PFLNG Satu”, which operates with a crew of 155 onboard, started its new production from the Kebabangan field with feed-gas being transported to the “PFLNG Satu” turret system via a five-kilometres-long flexible pipeline.
The next Petronas FLNG venture involving the “PFLNG Dua” will be at the deepwater Rotan gas field, also offshore Sabah.
The joint venture partner of Petronas is the Thai state energy company PTT Exploration and Production, which purchased its stake in the gas field from Murphy Oil, the US exploration and production company.
The Rotan gas field, including Block H reserves, was discovered by Murphy in 2007 and the sale of the US-held assets to Thailand’s PTTE was completed in July 2019 at a cost of $2.12 billion.