Petronas presses ahead with Sabah LNG
The project is another sign of the industry’s growing adoption of floating liquefaction technology
Malaysian NOC Petronas is going ahead with plans to build a 2mn t/yr FLNG plant in Sabah and expects to complete the work in 2027. The plant will be Malaysia’s third floating liquefaction unit—Petronas already operates the Satu and Dua FLNG facilities—and will increase the NOC’s FLNG capacity in its home country to 4.7mn t/yr. Sabah will also be the first nearshore FLNG facility in the world. Petronas has previously stated that the nearshore location makes design and construction easier, as the site is protected in a bay, rather than being in open waters. The NOC has awarded the project’s engineering, procurement, construction and commissioning contract to a consortium comprising South Korea

Also in this section
2 April 2025
The often-hidden yet powerful hand maintains supply chain linkages and global flows amid disruptions
2 April 2025
At some point it is likely that $70/bl will be quietly accepted as the producer-consumer sweet spot for a US administration having to balance both sides of the ledger
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order