MISC companions with Pengerang LNG for LNG FSU challenge

This challenge is a continuation of the collaboration between MISC and PGB in 2012 that introduced in regards to the profitable deployment of FSU Tenaga Satu and FSU Tenaga Empat on the LNG regasification terminal Sungai Udang, Melaka.

On the core of this newest partnership is the conversion of MISC’s LNG provider, Puteri Delima Satu, into an FSU devoted to this challenge. The FSU is designed to obtain shore energy to cut back emissions whereas enhancing operational effectivity and is about to turn into commercially operational by 2Q25 underneath a 20-year contract time period, with provisions for extension primarily based on mutual settlement.

Hazrin Hasan, MISC’s Vice President of Gasoline Property & Options (GAS), stated: “This partnership represents greater than only a new chapter in our collaboration; it embodies the essence of progress and shared dedication between the 2 events. By repurposing and redeploying our present belongings and drawing on our expertise from working FSU Tenaga Satu and FSU Tenaga Empat, we aren’t solely making a revenue-generating alternative but in addition driving higher shareholder returns. We thank PGB and PLNG2SB for his or her belief and we stay dedicated along with PETRONAS in supporting the nationwide agenda for power transition in Malaysia.”

Signing the HOA on behalf of MISC was Hazrin Hasan, whereas PLNG2SB was represented by its CEO, Hisham Bin Maaulot. The signing ceremony was witnessed by MISC Vice President of Finance, YM Raja Azlan Shah Raja Azwa, and PGB Managing Director and CEO, Abdul Aziz Othman.

Learn the article on-line at: https://www.lngindustry.com/floating-lng/01112023/misc-partners-with-pengerang-lng-for-lng-fsu-project/