Malaysia: Petronas Preparing FID for Its Second FLNG
Malaysia’s national oil and gas company Petronas is planning to make a final investment decision for its second FLNG project later in 2013.
Reuters has reported, citing a senior company official, that the FLNG facility will be positioned at the Rotan field, offshore Sabah, Malaysia. He said that the first production is expected to start in 2016. The FLNG plant will have a production capacity of 1.5 million tons per year.
The company’s first FLNG facility PFLNG 1, to be built in South Korea, is scheduled to start production in 2015, which will make Petronas the first company in the world to bring an FLNG facility to the market. The PFLNG1 will be deployed at the Kanowit field offshore Sarawak, Malaysia.
To remind, Shell’s Prelude FLNG in Australia, which will be the largest offshore facility in the world, is expected to come on stream in 2017.
Offshore Energy Today Staff, June 11, 2013