Petronas, Murphy Make FLNG FID (Malaysia)

Petronas and Murphy Oil have made the final investment decision to proceed with their floating liquefaction project at the Rotan field in Malaysia, Platts reported citing Murphy’s CEO Roger Jenkins as saying.

Murphy is the operator of Block H offshore Sabah, where the gas will be sourced, while Petronas will operate the 1.5 million mt/year FLNG facility.

“We are planning on first gas in 2018 with a 10-year peak gas rate near 207 million [cubic feet] a day gross or 150 million [cubic feet] per day net,” Jenkins said.

This will be Petronas’ second FLNG project while the company already has one FLNG facility under construction at DSME’s shipyard.

[mappress]
LNG World News Staff, February 3, 2014; Image: Petronas