Petronas on Wednesday reported a fire on its Sabah-Sarawak natural gas pipeline in Malaysia. The system feeds the 30 million metric tons/year Bintulu LNG export terminal.
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Squeezed by Plant Outages, Asia’s LNG Buyers Return to Spot Market for Replacement Cargoes
Asian liquefied natural gas (LNG) offtakers that have contracts with Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, are looking to cover peak winter demand after cargoes were canceled and deferred from the Bintulu LNG complex in Sarawak. With a colder-than-normal winter predicted for Asia, plus recent unplanned outages at Australia’s Gorgon LNG and the Prelude…
December 9, 2021