Petronas

Petronas Identified Cause of Power Outage at Malaysia LNG 

Petronas Identified Cause of Power Outage at Malaysia LNG 

Petronas is working to restore operations at its massive Bintulu LNG complex in Malaysia after a power outage late last week.  The company said in a statement it is working to startup the facility after it identified the cause of the power loss, which it said occurred late on May 10. No timeline was given…

May 15, 2024
LNG Said Vital for Argentina’s Vaca Muerta to Reach Potential

LNG Said Vital for Argentina’s Vaca Muerta to Reach Potential

Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference. “Clearly we think we need to develop the regional market,” said Pampa Energía’s director of commercialization and midstream, Santiago Patrón. The executive at one of Argentina’s top natural gas producers…

April 26, 2024
Argentina Sees Path Toward LNG Exports With Vaca Muerta Pipeline Online

Argentina Sees Path Toward LNG Exports With Vaca Muerta Pipeline Online

Argentina’s natural gas pipeline offering additional takeaway capacity from the Vaca Muerta shale formation went into service earlier this month. The Gasoducto Presidente Néstor Kirchner pipeline was built in 10 months, “record time,” the Energy Secretariat said. Capacity on the pipeline is 25 million cubic meters/day (MMcm). The line stretches from the town of Tratayén…

July 25, 2023
Argentina’s YPF Targeting 2023 FID on Integrated LNG Export Project

Argentina’s YPF Targeting 2023 FID on Integrated LNG Export Project

Argentina’s YPF SA is aiming to sanction an LNG export project by the end of 2023, according to CFO Alejandro Lew. YPF and Malaysian national oil company Petronas signed a memorandum of understanding on Sept. 1 to study the potential for an integrated liquefied natural gas export project in Argentina, home of the Vaca Muerta…

December 5, 2022

Petronas Reports Fire on Pipeline Feeding Malaysia LNG Terminal – The Offtake

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.

November 16, 2022
Petronas Declares Force Majeure at Malaysia LNG, Further Squeezing Global LNG Market

Petronas Declares Force Majeure at Malaysia LNG, Further Squeezing Global LNG Market

Petroliam Nasional Berhad, aka Petronas, has declared force majeure on supplies from its Malaysia LNG (MLNG) facility due to a pipeline leak, which could add more pressure on Asian and European liquefied natural gas buyers looking to cover before the winter season.   “It’s expected that the leak at the Sabah-Sarawak gas pipeline that supplies the…

October 7, 2022
Vaca Muerta Natural Gas to Fuel Planned Argentina LNG Project

Vaca Muerta Natural Gas to Fuel Planned Argentina LNG Project

Argentina’s President Alberto Fernández unveiled Thursday an LNG project to export gas sourced from the prolific Vaca Muerta formation. The $10 billion project would be developed jointly by Argentine state oil firm YPF and Malaysian liquefied natural gas giant Petroliam Nasional Berhad, aka Petronas. “We have the energy that the world needs and will need…

September 7, 2022
Fueled By Energy Crisis ‘Opportunity,’ Argentina Set to Develop LNG Export Facility

Fueled By Energy Crisis ‘Opportunity,’ Argentina Set to Develop LNG Export Facility

Argentina’s President Alberto Fernández unveiled Thursday an LNG project to export gas sourced from the prolific Vaca Muerta formation. The $10 billion project would be developed jointly by Argentine state oil firm YPF and Malaysian liquefied natural gas giant Petroliam Nasional Berhad, aka Petronas. “We have the energy that the world needs and will need…

September 2, 2022
Malaysian State of Sabah and Petronas Outline Plans for New LNG Terminal

Malaysian State of Sabah and Petronas Outline Plans for New LNG Terminal

A 2 million metric tons/year (mmty) liquefied natural gas (LNG) terminal in the Malaysian state of Sabah was announced Tuesday (Jan. 4) with the launch of a masterplan by the country’s state-owned Petroliam Nasional Berhad, aka Petronas, and the state government. The new facility planned for the Sipitang Oil and Gas Industrial Park is a…

January 5, 2022
Petronas Inks $7B Deal to Supply LNG Canada Cargoes to CNOOC

Petronas Inks $7B Deal to Supply LNG Canada Cargoes to CNOOC

Malaysia’s state-owned Petroliam Nasional Berhad, aka Petronas, has struck a $7 billion liquefied natural gas (LNG) supply deal with China National Offshore Oil Corp. (CNOOC) that includes cargoes from the LNG Canada facility currently under construction in British Columbia. Under the terms of the deal, Petronas would supply 2.2 million metric tons per year (mmty)…

July 7, 2021
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