KUALA LUMPUR (Nov 1): Petroliam Nasional Bhd (Petronas) announced today its subsidiary Petronas LNG Ltd (PLL) has successfully completed its first liquefied natural gas (LNG) supply operation at the Regasification Terminal Pengerang (RGTP) in Pengerang, Johor, recently.
This follows the agreement between PLL and Uranos Vermögensverwaltungs GmbH & Co. KG, a joint venture company of Bernhard Schulte and Babcock International.
In a statement today, Petronas said the LNG reload operation into the world's largest LNG bunker vessel, Kairos, with a capacity of 7,500 m3 took place at the RGTP jetty. Kairos departed from Hyundai Mipo Dockyard, Ulsan in South Korea, and received the LNG supply from PLL, en route to Europe.
It said having completed this first LNG reload operation — a result of collaboration with all Petronas units including Petronas Gas Bhd, Pengerang LNG (Two) Sdn Bhd and other key stakeholders, namely Department of Malaysia, Johor Port Authority and Johor Port Bhd — reaffirms Petronas' role in spurring the growth of LNG bunkering in the region.
"We believe that small-scale LNG opportunities will increase from the utilisation of alternative cleaner fuel such as LNG," said PLL chief executive officer Ezhar Yazid Jaafar in the statement.
He added that the new regulation of 0.5% Global Sulphur Cap to be imposed by the International Maritime Organisation in January 2020 could also make LNG the alternative fuel of choice for the shipping industry.
Petronas said it will be among the front runners in the LNG bunkering segment, due to the flexibility of RGTP in reload operation and the ability to also receive small-scale LNG ships.