KUALA LUMPUR, Oct 28 (Bernama) -- Pengerang LNG (Two) Sdn Bhd (PLNG2), a 65 per cent subsidiary of PETRONAS Gas Berhad (PGB), is inviting participation in a non-binding Expression of Interest (EOI) for a proposed new LNG storage tank in Pengerang, Johor, Malaysia.
The EOI is aimed at assisting PLNG2 in assessing the feasibility of constructing a third LNG storage tank at its existing onshore LNG Regasification Terminal in Pengerang (RGTP). Subject to the project’s Final Investment Decision, the new storage is expected to be completed by the fourth quarter of 2025.
The proposed new facility will provide potential customers with a competitive advantage as it is strategically located along the global LNG trading routes, coupled with the availability of the existing regasification and reloading facilities. The facility will be an effective solution to support the anticipated increase in LNG demand in Asia, as the world transitions towards a cleaner energy landscape.
PLNG2 owns, operates and maintains the RGTP, which currently features two LNG storage tanks with a total capacity of 400,000m3. In addition, it also provides a wide range of services, including LNG regasification with a capacity of 490 mmscfd as well as reloading, gassing up and cooling down.
To participate in the EOI, interested parties are required to submit their proposals to PLNG2 via
pgb.marketing@petronas.com no later than 30 November 2021 (4.00 pm Kuala Lumpur time).
The details of the non-binding EOI are available on the PGB website at
https://www.petronasgas.com Picture_1 & 2: PGB's existing LNG storage tanks in Pengerang, Johor, Malaysia
About PETRONAS Gas Berhad PETRONAS Gas Berhad (PGB) was incorporated in 1983 as a wholly owned subsidiary of PETRONAS and listed on the main market of Bursa Malaysia on 4 September 1995. PGB is 51% owned by PETRONAS, while the remaining shares are held by other institutional investors and retail shareholders.
It is Malaysia’s leading Gas Infrastructure and Utilities company with core businesses in Gas Processing, Gas Transmission and Regasification. The Company processes natural gas piped from offshore fields and transports the processed gas via the Peninsular Gas Utilisation (PGU) pipeline network to PETRONAS’ customers in Malaysia and Singapore.
In addition, the Group also supplies steam, power and industrial gases for its customers at Kertih Integrated Petrochemical Complex in Terengganu and Gebeng Industrial Area in Pahang.
Source: PETRONAS Gas Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Florence Oh Yeok Kim
Tel: +6012 308 1092
Email: florence.oh@petronas.com
--BERNAMA 
