Petronas Names Second Floating LNG Facility

Malaysian state Petronas November 27 held the official naming ceremony of its second floating LNG facility at the Samsung Heavy Industries Shipyard in Geoje Island, South Korea.

The company said that PFLNG Dua opens a new source of supply for cleaner energy as it is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters. Petronas now owns two floating LNG facilities, with PFLNG Satu being in operation since 2017.

The PFLNG Dua was delivered by Petronas together with its partners, JGC Corporation and Samsung Heavy Industries, the consortium responsible for the engineering, procurement, construction, installation and commissioning of the floating LNG facility. Construction started in 2015 is progressing on schedule for completion and sail away in February 2020, Petronas said. PFLNG Dua will be moored over the Rotan gas field at a water depth of 1,300 metres, located 140km offshore Kota Kinabalu, Sabah, with the capacity to produce 1.5mn metric tons/year of LNG.

Petronas CEO Tan Sri Wan Zulkiflee said that PFLNG Dua is a key solution by Petronas to monetise stranded deepwater gas fields in a safe, economical and sustainable manner. “The development of PFLNG Dua is a step forward in providing a new supply source of clean energy and in realising our shared aspiration for a low carbon future.”