You are here

Malaysia starts LNG bunkering operations, makes first delivery

rk_Petronas_101120.jpg
Malaysia, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business and made its first delivery in the southern state of Johor this week, the country's marine department said on Tuesday.

[KUALA LUMPUR] Malaysia, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business and made its first delivery in the southern state of Johor this week, the country's marine department said on Tuesday.

The maiden operation involved supplying 1,150 tonnes of LNG from bunkering vessel MV Avenir Advantage, which Petronas leased from Future Horizon, to vehicle transport vessel Siem Aristotle at the Pasir Gudang port on Monday.

"This makes Malaysia among a few first-mover countries able to provide LNG bunkering services to the marine industry in the east," Marine Department Malaysia said.

Avenir Advantage will provide LNG bunkering services and related services to international and domestic vessels passing through the Strait of Malacca.

Malaysia, the world's fourth-largest LNG exporter, has been developing the infrastructure needed to support LNG bunkering since 2017.

Your feedback is important to us

Tell us what you think. Email us at btuserfeedback@sph.com.sg

The country's bunkering services market is estimated to be at least three times as big as Singapore's, valued at RM2 billion (S$653.7 million), according to the Malaysian Investment Development Authority.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes