Malaysia LNG project
Malaysia LNG project
LNG business Malaysia LNG project
One of the world's largest LNG liquefaction plants
Malaysia LNG project is an LNG production and sales business with investments from Mitsubishi Corporation, PETRONAS and the government of Sarawak and so on.
The first project started its production in 1983. With the second and third projects set up subsequently, each of them has produced LNG mainly consists of natural gas from off-shore of Sarawak, Malaysia, and is sold to power and gas companies in such countries as Japan, South Korea, Taiwan, and China. With a total LNG capacity of 25.7 million tons per annum, the Malaysia's LNG plant is one of the largest LNG facilities in a single location in the world.
LNG business
| Shareholder composition |
Project 1 (Satu): PETRONAS (90%), Government of Sarawak (5%), Mitsubishi Corporation (5%) Project 2 (Dua): PETRONAS (80%), Government of Sarawak (10%), Mitsubishi Corporation (10%) Project 3 (Tiga): PETRONAS (60%), Government of Sarawak (25%), ENEOS (10%), DGN [Mitsubishi Corporation/JAPEX 80:20] (5%) |
|---|---|
| Location | Bintulu, Sarawak, Malaysia |
| Equity share of production capacity |
Project 1 (Satu): 420,000 tons/year Project 2 (Dua): 960,000 tons/year Project 3 (Tiga): 310,000 tons/year |
