Regional LNG: Malaysia to build second LNG terminal
Monday, November 24 2014 - 10:55 AM WIB
South Korean firm Samsung Corp. announced on Monday its affiliate, Samsung C&T Corporation has been awarded a contract by PETRONAS Gas Berhad to build a re-gasification terminal in Johor, Malaysia, with its partner Science-Tech Solutions (STS) Sdn. Bhd. PETRONAS Gas Berhad is a subsidiary of national oil company.
Samsung C&T Corporation will execute the engineering, procurement, construction and commissioning (EPCC) work of the re-gasification terminal which has a send-out capacity of 5 million tons per annum and two 200,000m3 LNG storage tanks. Construction is expected to be completed by April, 2018.
The re-gasification terminal (known as RGT-2) is part of Malaysia?s development plan to secure stable natural gas supply for the nearby Refinery and Petrochemical Integrated Development (RAPID), Pengerang Co-generation Plant (PCP) and also to the Peninsular Gas Utilization (PGU) Grid.
Samsung C&T is developing a strong track record in LNG, having completed various projects around the world. The company successfully completed the first LNG terminal in Singapore, and was further awarded the phase 3 expansion of the Singapore LNG terminal in August 2014. Through its acquisition of Whessoe Engineering Limited, an engineering firm specialized in cryogenic tanks and regasification facilities based in United Kingdom, Samsung C&T looks set to become a leading engineering and construction company in the LNG industry.
Editing by Johannes Simbolon