Regional LNG: MLNG expansion boost for Bintulu Port

Bintulu Port Holdings Bhd (BPHB), whose main source of revenue is from the handling of liquefied natural gas (LNG) exports, could expect a major boost to its bottom line when Malaysia LNG Sdn Bhd (MLNG) expands the capacity of its LNG2 plant by another 4 million tonnes a year, The Star Online reported Tuesday.

Acting chief executive officer Mior Ahmad Baiti said as MLNG's three LNG plants had reached their production capacity of 22 million tonnes per year, MLNG planned to undertake a de-bottlenecking project of its LNG2 plant to increase total production to 26 million tonnes yearly.

That would significantly boost Bintulu Port?s revenue, he said after the company AGM in Kuching on Saturday.

It is not known when the LNG2 plant will be revamped.

LNG contributed to 62% of the total cargo throughput handled by Bintulu Port last year. Other cargo include crude and palm oil (13%), wood-based products (6%), petroleum products, silica sand, liquefied petroleum gas, clinker and urea (8%).

Bintulu Port operates the world?s single largest LNG terminal.(*)