Petronas LNG Inks Services Agreements in Malaysia
Petronas LNG Ltd. (PLL), has signed a two-year service agreement with Argo Engineering Sdn Bhd (Argo) and Eastport Marine Sdn Bhd (Eastport) to provide liquefied natural gas (LNG) ship-to-ship transfer services in Labuan, Malaysia.
“This ship-to-ship transfer service agreement is Petronas’ first collaboration in providing flexible delivery solutions that goes beyond the conventional selling and delivering of LNG,” said PLL Chairman, Ahmad Adly Alias, in a company statement.
“LNG ship-to-ship transfer services is an emerging trend to cater to the needs of small scale LNG requirements,” he added.
PLL said the partnership will enable the company to respond to new market requirements in the changing LNG industry landscape.
In addition to the ship-to-ship services deal, PLL announced Wednesday that it had also signed an agreement with Bintulu Port Sdn Bhd (BPSB) for the provision of marine services to support PLL’s Gassing Up and Cooling Down (GUCD) operations at the site for a period of three years.
The services at the Bintulu Port will commence in 2018.
“The GUCD services is a niche and specialized service offered by Petronas. This is the first GUCD services in Malaysia at the Bintulu Port,” said Adly Alias.
“This collaboration is expected to enhance Petronas’ portfolio of services in the integrated (LNG) value chain,” he added.
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