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Petronas and Sabah Oil and Gas Development Corp to build Sabah’s first near-shore floating LNG facility

KOTA KINABALU, April 22 — Petroliam Nasional Bhd (Petronas) and Sabah Oil and Gas Development Corporation Sdn Bhd (SOGDC) have inked a memorandum of understanding ( Scowl) to make Sabah’s first and largest near- reinforcement floating thawed natural gas (LNG) installation, known as ZLNG. Deputy Chief Minister and State Industrial Development Minister Datuk Joachim Gunsalam said the ZLNG design with an estimated investment value of RM8.8 billion would be located at Sipitang Oil and Gas Industrial Park (SOGIP). “ Petronas and SOGDC will unite and cooperate in the realization […]
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