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WORLD
Part 22: China | Petroliam Nasional Bhd (Petronas)
Petronas strengthens Malaysia's position as LNG ISO tank hub
By Farah Adilla - April 26, 2021 @ 3:56pm

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) through its subsidiary, Petronas LNG Ltd, has commenced the export of liquefied natural gas (LNG) to China in ISO tanks from its filling facility in Pengerang, Johor.

Petronas in a statement today said the maiden shipment of LNG ISO tanks has been safely delivered to Shanghai from Pasir Gudang Port of Johor on April 23, 2021.

This follows a spot contract signed between Petronas and Tiger Gas (Hong Kong) Ltd, an affiliate of Tiger Clean Energy Ltd (TCEL).


With the operation of Petronas' ISO tank filling facility at Pengerang, Malaysia is now poised to strengthen its position as an LNG ISO tank export hub, with filling facilities in west and east Malaysia that provide customers with an alternative and reliable LNG solution.

"This inaugural LNG ISO tank export from Peninsular Malaysia is an innovative solution that enables LNG to reach off-grid customers, not only domestically, but also internationally, extending the reach of our virtual pipeline system offering that we have started since late last year," Petronas LNG marketing and trading vice president Shamsairi M Ibrahim said.

In 2020, Petronas and TCEL signed a long-term sale and purchase agreement for the supply of LNG to TCEL's LNG ISO tank filling facility in Bintulu, Sarawak.

As part of this agreement, Petronas' LNG will be distributed to China using TCEL's ISO tanks, with the first shipment sailed from Bintulu Port to the Port of Long Kou on March 25, 2021.

"This is also a clear testament of Petronas' commitment as a progressive energy solutions partner in reducing the carbon footprint of our customers' existing and future operations," Shamsairi added.

https://www.nst.com.my/business/2021...g-iso-tank-hub