The facilities are advanced. They can do all (the processes of extracting LNG) on the ship, says PM
by BERNAMA / pic by BERNAMA
GEOJE • Prime Minister (PM) Tun Dr Mahathir Mohamad, who is a known technophile, was awestruck by Petroliam Nasional Bhd’s (Petronas) Floating Liquified Natural Gas Dua (PFLNG Dua), which is able to reach deepwater gas reserves located up to 1,500m underwater.
“This is awesome, it is unimaginable. This is so big. The size if it stands up straight, it is almost as tall as the (Petronas) twin towers,” he said on the overall length of the vessel which is 393m.
“The facilities are advanced. They can do all (the processes of extracting LNG) on the ship. They are operated by Malaysians and that is something we can be proud of,” he told Bernama and TV3 after visiting the vessel at Samsung Heavy Industries Geoje Shipyard.
The PM was accompanied by Tun Dr Siti Hasmah Mohd Ali, who was the Lady Sponsor and carried out the ceremonial rope cutting during the vessel’s official naming as PFLNG Dua yesterday.
The vessel which can accommodate gas production, offshore pipeline, gas liquefaction, as well as storage and offloading facilities, will be deployed at Rotan Gas Field, 140km offshore Kota Kinabalu, Sabah.
The vessel is scheduled for its sail away in February 2020.
It is 100%-owned by Petronas and is being constructed by a consortium made up of JGC Corp of Japan and Samsung Heavy Industries Co Ltd of South Korea. “It is good to have this kind of cooperation as each country has its own strength and experiences, and we can tap on it. In the process, I think Malaysians must learn about design and shipbuilding, and things like that.
“We do not go the same way as (South) Korea, Korea plans to be big. Malaysia mostly looks onto the domestic market. We should look into Korea’s strategy and emulate it,” he said.
The PM said it is possible for Malaysia to build such facilities too if it learns the trade.
Asked whether Petronas could build another FLNG vessel, Dr Mahathir said the country has enough LNG reserves for it, but that depends very much on the demand.
“It all depends on demand. We have enough reserves to have another one and this is a moving platform. We can move it to other countries. So, maybe if there is a need for other countries (they can charter it from Petronas),” said Dr Mahathir.
The visit to the facility in Geoje, a city located in South Gyeongsang province, just off the coast of the port city of Busan, is part of Dr Mahathir’s official visit to the country.
Dr Mahathir arrived in Busan on Nov 24, 2019, for the Asean-South Korea Commemorative Summit followed by a two-day official visit to the country beginning today.
Petronas group CEO Tan Sri Wan Zulkiflee Wan Ariffin said PFLNG Dua will boost LNG capacity to more than 34 million tonnes per annum. Once operational, the PFLNG Dua will expand Petronas’ LNG source and trading opportunities to provide distinctive flexible and innovative solutions to better serve the market, he said at the vessel’s official naming ceremony yesterday.
The ceremony was officiated by Dr Siti Hasmah. It was proceeded by the signing of a PFLNG Dua commemorative plaque by Dr Mahathir, followed by a guided tour of the 393m-long floating LNG facility.
Wan Zulkiflee said with PFLNG Dua, Petronas now owns and operates two floating LNG facilities, following the success of PFLNG Satu which has been in operation since 2017. — Bernama