Friday March 15, 2013
PETALING JAYA: Petroliam Nasional Bhd (Petronas) has awarded a contract worth nearly US$2bil (RM6.2bil) to Japan’s JGC Corp to build a liquefied natural gas (LNG) train in Bintulu, Sarawak.
StarBiz reported on Wednesday, citing information from international oil and gas newspaper Upstream, that Petronas was reportedly within days of awarding an engineering, procurement, construction and commissioning (EPCC) contract, estimated to be worth up to US$2bil to JGC Corp.
JGC confirmed this on its website yesterday by stating that it – jointly with its Malaysian subsidiary JGC Malaysia Sdn Bhd – had been awarded a contract by Petronas LNG 9 Sdn Bhd, a wholly owned subsidiary of Petronas, for EPCC work for the construction of the 9th LNG Train and its associated facilities in the Petronas LNG Complex in Bintulu.
The Japanese behemoth said that over the past 30 years, it had performed the EPCC for the existing eight trains at the LNG Complex, and executed rejuvenation projects to increase the plant’s production capacity.
This additional train would have a capacity of about 3.6 million tonnes of LNG per year, with its feedstock supplied from Petronas’ newly developed offshore gas fields off the coast of Sarawak.
JGC has been responsible for the construction of LNG plants worldwide, accounting for about 30% of the global LNG production capacity.
It was currently involved in four LNG engineering, procurement and construction projects in Australia, Indonesia and Papua New Guinea, among others, it said.