PETRONAS 2019-2021 Activity Outlook Informs of LNG Bunkering Strategy

| Malaysia: Kuala Lumpur | Source: PETRONAS
M.V. Kairos - LNG Bunker Vessel

LNG-fuelled M.V. Kairos

As a major player in the LNG business, PETRONAS is well-positioned to support the strategic intent for Malaysia to become the regional LNG bunkering hub, so the company declares in its 2019-2021 Activity Outlook. Efforts are now being put in place towards advocating LNG as the preferred marine fuel of choice.

In close collaboration with industry associations like Malaysia OSV (Offshore Support Vessels) Owners’ Association (MOSVA), programmes are aligned to encourage migration; to develop necessary infrastructures to support a swift and effective migration of local (currently diesel-fueled) OSV fleet to LNG, as the cleaner option.

The first commercial LNG Bunkering is poised for start-up by second half of 2019 from RGT1 (Sg Udang, Melaka) and RGT2 (Pengerang, Johor), followed by KSB (Kemaman, Terengganu) and ASB (W.P. Labuan). Dual-fueled LNG-based engines are expected to be the future solution.

The Malaysian Government-owned PETRONAS joined the ranks of a growing number of ports worldwide gaining experience with LNG bunkering late October this year when the Babcock Schulte Energy-owned LNG bunker supply vessel Kairos took on fuel at Pengerang LNG terminal as it voyaged the shipyard in South Korea to the ship’s primary area of operation in Northwest Europe.

Related article: Pengerang Joins LNG Bunker Ports with First Supply to Kairos

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