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Sarawak state govt seeks 10% stake in LNG train

Mimi Sabreena 5:12:00 PM Informasi

KUALA LUMPUR (May 22): The Sarawak state government said it is negotiating with Petroliam Nasional Bhd (Petronas) to acquire a 10% equity stake in a liquefied natural gas (LNG) production facility at Petronas' LNG complex in Bintulu, Sarawak.

The government is looking to buy a stake in the LNG Train 9 facility, the site's ninth liquefaction unit, which can produce 3.6 million tonnes of LNG per year. It began its commercial operations in January, boosting production capacity at the Petronas LNG complex to 30 million tonnes per year.

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