Several Malaysian upstream developments are close to taking FIDs that will help stem falling production from legacy fields that underpin the nation’s LNG exports.
The new projects will be crucial as Malaysian NOC Petronas’s LNG export complex in Bintulu in the state of Sarawak is already facing a near-term feed-gas crunch, Prasanth Kakaraparthi, an LNG specialist at energy research company Wood Mackenzie, told Interfax Natural Gas Daily.
Woodmac expects the plant to operate at 10% below capacity until late 2019 or early 2020. The squeeze is a...
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