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Project Insights

Thai PTTEP fast-tracks Malaysia FID for 2020

A potential fast-track development of the Lang Lebah field offshore Malaysia would be a welcome boost for the Petronas-led Bintulu LNG export complex, which is facing a short-term supply crunch A potential fast-track development of the Lang Lebah field offshore Malaysia would be a welcome boost for the Petronas-led Bintulu LNG export complex, which is facing a short-term supply crunch.
By Damon Evans 6 February 2020 Asia Pacific / Exploration & Production 0 34973
Malaysia’s Petronas’s first floating LNG facility, PFLNG Satu. (Petronas)

The key issue: Thailand’s PTTEP aims to take FID on its giant Lang Lebah discovery off Malaysia in 2020, which would benefit the nearby Petronas-led Bintulu LNG project.

Interfax analysis: With FID targeted by the end of this year, gas from Malaysia’s Lang Lebah field could be flowing sometime between 2022 and 2024. Supplies from the project, which would be tied into nearby production facilities, would help alleviate a short-term supply crunch that has plagued Malaysia’s 29.3 mtpa Bintulu LNG export plant for the...