Petronas to build LNG regasification plant in Malaysia

Looks like Petronas has agreed to build (in partnership) with the Dialog Group Berhad, an LNG re-gasification plant facility in Southern Malaysia. This plant will accept LNG from LNG carriers and re-gas it for supply to Malaysian market. The plant is expected to be ready by 2018 at a cost of 800 Million US.

Could be one more positive for potential good news regarding a FID in mid-December for the LNG project on Lelu Island. … n-malaysia … ?style=biz