Johor LNG regasification project in 2017
KUALA LUMPUR, November 14, 2014 – Malaysian technical services firm Dialog Group announced on Friday that it would partner with the natural gas arm of national oil company Petronas on a LNG regasification project in Johor State, Malaysia, expected to come on stream in the fourth quarter of 2017. The $807-million Pengerang LNG project (PLNG) will be facilitated by a custom entity, PLNG-2, and will consist of a regasification unit and two 200,000-cubic-metre LNG storage tanks.
Petronas Gas will hold a 65-percent share in the project with Dialog’s LNG subsidiary taking a 25-percent stake and the Johor State Secretary holding 10 percent. Dialog Group, together with the Johor State Government and Vopak, is also building Malaysia’s only independent, deepwater oil and natural gas terminal, the Pengerang Independent Deepwater Petroleum Terminal in Johor.