The restart of the facility is subject to local authorities’ approval. Credit: Anita starzycka from Pixabay.

Malaysia’s national oil company Petroliam Nasional Berhad (Petronas) is planning to resume operations of the gas pipeline, which is under force majeure, by the first quarter of next year, reported Reuters, citing a senior company executive.

In October 2022, Petronas announced a force majeure on the supply of gas to Malaysia LNG Dua production facility at Petronas LNG Complex (PLC) in Bintulu, Sarawak, owing to a pipeline leak at its Sabah-Sarawak Gas Pipeline triggered by soil movement.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The Malaysian firm plans to complete an investigation into the disruption of the gas supply by the middle of this year.

Petronas LNG marketing and trading vice-president Shamsairi Ibrahim was quoted by the news agency as saying: “Our plan is to complete the work by Q1 2024.”

The restart of facility is subject to local authorities’ approval.

Shamsairi told the news agency in an interview that Petronas is also in talks to extend its long-term contracts with its Japanese customers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Currently, Petronas has long-term supply contracts with Japanese gas distributors including Osaka Gas and Tokyo Gas. Some of the contracts are scheduled to expire this year and 2024.

Recently, Petronas’ wholly-owned subsidiary Petronas Carigali Sdn Bhd (PCSB) agreed to farm out 50% stake in the Samarang production sharing contract (PSC), offshore Sabah, East Malaysia, to SMJ Sdn Bhd (SMJSB), a wholly-owned entity by the Sabah state government.

The Samarang PSC comprises key oil and gas hubs in Sabah. It currently has production of about 36,000 barrels of oil and gas equivalent per day.