Petronas Launches Hull for its Second Floating LNG Facility

Malaysian state owned energy major Petronas last week said it launched the hull for its second floating liquefied natural gas facility, the Petronas Floating LNG2 (PFLNG2) at Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea on April 30, 2016.

The 393-metre-long hull was floated out from the Green Dock 3 to anchor at the quayside of the SHI shipyard signifying the near completion of the hull construction which commenced in June 2015.

Petronas’ Advisor of Global LNG Project – Project Delivery and Technology, Datuk Abdullah Karim said the construction of PFLNG2 has tapped on the experiences from PFLNG Satu to broaden Petronas’ floating LNG capabilities for deep-water operations.

The company believes both PFLNG Satu and PFLNG2 could be significant game changers in the LNG business landscape as they pave the way to unlocking gas reserves from remote, marginal and stranded gas fields, which would otherwise be uneconomical to develop. PFLNG2 will enable the liquefaction, production and offloading processing of natural gas in the Rotan field, 240 kilometers offshore Sabah.

The facility has been designed for water-depth between 500 metres to 1500 metres deep and to have a processing capacity of 1.5 million tonne per annum (mtpa).