Samsung CT to Build Second LNG Terminal in Malaysia

The regasification terminal to be built in Malaysia Samsung C&T Corporation has been awarded a contract by PETRONAS Gas Berhad to build a re-gasification terminal in Johor, Malaysia, with its partner Science-Tech Solutions (STS) Sdn. Bhd, Samsung announced. Petronas Gas Berhad is a subsidiary of the Malaysian national oil company, Petronas. Under the contract, Samsung C&T Corporation will execute the engineering, procurement, construction and commissioning (EPCC) work of the re-gasification terminal which has a send-out capacity of 5 million tons per annum and two 200,000m3 LNG storage tanks. Construction is expected to be completed by April, 2018. The re-gasification terminal (known as RGT-2) is part of Malaysia’s development plan to secure stable natural gas supply for the nearby Refinery and Petrochemical Integrated Development (RAPID), Pengerang Co-generation Plant (PCP) and also to the Peninsular Gas Utilization (PGU) Grid. Samsung C&T completed the first LNG terminal in Singapore, and was further awarded the phase 3 expansion of the Singapore LNG terminal in August 2014. The company seems to be set on securing a stronger foothold in the LNG industry as it has also acquired Whessoe Engineering Limited, an engineering firm specialized in cryogenic tanks and regasification facilities based in United Kingdom. Press Release