Petronas—made for the sea
Petronas's new floating LNG platform is up and running—and hopes to take a slice of the burgeoning maritime-fuel market
Malaysia's state-owned Petronas is pursuing maritime and other new markets for its liquefied natural gas after substantially boosting capacity with the commissioning of its first floating facility in April. Hardly had the first cargo been loaded from the platform located above the Kanowit field in offshore Bintulu, Sarawak, than the group signed an arrangement with the Gas4Sea consortium to push LNG as a marine fuel for the fast-developing gas-powered shipping fleet. "Petronas is looking at ways to further promote the consumption of LNG beyond the existing markets and advocating it as a marine fuel as a new frontier," says the group's LNG chief executive, Ezhar Yazid Jaafar. The Malaysian fi
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
