Petronas presses ahead with Sabah LNG
The project is another sign of the industry’s growing adoption of floating liquefaction technology
Malaysian NOC Petronas is going ahead with plans to build a 2mn t/yr FLNG plant in Sabah and expects to complete the work in 2027. The plant will be Malaysia’s third floating liquefaction unit—Petronas already operates the Satu and Dua FLNG facilities—and will increase the NOC’s FLNG capacity in its home country to 4.7mn t/yr. Sabah will also be the first nearshore FLNG facility in the world. Petronas has previously stated that the nearshore location makes design and construction easier, as the site is protected in a bay, rather than being in open waters. The NOC has awarded the project’s engineering, procurement, construction and commissioning contract to a consortium comprising South Korea
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026






