The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.
The statement noted: “Rectification and start-up activities to resume operations at the affected modules are currently in progress. MLNG is focusing all efforts to minimise any impact and fulfil its contractual commitments.” Industry sources indicated on Thursday that the disruption stemmed from boiler-related issues, but buyers reported that supply commitments are expected to remain unaffected.
The Bintulu complex is Petronas’ primary liquefied natural gas (LNG) facility, boasting an annual production capacity of 29.3 million metric tons. It plays a significant role in Malaysia’s energy sector, supporting the country’s position as a key player in the global LNG market.
Last year, Malaysia ranked as the world’s fifth-largest LNG exporter, shipping approximately 28 million tons of LNG, primarily to markets in Japan, China, and South Korea, according to data from Kpler. The Bintulu facility is central to these export activities, ensuring a steady supply of the super-chilled fuel to meet international demand.
Petronas remains committed to restoring full operations at the Bintulu complex swiftly, prioritizing both operational efficiency and its obligations to customers. The ongoing repairs are aimed at minimizing disruptions while maintaining the facility’s critical role in Malaysia’s energy export strategy.