MISC Berhad (MISC) has signed a Heads of Agreement (HOA) deal with Pengerang LNG (Two) Sdn. Bhd. (PLNG2SB), a subsidiary of Petronas Gas Berhad (PGB). This collaboration is focused on the supply, operation, and maintenance of a liquefied natural gas (LNG) floating storage regasification unit (FSRU) destined for deployment at the Petronas LNG Regasification Terminal Pengerang (RGTP) in Johor, Malaysia.
The project builds on the successful partnership between MISC and PGB in 2012, which led to the deployment of FSU Tenaga Satu and FSU Tenaga Empat at the LNG Regasification Terminal Sungai Udang, Melaka.
At the heart of this venture is the conversion of MISC’s LNG Carrier, Puteri Delima Satu, into an FSRU – a facility designed to receive shore power, aiming to reduce emissions and enhance operational efficiency.
Set to become commercially operational by the second quarter of 2025 under a 20-year contract term, the agreement also includes provisions for extension based on mutual agreement.
