MISC Bhd (MISC) has entered into a head of agreement (HoA) with Pengerang LNG (Two) Sdn Bhd (PLNG2SB), a subsidiary of PETRONAS Gas Bhd (PGB), for the supply, operation, and maintenance of a LNG floating storage unit (FSU) at the PETRONAS LNG regasification terminal Pengerang (RGTP) in Johor, Malaysia.
The FSU will be designed to receive shore power to reduce emissions, simultaneously improving operational efficiency. The facility will commence commercial operations by Q2 2025 under a 20-year contract term, with provisions for extension on mutual agreement.
This project is a continuation of the collaboration between MISC and PGB in 2012 to deploy FSU Tenaga Satu and FSU Tenaga Empat at the LNG regasification terminal Sungai Udang, Melaka, Malaysia.