Petronas Completes 3rd LNG Break Bulking STS Transfer

Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas),  has completed its second liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer  to two buyers.

The LNG break-bulking STS transfer took place in Brunei Bay, Sabah, Malaysia. It is the first for Petronas in expanding its customer base by providing solutions to two buyers, said the national oil and gas company.

According to a report in Bernama, the delivering vessel, Seri Bijaksana, transferred 80,000 m3 of LNG to LNG vessel, Polar Spirit and 62,000 m3 to Lerici, which then made their separate deliveries to two separate receiving terminals in China.
 
Petronas completed its first LNG STS break-bulking operation in June 2018, and the second in April 2019.

Petronas Executive Vice President & Chief Executive Officer of Gas & New Energy Business, Adif Zulkifli said: “Petronascontinues to demonstrate its flexibility and adaptability to succeed in the changing and dynamic LNG market place. The third successful STS transfer operation is a testimony of our commitment to address customer demands.”
 
“This could only be achieved through Petronas’ unique business models which allow us to customize our solutions according to our customers’ requirements; especially when the market is moving towards mid-sized cargo requirements, or smaller parcels of LNG. By remaining focused in providing innovative solutions to meet customer demands, Petronas is able to continue its on-time and on-schedule LNG delivery for more than 35 years and counting,” he added.