PETRONAS Launches Virtual LNG Pipeline System
(P&GJ) — Malaysian energy firm PETRONAS recently launched its Virtual Pipeline System (VPS) solution via the Regasification Terminal (RGT) in Pengerang, Johor.
The VPS delivers Liquefied Natural Gas (LNG) using trucks fitted with cryogenic tanks to off-grid customers.
Through the VPS solution, PETRONAS provides industries in Peninsular Malaysia that are not connected to the natural gas infrastructure with an option to switch to gas as an alternative form of cleaner energy.
As part of the pilot phase, PETRONAS completed its first delivery of LNG to Continental Tyre Alor Setar Malaysia Sdn Bhd’s manufacturing plant earlier this month.
“Through our VPS solution, we provide a one-stop center for off-grid customers, covering supply, loading facilities and logistic services to ensure that their cleaner energy needs are met,” said Adnan Zainal, PETRONAS Executive Vice President and Chief Executive Officer of Gas and New Energy.
In May, the company signed a deal with China’s Clean Tiger Energy to supply LNG to an ISO tank-filling facility in the eastern state of Sarawak.
At the beginning of the year, PETRONAS signed a 12-year LNG supply agreement with Chinese energy firm Shenergy Group which includes a shipping collaboration to build and charter new mid-sized LNG vessels.
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