Sunday 17 Nov 2024
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KUALA LUMPUR (Jan 7): Petroliam Nasional Bhd (Petronas) said today its subsidiary Petronas Carigali Sdn Bhd (PCSB) has taken over the operatorship of the E11 gas hub, located 130km offshore Bintulu, Sarawak from Sarawak Shell Bhd (SSB), which had operated the hub for the past 38 years.

In a statement today, Petronas said the E11 gas hub has been producing gas since 1982 under the MLNG production sharing contract.

"Today marks a significant milestone for PCSB as the operator of the E11 hub which is pivotal in ensuring reliable, stable and cleaner energy supply to the market, while continuing to develop Sarawak as a regional gas hub," Petronas vice president of Malaysia assets Bacho Pilong said in the statement.

He said SSB and Petronas had implemented all the necessary activities since July 2019 to ensure a smooth handover of the E11 gas hub.

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