Sarawak region holds key to Malaysia’s future LNG plans
Several factors, such as multiple pipeline breakdowns in Sabah and Sarawak, as well as the delay of the final investment decision on the Kasawari project, have caused a short-term supply crunch at the Buntulu MLNG plant. This shortage expects to persist until at least 2025. It represents a golden opportunity to quickly bring gas supply onstream
The most prospective basins for new discoveries and undeveloped gas resources in Malaysia are in offshore Sarawak. Consultant Wood Mackenzie estimates there is 17 trn cu ft of discovered and undeveloped gas that is commercially viable in this region alone