January 2015

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HP Boxscore Construction Analysis: Malaysia embarks on ambitious downstream transformation program

Goals include more production at offshore fields, as well as constructing downstream projects in Pengerang, Bintulu and the launch of the world’s first floating LNG vessel.

Nichols, Lee, Hydrocarbon Processing Staff

Malaysia is the third-largest natural gas reserves holder in the Asia-Pacific region and the second-largest oil and natural gas producer in Southeast Asia. Proven natural gas reserves are just under 85 Tcf. According to the US Energy Information Administration (EIA), Malaysia’s dry natural gas production has increased steadily, reaching 2.3 Tcf in 2012. The majority of natural gas production comes from two areas: the Malaysia-Thailand Joint Development Area (MTJDA) and offshore Sarawak. The MTJDA covers 2,800 mi2 in the lower part of the Gulf of Thailand. This area contains proven natural gas reserves of nearly 10 Tcf. Most of Malaysia’s natural gas reserves are located in the

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