Malaysia retains position as 5th largest LNG exporter in 2023

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Energy News

MGA,International Gas Union,World LNG Report

Singapore is looking forward to “more win-win projects” with Malaysia, said Prime Minister Lawrence Wong in a Facebook post on the 100th anniversary of the Johor-Singapore Causeway on June 28.

An LNG ship loads gas to a cruise ship in Barcelona, Spain, January 29, 2024. - REUTERS/Albert Gea/File Photo

"The Kasawari gas field in Malaysia with 3.7 million tonnes per annum carbon dioxide capacity is listed as one of the LNG-linked carbon capture, utilisation and storage projects, with a carbon capture facility sourcing CO2 from the upstream or liquefaction components of LNG projects as another emissions mitigation measure.

"The region also remained the largest importing region with 155.32 MT for LNG, where the inter-regional trade was at 95.0 MT in 2023,” it added. Meanwhile, Malaysian Gas Association president Abdul Aziz Othman said the MGA recognises the crucial role LNG will play in Malaysia’s energy transition roadmap, which anticipates gas demand increasing from 43 per cent to 56 per cent by 2050.

MGA International Gas Union World LNG Report Liquefied Natural Gas

 

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