Malaysia’s national energy behemoth Petronas has lifted the force majeure on gas supplies to MLNG Dua, one of four liquefaction projects that comprise the 29 million-plus tonnes per annum nine-train Petronas LNG Complex at Bintulu, Sarawak.
Papua New Guinea’s Kumul Petroleum still has its sights on acquiring further equity in the ExxonMobil-operated PNG LNG project from largest shareholder Santos, again extending the deadline to complete the $1.4 billion deal as it has yet to secure the necessary financing.