Malaysia-based Kasi Group announced the launch of an LNG bunkering simulator in the country. According to the company’s Executive Director it will be Malaysia’s first LNG bunkering simulator.
Specifically, Kasi’s Executive Director, Benjamin Nair, during the ‘Experiences in Developing a Technology-Based Company in Sabah’ event, informed that the simulator is expected to have a global release in the next month.
The (simulator) developer will be flying in to Sabah and we will do the global release of the LNG bunkering simulator here – believe it or not – here in Kota Kinabalu.
Also, Malaysian Johor Port signed a Marine Services Agreement with Petronas LNG (PLL), aiming to enable the provisioning of marine services and attractive tariff for vessels that receive Gassing Up and Cooling Down (GUCD) services at PLL’s Regasification Terminal Pengerang (RGTP).
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Recently, WookMac reported that according to research Malaysia provides some of the most material and attractive upstream investment opportunities in Southeast Asia, primarily because of the need for additional gas supply. Also, during the research, out of the 11.2 billion barrels of oil equal discovered in Southeast Asia through that period, about 50% was found in Malaysia, highlighting its important exploration possibility.
