Kuala Lumpur, 11 July 2005: About 40 international experts on natural gas, natural gas for vehicles (NGV) and related businesses and technologies will converge in Kuala Lumpur from 26 to 28 July 2005 for the inaugural Asia Pacific Natural Gas Vehicles Association (ANGVA)’s Conference and Exhibition or ANGVA 2005.

The three-day Exhibition and Conference, to be held at the Kuala Lumpur Convention Centre, will be officiated by Malaysia’s Minister of Transport Dato’ Sri Chan Kong Choy. It is jointly organised by ANGVA, PETRONAS and the Malaysian Gas Association and carries the theme of “Natural Gas for Vehicles – The Fuel of Choice”. Continue Reading

CS Mutiara Petroleum Sdn Bhd, a 50:50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301, off the northeast coast of Peninsular Malaysia. The Bunga Kesumba-1 well, located in a water depth of 55 metres, was spudded on 28 May 2005. It was drilled to a total depth of 1,430 metres and encountered multiple gas zones. Further technical evaluation is required to determine the volumes present.

Bunga Kesumba-1 is CS Mutiara Petroleum’s fifth discovery in Block PM301, following the consecutive exploration successes of Bunga Kamelia, Bunga Zetung, Bunga Anggerik and Bumi South. The well is located about 15 kilometres southeast of the Bumi South gas discovery in February 2005. Continue Reading

CS Mutiara Petroleum Sdn Bhd, a 50:50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301, off the northeast coast of Peninsular Malaysia.

The Bunga Kesumba-1 well, located in a water depth of 55 metres, was spudded on 28 May 2005. It was drilled to a total depth of 1,430 metres and encountered multiple gas zones. Further technical evaluation is required to determine the volumes present. Continue Reading

Malaysia LNG Sdn Bhd (MLNG), a subsidiary of PETRONAS, today signed a Sale and Purchase Agreement (SPA) with Hiroshima Gas Co., Ltd. (Hiroshima Gas) to supply up to 82,000 metric tonnes of liquefied natural gas (LNG) to the Japanese company for eight years beginning later this year. The deal increases MLNG’s customer base among the Japanese power and gas companies to 12.The LNG will be supplied from the PETRONAS LNG Complex in Bintulu, Sarawak and will be delivered to Hiroshima Gas’ receiving terminal at Hatsukaichi in Japan on ex-ship basis. Hiroshima Gas is the seventh largest city gas company in Japan in terms of gas sale, supplying primarily to the Hiroshima Prefecture. The company currently imports LNG from Indonesia with an annual volume of 210,000 metric tonnes. Continue Reading