Petronas Conducts Its First LNG Break Bulking STS Transfer

PETRONAS LNG, a subsidiary of Malaysian oil company PETRONAS, has delivered its liquefied natural gas (LNG) cargo through its maiden break bulking ship-to-ship (STS) transfer in Brunei Bay.

The cargo from Malaysia LNG (MLNG), Bintulu was transferred from the ‘mother’ vessel, Seri Bijaksana to the ‘daughter’ vessel, SS Lucia Ambition, where the cargo from SS Lucia Ambition and remaining cargo in Seri Bijaksana will subsequently be delivered to respective buyers.

“As the LNG market becomes more liquid and with the emergence of new markets and non-traditional buyers who face operational constraints at their terminals, PETRONAS is committed to supporting the growth of these markets through providing innovative and flexible operational solutions such as LNG break bulk services via STS,” Ahmad Adly Alias, PETRONAS Vice President of LNG Marketing & Trading, said.

Adly added that today’s Asian buyers prefer to grow their LNG business gradually, by importing smaller parcels of LNG, moving away from the traditional mode of long term supplies over a specific term.