Content2011 - PETRONAS Gas Berhad

Milestones
in the Making
PETRONAS Gas Berhad (PGB) has been in
business for 27 years and still counting. It has
come a long way since its incorporation in
1983 and it would not be an overstatement to
say that PGB has earned more stripes than it
could have possibly imagined in close to three
decades of existence.
Gas processing and gas transmission remain
the fl agship business of PGB. The process
begins at its six Gas Processing Plants located
in Kertih and Paka, operated by the Company’s
Plant Operations Division (POD). Natural gas
from the offshore fi elds of Terengganu is
processed there before being piped into PGB’s
Peninsular Gas Utilisation (PGU) pipeline
which is operated by the Transmission
Operations Division (TOD). TOD is responsible
for the transmission and delivery of sales gas
to customers in the power, industrial and
commercial sectors throughout Peninsular
and East Malaysia.
In 1998, the Company expanded and
diversifi ed the business into manufacturing,
supplying and marketing of industrial utility
products to customers in Kertih Integrated
Petrochemical Complex and Gebeng Industrial
Area through its Centralised Utility Facilities
Division (CUF).
PGB’s technical capability is acknowledged
when the Company, given a strong track record
in gas transmission operations and project
management, entered into an agreement with
PETRONAS Carigali Sdn. Bhd. for the provision
of project management and execution services
for the Sabah-Sarawak Gas Pipeline Project.
The Company’s vast experience in the
operations of industrial utility products which
included power generation via its CUF was the
key to unlock the door to the world of power
producing. In 2009, PGB’s business landscape
has further evolved to include the generation
of electricity with the formation of Kimanis
Power Sdn. Bhd., a joint venture company
with Yayasan Sabah. The entity was set up
to develop a 300 megawatt gas power plant
in Kimanis to meet the growing demand for
electricity in the state of Sabah.
PGB’s business and technical credentials were
further reaffi rmed when it entered into an
agreement with PETRONAS to construct the
country’s fi rst ever LNG Regasifi cation Facilities
in Sg. Udang, Melaka. The project is expected
to be completed and commercially operational
in mid 2012. The facilities would be a gateway
4 petronas gas berhad (101671-h)
for the entry of gas sourced worldwide, which
would address the nation’s energy supply
challenges. It is also a signifi cant factor to
complement the Company’s Third Party
Access (TPA) initiative where the PGU pipeline
will be opened for external gas shippers other
than PETRONAS to transport gas molecules
from readily available sources.
It will be interesting times ahead for PGB,
especially now that the Company has
entered into the 4th Term Gas Processing
and Transmission Agreement (GPTA) with
PETRONAS. This new and improved addendum
to the agreement ensures that the Company is
strategically positioned to leverage on current
and new ventures which promises an era of
invigorating and perennial growth.
Growth and progress for PGB also means
growth and progress for the nation. PGB new
ventures, particularly the LNG regasifi cation
and independent power producing, have
redefi ned PGB’s business portfolio. It is the
beginning of an evolution.