Invensys Operations Management has signed a US$ 12.4 million contract to upgrade and modernise a distributed control system (DCS) for Malaysia Liquefied Natural Gas Sdn. Bhd. (MLNG). The major upgrade will provide a continuously current DCS, sustain the productivity and safety of MLNG's liquid natural gas operations in Bintulu, Sarawak, Malaysia. The project is expected to be completed by 2014.
Terence Chan, Managing Director, Invensys Operations Management, ASEAN, Japan and Taiwan, said, "This upgrade is key to help MLNG meet growing demand and its vision for world-class safety and productivity excellence."
"LNG trading volume is projected to significantly increase during the next 10 years as countries worldwide aggressively adopt it as a more environmentally friendly energy resource and as industrialising nations continue to demand reliable access to it," said Medan Abdullah, Managing Director, MLNG.
The Gas Exporters Forum (GECF) have predicted that natural gas demand may not recover back up to 2009 levels until 2015, but many countries are continuing to invest in LNG facilities. There has been more positive speculation though, Shell officials have predicted that demand for natural gas could rise by as much as 50% to 4.5 trillion m3 by 2030.
The Bintulu LNG Complex houses the MLNG, MLNG Dua and MLNG Tiga plants. It has a combined capacity of about 23 million tpy, and together with ancillary facilities which include six LNG storage tanks and two loading jetties, it is currently one of the world's largest LNG production facilities.
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