PETRONAS Gas to Develop RGT-3 in Lumut, Plans Joint Venture
Petronas Gas Bhd is set to develop the Third Regasification Terminal (RGT-3) in Lumut, Perak, following a notification from the Ministry of Economy on April 30, 2026. This initiative marks the first use of a floating storage and regasification unit (FSRU) in Malaysia, which could enhance LNG supply and infrastructure efficiency in the region.
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Petronas Gas Bhd (PGB) will develop the Third Regasification Terminal (RGT-3) in Lumut, Perak, as per a notification from the Ministry of Economy dated April 30, 2026. The project will utilize the floating storage and regasification unit (FSRU) concept, where LNG storage and regasification will occur on the FSRU.
Regasified LNG will be connected to the Peninsular Gas Utilisation (PGU) system via pipeline. PGB is also seeking a potential partner for joint development. The deployment of FSRU in this project may significantly transform LNG logistics in Malaysia.
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