Gas Malaysia receives approval for Yan LNG terminal Change Malaysia’s Energy Commission issued a letter to proceed for Gas Malaysia to develop an offshore floating storage and regasification unit in Yan, Kedah. Why it matters The facility is planned as an offshore floating storage and regasification unit sited west of Pulau Bunting in Yan, Kedah. Planned capacity is up to six million tonnes per annum. Current development cost estimates range between MYR2 billion and MYR3 billion. Next implementation steps are detailed engineering, site preparation, and progression of financing arrangements, with the funding method to be determined later and the company board having accepted the letter to proceed. bairdmaritime.com · Mar 19 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
