Malaysia
Block SK10 has been another of NOEX's key operations since its acquisition in 1987. Operator and NOEX subsidiary JX Nippon Oil & Gas Exploration (Malaysia) has been involved in the ongoing exploration and development of the block, including the production of natural gas. Natural gas produced from the block is exported in the form of liquefied natural gas (LNG) to various countries including Japan.
Project Summary:Helang Gas Field
JV Participants and Interests
Helang Gas Field and Layang Gas Field (SK10)
| Company Holding the Acreages | ◎JX Nippon Oil & Gas Exploration (Malaysia) Limited |
|---|---|
| Shareholders (Holding Percentages) | JX Nippon Oil & Gas Exploration Corporation (78.7%) INPEX Corporation (15.0%) Mitsubishi Corporation (6.3%) |
| Project Status | Development/Production |
| Interest | 75.0% |
| Partners (Interest) | Petronas Carigali (25.0%) |
| Net Production | 20,000 BOED |
Note: ◎ operator
The Full LNG Chain
Natural gas produced from Block SK10 offshore Sarawak is transported through subsea pipeline to the liquefaction plant in Bintulu, Sarawak, where it is converted to liquefied natural gas (LNG). The plant is owned by Malaysia LNG Tiga Sdn Bhd, in which ENEOS Group has a 10% interest. By being involved in the full LNG chain of exploration, development, production and marketing, ENEOS Group is contributing to the stable supply of LNG to LNG-consuming countries, including Japan.
LNG: An Efficiently Stored and Transported Fuel
LNG is a form of natural gas consisting chiefly of methane. It is liquefied by refrigeration to minus 160 degrees Celsius after impurities such as water, sulfur and carbon dioxide have been removed. During liquefaction the volume of natural gas is reduced to 1/600, allowing LNG to be efficiently transported and stored. In Japan, LNG is primarily used by power companies for power generation and by city gas companies for gas supply to the local market.
Project History
JX Nippon Oil & Gas Exploration (Malaysia) Limited
Helang Gas Field and Layang Gas Field (SK10)
| 2003 November | Started production at Helang gas field |
|---|---|
| 1990 November | Discovered Helang gas field in Block SK10 |
