KUALA LUMPUR : Sabah Energy
Corporation Sdn Bhd is subscribing for a stake in Petronas Gas Bhd's unit which
will undertake the construction and development of the LNG regasification
facilities in Lahad Datu, Sabah.
PetGas said on Monday Sabah
Energy would subscribe for one share of RM1,000 in Regas Terminal (Lahad Datu)
Sdn Bhd (RGT).
"The agreement further
provides for Sawarak Energy with the option of subscribing up to 20% of the
equity of RGT within a stipulated time period," it said.
PetGas said RGT would be
responsible for the overall coordination and strategic management of the
project during the development stage and will also own, operate and maintain
the facilities.
The facilities are scheduled
to be completed in 2015 and will have a send out capacity of 760,000 tonnes per
annum.
PetGas said within one month
from the date of the agreement, RGT's issued and paid up capital would be
increased to RM100,000, comprising of 100 shares of RM1,000 each, where PetGas
would subscribe an additional 97 shares and Sarawak Energy one share.
"The option period for
Sarawak Energy to subscribe up to 20% of the equity of RGT is up to 12 months
of the commercial operation date of the facilities, failing which, the
subscribed share by Sawawak Energy up to the said date as well as the right to
subscribe to the 20% equity will revert back to PetGas," it said.(TheSTAR)
Kerjasama sememangnya baik untuk memastikan sesuatu usaha itu akan berjaya sepenuhnya.
ReplyDeletekerjasama dpt memastikan ia berjalan lancar.
DeleteIt sad to hear that power thefts in Tawau are getting higher.
DeleteCooperation is fully needed.
DeleteSemoga Sabah Energy akan cuba yang terbaik dengan kerjasama dengan pihak yang lain yang lebih berpengalaman.
ReplyDeletelakukan yang terbaik.
DeleteYes, I do hope that the government will help SESB in dealing with those problems.
DeleteIt is hoped that after the construction and development of the LNG reclassification facilities in Lahad Datu in 2015, the facility can help resolve the power woes in the state.
ReplyDeleteHopefully it will be done asap.
DeleteThe facilities can send out 760,000 tonnes annually, I'm sure that this could help bring a significant improvement to the electricity shortage problems in Sabah.
ReplyDeleteI think SESB should draw up guidelines to ensure the implementation of reducing the number of power thefts succeed.
ReplyDeletePetronas has allocated RM1b in capital expenditure for its Liquefied Natural Gas (LNG) regastification terminal in Lahad Datu.
ReplyDelete