KUALA LUMPUR: Bumi Armada Bhd’s liquefied natural gas (LNG) floating storage unit (FSU), Armada LNG Mediterrana, has achieved its first LNG in Malta last week, on 16th January 2017. “This project represents the company’s maiden floating LNG project and heralds the start of a partnership between ElectroGas Malta Limited (EGM) and Bumi Armada in delivering energy resource that leads to a lower carbon future, cleaner air in metropolitan areas, and a prosperous economic future for the people of Malta,” Bumi Armada said in a statement. Bumi Armada executive director and chief executive officer Leon Harland said when discussions on the Malta LNG project began, many in the industry believed that Malta’s gas demand was not sufficiently substantial for the project to be economical. Bumi Armada is well placed to leverage on its expertise in floating production systems to bring competitive solutions to its clients,” he added. Bumi Armada, the fifth largest FPSO player in the world, has a presence in over 17 countries spread across five continents, supported by over 1,600 people from over 30 nationalities.

Source: New Strait Times January 24, 2017 12:17 UTC