Green Oscasabah Sdn. Bhd. (Registration no. 200001009361 (511967-H)) (GOSB) which incorporated on the 20th April 2000 in Kota Kinabalu, Sabah has the intention to develop LNG FSU Terminal in Sabah. During the year 2019, GOSB had obtained the State Government Approval and No Objection Letter to develop LNG FSU Terminal in Lahad Datu, Sabah. Lahad Datu is poised to be the strategic LNG hub in the region as it is located near the Lombok strait shipping route, protected by the natural breakwater and has sufficient sea depth for LNG carrier mooring. In addition, the company also had obtained the Manufacturing License Approval for Liquefied Natural Gas (LNG)/ Regasification under the Industrial Coordination, Act 1975 (Act 156) and Permit under the Petroleum Development Act 1974 from MITI to carry out petroleum activities in Malaysia. The company also received endorsement from Suruhanjaya Tenaga Malaysia to proceed with the LNG FSU Terminal at Lahad Datu, Sabah. Subsequently, on the 5th April 2023, GOSB obtained the Final Marine Traffic Risk Assessment (MTRA) Approval for the proposed LNG Floating Storage and Regasification Terminal near POIC Lahad Datu, Sabah from Jabatan Pelabuhan dan Dermaga Sabah (“JPDS”), which required project to advance to Development plan and Environmental assessment.

The proposed LNG Terminal will import LNG from abroad for distribution in the East Coast of Sabah covering Refineries, Energy sector, LNG Bunkering, Transportation and Other Industries. Thus, to ensure successful project implementation, GOSB will collaborate with LNG Alliance Pte Ltd, a Singapore based company that own and operates Amigo LNG in Mexico as a strategic co-investor and co-developer.

Whereas, the proposed LNG FSU Terminal will comprise of 137K LNG Floating Storage Unit (FSU), Jetty & Mooring System, Small LNG Shuttle, LNG Trailer, LNG Satellite Plant and LNG Fueling Station. The proposed LNG FSU storage capacity near POIC Lahad Datu is 55,000 ton, if 900 ton/day LNG consumption the LNG FSU Storage will have 61 days holding time based on 100% operation. Whereas, the License and Permit approval for Liquefied Natural Gas (LNG)/ Regasification from MITI, allow GOSB to handle up to 584,000 ton of LNG per annum. The LNG cargo will be transported by 125K LNG Carrier to the LNG FSU Terminal at Lahad Datu, Sabah. Ship to Ship transfer method using flexible hoses will be used to transfer the LNG from LNGC to FSU. Thereafter, LNG is transferred from the FSU back to shore via the floating cryogenic hoses. In case of onshore LNG satellite plant near coastal area, FSRU will be considered to transfer natural gas directly to LNG satellite plant using NG pipeline, otherwise GOSB also will adopt Virtual Pipeline System to transfer the LNG and regasification at designated LNG satellite plant near the customer site.

Meanwhile, GOSB is in the midst of Pre-qualifying potential EPC to prepare final FEED for the proposed LNG FSU Terminal. Once the FEED is accepted by GOSB, it will roll to the EPC stage.