Labuan Crude Oil Terminal

And labuan gas terminal respectively in labuan.

Labuan crude oil terminal. Covering an area of about 250 acres with a capacity to handle up to. Virtually all of its commodities including crude oil methanol hbi gas flour animal feed sea products and ceramic tiles are exported either to peninsular malaysia or overseas. Offshore sabah malaysia. All associated equipment and assets related to the psc including the labuan crude oil terminal.

12 october 2016 completion date. This email address is being protected from spambots. Since labuan is a designated area a the importation of crude oil and gas from the well in malaysian waters principal customs area into labuan is subject to gst at a zero rate and b the importation. The importation of such crude oil and gas into labuan must be declared in customs form no 1.

Labuan crude oil terminal lcot operated by sspc is a facility that receives dehydrates stores and exports crude from fields located offshore sabah which are operated. Labuan crude oil terminal lcot it was constructed by shell to receive wet crude oil production from numerous of sabah offshore production platforms which are operated by petronas carigali sdn bhd. Labuan is a very much an import export oriented economy. Jalan kiamsam 87007 labuan.

See 9 photos and 7 tips from 102 visitors to labuan crude oil terminal. Barakah offshore petroleum s subsidiary pbjv group has received the letter of award loa from sabah shell petroleum company sspc to provide effluent discharge pipeline replacement for labuan crude oil terminal. Labuan crude oil terminal lcot shareholders. It is designed to handle 300 000 barrels of oil a day and 1 25 billion cubic feet bcf of gas a day.

The new terminal is needed because crude oil terminal labuan and natural gas terminal kg gayang do not have sufficient capacity to handle oil and gas production from new fields. Labuan crude oil terminal victoria labuan. 1 january 2017. 31 march 2018.

The sabah terminal became operational in december 2013. The economy of labuan thrives on its vast oil and gas resources and international investment and banking services. Sabah oil and gas terminal sogt is a terminal located in kimanis sabah of malaysia the terminal handles the production of oil and gas from the west coast field in south china sea facing the western coast of sabah which covering the operations of sabah gas terminal labuan crude oil terminal and the labuan gas terminal.