Malaysia's Petronas appears keen on contracting a third FLNG unit.

CEO Adnan Zainal Abidin told Bernama that the company could sign off on an additional vessel as long as the size and gas composition of the target reservoir justified it.

“The FLNG vessel can also be built near shore [to develop an onshore reservoir] especially in politically sensitive countries," he added.

"In case there is a need to move out, you can have the plant moved away.”

He believes the company’s experience in developing the first two units meant a third FLNG would be cheaper.

“Whenever we find gas, we have the option to monetise it. So this gives us a new play to remain relevant in the LNG market,” he said.

Meanwhile, Petronas is on track to launch its second FLNG unit towards the end of next year, Newsbase reported.

The CEO of its subsidiary PFLNG, Abang Yusuf Abang Puteh, said the 1.5 million tonne per annum PFLNG Dua was expected to start commercial operations in November 2020 after leaving Samsung Heavy Industries in South Korea in February 2020.

The unit will process gas from the deepwater Rotan gas field for at least 15 or 16 years.