Milestones

1978 June Incorporation of Malaysia LNG Sdn Bhd (MLNG) for liquefaction and marketing of LNG produced at Bintulu and commencement of MLNG Satu Project.
1982 August Establishment of the Company for the smooth delivery of LNG from Malaysia.
(100% owned by Mitsubishi Corporation (MC))
  December Service Agreement for MLNG Satu Project signed between MLNG and JAMALCO.
Completion of the liquefaction plant of MLNG Satu Project (3 trains) in Bintulu.
1983 January LNG Sales and Purchase Agreement between MLNG and Tokyo Electric and Tokyo Gas for 20 years duration as the first Sales and Purchase Agreement of all MLNG Projects.
  February LNG delivery from MLNG to Tokyo Electric and Tokyo Gas as the first delivery of all MLNG Projects.
1985 March Capital participation of PETRONAS Trading Sdn Bhd (PETCO), a Malaysian Company 100% owned by PETRONAS, Shell Kosan Kabushiki Kaisha (SHELL),
now known as Shell Japan Ltd. 65% of 60,000 shares (increased from 20,000
in September 1984) transfer from MC to PETCO and 17.5% transfer from MC
to SHELL based on Share Transfer Agreement between PETCO, MC and SHELL.
(PETCO 65%, SHELL 17.5%, MC 17.5%)
1992 June Commencement of MLNG Dua Project for the expansion of MLNG Projects with the additional liquefaction plant construction plan (3 trains) in Bintulu.
1995 February Appointment of the Company by MLNG as the service provider to support MLNG Dua Project.
  June Share Transfer Agreement between PETCO, SHELL and MC in accordance with MLNG Dua Project commencement.  (PETCO 70%, SHELL 15%, MC 15%)
  November Commencement of MLNG Tiga Project for the expansion of MLNG Projects with the additional liquefaction plant construction plan (2 trains) in Bintulu.
1996 January Completion of the liquefaction plant of MLNG Dua Project (3 trains) in Bintulu.
2002 February Appointment of the Company by MLNG as the service provider to support MLNG Tiga Project.
2003 October Completion of the liquefaction plant of MLNG Tiga Project (2 trains) in Bintulu.
  December Share transfer of all the shares owned by MC and SHELL to PETCO based on the Share Transfer Agreement of March 1985. (100% owned by PETCO)
2004 September Reentry of MC and SHELL as the Company’s Shareholders in accordance the transfer of 7% each of issued shares from PETCO.
2012 January Share transfer from PETCO to PETRONAS LNG Sdn Bhd(PLSB), a Malaysian Company 100% owned by PETRONAS due to PETRONAS group’s reorganization.