Labuan Crude Oil Terminal

Labuan crude oil terminal lcot shareholders. 1 january 2017. 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.

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Jalan kiamsam 87007 labuan.

Labuan crude oil terminal. 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. See 9 photos and 7 tips from 102 visitors to labuan crude oil terminal.

The economy of labuan thrives on its vast oil and gas resources and international investment and banking services. The sabah terminal became operational in december 2013. A good working enviroment.

Crude oil product trading. All associated equipment and assets related to the psc including the labuan crude oil terminal. Sabah shell petroleum company limited royal dutch shell plc activity since.

It is designed to handle 300 000 barrels of oil a day and 1 25 billion cubic feet bcf of gas a day. Sea hibiscus sdn bhd. 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.

31 march 2018. Labuan crude oil terminal victoria labuan. 12 october 2016 completion date.

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. The north sabah psc includes 20 offshore platforms across four producing fields in the south china sea off the west coast of sabah and the labuan crude oil terminal in malaysia s labuan federal. Covering an area of about 250 acres with a capacity to handle up to.

Offshore sabah malaysia. This email address is being protected from spambots. Our market leading position is built upon long term relationships on our expertise market understanding focus on solutions and reputation for reliability.

Vitol has been trading oil and petroleum products for over 50 years.