KUALA LUMPUR (Feb 22): Petronas Gas Bhd (PGB) has approved a final investment decision for the construction of a new lateral gas pipeline costing RM541.07 million.
In a filing with Bursa Malaysia today, the gas infrastructure and utility company said the pipeline is approximately 42 kilometres and will utilise gas tapped from the existing Peninsular Gas Utilisation (PGU) II pipeline network.
It said the natural gas will be transported to a prospective 1,200 megawatt gas-fired, combined-cycle gas turbine power plant in Pulau Indah, Selangor, which requires a supply of approximately 137 million standard cubic feet, and to the related industrial areas along the route.