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Malaysia to lead global offshore natural gas production from upcoming projects in 2025, says GlobalData

Malaysia to lead global offshore natural gas production from upcoming projects in 2025, says GlobalData Malaysia is expected to contribute about 12% or 3.1 billion cubic feet (bcf) of global natural gas production in 2025 from key offshore planned and announced projects (new-build projects) that are expected to start operations between 2021 and 2025, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Global Offshore Upstream Development Outlook, 2021–2025’ reveals that 2.0 bcf of natural gas production in Malaysia in 2025 is expected from planned projects with identified development plans, while 1.0 bcf is expected from early-stage announced projects that are undergoing conceptual studies and are expected to get approval for development. A total of 19 natural gas projects are expected to start operations in Malaysia during 2021-2025. Of these, Kasawari, Jerun and B14 are some of the key projects that are expected to collectively contribute

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