Force Majeure related to Bintulu MLNG in Malaysia

纪念下和大老板商讨之后的结果。

一个七十多岁的老爷子那笔和纸手算都比我敲计算器快，于是后面我摆烂了，就不算了。。检讨下，下次还是不能输给老爷爷。

https://www.theborneopost.com/2022/10/11/gas-pipeline-leakage-minimal-to-bintulu-port/

In this article, it is said that "The research firm noted that assuming 60 days of disruption, there will be a shortfall of up to one million tonnes of LNG in financial year 2022 (FY22), which will only reduce Bintulu Port’s earnings by 2.1 per cent." This article mostly aims to calm investors so that it assumes 60 days. If there is one-year disruption, it will reduce around 6 million tons a year. Therefore, I reduce capacity from 29.3 mtpa to 23.3, assuming it will reach the full capacity in Jan 2023 after 90 days of disruption.

Another reference is NGI report in Oct 7th, 2022. 

NGI seems not to include the 4th project called MLNG T9 since it is said "...produce 25.7 million metric tons/year...." (25.7 = Satu + Dua + TIga)

While including the 4th project, it reaches 30 mmty.

"...reduce that to 75%...". 25% of 25.7 is close to 6 mtpa, thus our assumption is ensured by this report.

And please note that MLNG (LNG023) Dua and PFLNG Dua (LNG249) are not the same project although they both have Dua. MLNG Dua is the second project of MLNG.

Malay    ->            English

Satu                       One

Dua                        Two

Tiga                        Three

PFLNG Dua is a totally different project. Below is from GIIGNL.