KUALA LUMPUR (July 9): Malaysia’s liquefied natural gas (LNG) output and exports are poised for incremental growth, thanks to feed supply growth from new projects, according to BMI.

Projections indicate that Malaysia’s annual LNG production could rise to 32.5 million tonnes in 2024 from 31.3 million tonnes in 2023, the research unit of Fitch Solutions said in a statement. A key driver of the growth is the availability of feed gas for the Petroliam Nasional Bhd (Petronas) liquefaction plant in Bintulu, BMI noted.