Skip to content
Back to Guavy Wire
Commodities

Petros and Höegh Evi Join Forces on Kuching LNG Terminal

Instruments
Natural Gas
Share

Petroleum Sarawak Bhd (Petros) has partnered with Höegh Evi to develop the Kuching liquefied natural gas (LNG) terminal as part of the Kuching Low-Carbon Hub (KLCH).

The proposed terminal will be Sarawak's first LNG regasification facility, delivering natural gas directly to Kuching and surrounding areas to support growing energy demand and strengthen the state's energy security.

'By establishing a reliable gas supply to Kuching, the LNG terminal will serve as a key catalyst for KLCH, supporting power generation and laying the foundation for wider industrial development,' Petros said in a statement.

The partnership combines Petros' role as KLCH master developer with Höegh Evi's international experience in developing and operating floating storage and regasification units (FSRUs) and maritime energy infrastructure.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc