AsianOil: Genting awards $1bn FLNG deal to Wison New Energies

Malaysia’s Kuala Lumpur-based Genting has awarded a $1bn contract to China’s Wison New Energies for the construction of a floating liquefied natural gas (FLNG) facility, to be stationed at Teluk Bintuni in West Papua, the company announced on June 20.

Wison has established itself as a leading provider of all forms of clean energy technological services, particularly in the FLNG and floating wind power sectors.

The facility is projected to have an annual capacity of up to 1.2mn tonnes with the contract duration estimated to be around 27 months, the company added in a statement. The initial production of LNG from the facility is anticipated in the third quarter of 2026, marking Indonesia's first FLNG facility and the world's ninth, according to the company.

"The feed gas for the FLNG facility shall be supplied from the Asap, Merah and Kido structures within the concession area of the Kasuri Block in West Papua," Malaysia’s Business Times noted.

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