Sabah Gas Industries Sdn Bhd was a state owned holding company based in

Labuan Labuan (), officially the Federal Territory of Labuan ( ms, Wilayah Persekutuan Labuan), is a Federal Territory of Malaysia. Its territory includes and six smaller islands, off the coast of the state of Sabah in East Malaysia. Labuan's capit ...

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

. It was established in 1982 by the

Government of Sabah The Sabah State Government is an authority governing Sabah, one of Borneo states of Malaysia, based in Kota Kinabalu, the state capital. The state government adheres to and is created by both the Federal Constitution of Malaysia, the supreme law ...

for the

downstream Downstream may refer to: * Downstream (bioprocess) * Downstream (manufacturing) * Downstream (networking) * Downstream (software development) * Downstream (petroleum industry) * Upstream and downstream (DNA), determining relative positions on DNA ...

operations of Sabah natural gas resources. The company owned and operated a 660,000-tonne per year

methanol Methanol (also called methyl alcohol and wood spirit, amongst other names) is an organic chemical and the simplest aliphatic alcohol, with the formula C H3 O H (a methyl group linked to a hydroxyl group, often abbreviated as MeOH). It is a ...

plant, a 600,000-tonne per year

sponge iron Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas or elemental carbon produced from natural gas or coal. Many ores are suit ...

factory, and a 79 MW natural gas-fired power station, all commissioned in 1984, after the gas pipeline from the offshore gas fields became operational. The industries were supplied by natural gas from the Erb West and Samarang offshore fields. In the beginning of the 1990s, due to financial difficulties, the company was put for privatisation. In 1992, the methanol plant was sold to

Petronas Petroliam Nasional Berhad (National Petroleum Limited), commonly known as Petronas, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with all oil and gas reso ...

and operates today as

Petronas Methanol (Labuan) Sdn Bhd Petronas Methanol (Labuan) Sdn. Bhd. (PMLSB) is a subsidiary of Petronas. It was formed in 1992 when Petronas bought the methanol plant from Sabah Gas Industries. The plant was commissioned under Sabah Gas Industries in 1984 to produce Grade ...

. The power station was sold to

Sabah Electricity Sabah Electricity Sdn. Bhd. (SESB) is a Sabah electrical company that generates, transmits and distributes electricity mainly in the state of Sabah and the Federal Territory of Labuan. It supplies electrical power to 413,983 customers distribut ...

. The sponge iron factory was bought by the affiliated companies of the today's

Lion Group Lion Group Malaysia is headed by chairman and chief executive officer William Cheng. Cheng's grandfather founded Lion as a small trading company in Singapore after leaving China in the 1920s. It became Malaysia's biggest steel manufacturer afte ...

. The plant operates today as Antara Steel Mills Sdn Bhd.

References

Defunct energy companies of Malaysia Chemical companies of Malaysia Steel companies of Malaysia Electric power companies of Malaysia Energy companies established in 1982 Companies disestablished in 1992 Malaysian companies established in 1982 1982 establishments in Malaysia 1992 disestablishments in Malaysia {{Malaysia-company-stub

See also

References