We are pleased to see the announcement that Sabah-owned Sabah Energy Corporation Sdn. Bhd. (SEC) has acquired a PETRONAS gas contract and its related gas pipelines on 11 October 2022. The Lantau Group (TLG) Principal Azrina Abdul Samat and Senior Advisor Fazal Othman Ghazali led a TLG team including Rajat Sarawat, Neil Lessem, Oscar Ng, Raihana Idayu Rahmat, Sam Winward, Chris Starling, Tom Wilson and Dave Carlson advising SEC on key commercial and regulatory aspects of the transaction.
This marks an important milestone for the Sabah natural gas industry with both the gas transportation and distribution as well as the shipping functions consolidated under SEC, setting up SEC as the largest gas supplier in Sabah.