Sabah will not suffer losses following PETRONAS' decision to decommission the RM4.6bil Sabah-Sarawak Gas Pipeline (SSGP), Finance Minister Datuk Seri Masidi Manjun assured.
The 512km-long SSGP, with a 36in diameter, was designed to transport up to 750 million cubic feet per day (mcf/d) of gas from offshore Sabah fields to the Petronas LNG Complex in Sarawak.
Petronas is a long-established organisation with decades of expertise and significant resources, including its status as the world’s third-largest LNG supplier – leverage Petros may lack.