The Malaysia LNG Project is comprised of three projects: Malaysia LNG Sdn. Bhd. (MLNG), Malaysia LNG Dua Sdn. Bhd. (MLNG Dua), and Malaysia LNG Tiga Sdn. Bhd. (MLNG Tiga). The project uses natural gas from gas fields offshore of Sarawak to produce liquefied natural gas (LNG) primarily for sale to electric and gas companies in Japan, Korea, and Taiwan.
MLNG was established in 1978 and began LNG production in 1983. Current shareholders are Petroliam Nasional Berhad (PETRONAS), the Sarawak Sate Government, and Mitsubishi Corporation (MC) with a 5% interest. In response to strong demand for LNG in East Asia, the second phase project MLNG Dua and the third phase project MLNG Tiga were launched in 1992 and 1995 ("dua" meaning two and "tiga" meaning three in Malaysian). MLNG Dua began production in 1995 and production at MLNG Tiga commenced in 2003. MC holds a 15% interest in MLNG Dua and shares a 5% interest in MLNG Tiga with Japan Petroleum Exploration Co., Ltd (JAPEX) through Diamond Gas Netherlands, a joint investment company formed by MC (80%) and JAPEX (20%).
The combined production capacity of the eight LNG trains associated with the three projects totals approximately 23 million tons a year, making it the world's single most productive LNG site. In 2006, approximately 12 million tons of LNG were imported into Japan from these plants, representing roughly 19.4% of the nation's total LNG imports.