Reservoir Link secures licenses to expand into Malaysia's natural gas value chain


— Source: Reservoir Link Annual Report

PETALING JAYA: Reservoir Link Energy Bhd has obtained approvals from the Energy Commission of Malaysia (ST) for a Gas Shipping Licence and Import into Regasification Terminal Licence, under the Gas Supply Act.

In a statement, the oil and gas company said both licenses have been granted for a period of 10 years, subject to the applicable license conditions and annual licence fee requirements.

“The approvals represent a significant milestone in Reservoir Link’s strategic expansion into Malaysia’s regulated natural gas sector.

“They also align with ST’s framework for third-party access to the gas transportation and regasification infrastructure, enabling greater market liberalisation and participation by licensed players.”

Reservoir Link said these licenses reinforce the group’s commitment to broadening its energy portfolio beyond conventional oilfield services.

It said the Gas Shipping License will enable the group to participate in the transportation of natural gas through Malaysia’s gas transportation system, while the Import into Regasification Terminal License allows the company to import liquefied natural gas (LNG) into licensed regasification terminals.

Together, these licenses provide the regulatory foundation for Reservoir Link to participate across key segments of the domestic natural gas value chain.

“With the rapid increase in data centres across Malaysia driving substantial electricity demand, natural gas is expected to play a critical role in power generation to ensure reliable and flexible energy supply for these high-load facilities.”

The company said this positions Reservoir Link to support the country’s evolving energy security and transition agenda.

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